Barfoot & Thompson achieved an overall sales clearance rate of 38% at the agency's auctions last week.
The highest clearance rate was at the Whangarei auction where sales were achieved on all seven properties marketed for sales by auction, while the lowest success rate was at the Pukekohe auction where none of the five properties sold.
There was a substantial improvement in the sales rate at the Manukau auction last week with sales achieved on just under half the properties, a significantly better result than achieved at most of the Manukau auctions over the last few months.
Sales rates of around 40% or more were also the norm at the auctions held at Barfoot's head office auction rooms on Shortland Street, but the sales rate was just 27% on the North Shore, and sales were achieved on just a quarter of the properties auctioned on site.
The full results with the prices achieved for individual properties that sold, are available on or Auction Results page.
|Venue/Date||Sold*||Not sold*||Total||% sold|
|On site. 12-18 June 2017.||3||9||12||25%|
|Shortland St, CBD. 13 June 2017.||5||7||12||42%|
|Manukau. 13 June 2017.||10||11||21||48%|
|Mortgagee. 14 June 2017.||1||0||1||100%|
|Whangarei. 14 June 2017,||7||0||7||100%|
|Shortland St. !4 June 2017.||12||18||30||40%|
|Pukekohe. 14 June 2017.||0||5||5||Nil|
|Shortland St, CBD. 15 June 2017.||5||8||13||38%|
|North Shore. 15 June 2017.||7||19||26||27%|
|Shortland St, CBD. 16 June 2017.||4||10||14||29%|
|*Sold includes properties sold under the hammer or by 5pm the following day. Not sold includes properties remaining unsold by 5pm the day after the auction, including those that were withdrawn from sale or had their auction date postponed.|