The home at 734 Riverview Terrace is the third red-brick central Albury home to sell at or after auction in less than a week, with two historic homes selling for well over $1 million each at the weekend.

678 Banff Avenue, Albury, sold for $2.3 million on Saturday, while 644 Kiewa Street, Albury, sold after auction for an undisclosed amount after being passed in at auction with a highest bid of $1.69 million.

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Stean Nicholls Real Estate agent Jack Stean said Riverview Terrace attracted two bidders and a decent crowd for a midweek evening auction.

Realestate.com.au said the property sold in November 2005 for $680,000.

Mr Stean said the central Albury property market would slow over the festive period and the number of auctions decrease, but the market would heat up again in mid to late January when people come back from holidays.

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