Barfoot & Thompson sold just over a third of their auction properties last week.
Auckland's largest real estate agency marketed 94 homes for sale by auction last week and had sold 34 of them unconditionally by 5pm the day after their auctions, with most of the rest being passed in for sale by negotiation and a small number that were either withdrawn from sale or had their auction dates postponed.
That gave an overall sales clearance rate of 36% for the week (see table below).
The highest clearance rate of 75% was achieved for properties auctioned on site, although the numbers were small with just four auctioned that way.
There were no sales at a couple of the smaller auctions.
Prices ranged form $58,000 for a unit in a student accommodation block in the CBD that was sold by mortgagee sale, to $3.297 million for a property in Glendowie.
The full results with the prices achieved on the properties that sold are available on our Residential Auction Results page.
|Date/Venue||Sold||Not sold||Total||% Sold|
|31 July - 6 August. On site.||3||1||4||75%|
|1 August. Shortland St, CBD.||4||6||10||40%|
|1 August. Manukau.||2||9||11||18%|
|2 August. Shortland St, CBD.||7||9||16||44%|
|2 August. Shortland St: Mortgagee/High Court.||2||1||3||67%|
|2 August. Pukekohe.||0||2||2||Nil|
|3 August. Shortland St. CBD.||0||3||3||Nil|
|3 August. North Shore.||5||15||20||25%|
|3 August. Kerikeri.||1||1||2||50%|
|3 August. Shortland St, CBD.||3||3||6||50%|
|4 August. Shortland St, CBD.||7||10||17||42%|
|*Sold includes properties sold under the hammer or by 5pm the following day. Not sold includes properties remaining unsold by 5pm the following day and properties that were withdrawn from sale or that had their auction date postponed.|