The auction market remains relatively subdued with most agencies getting sales clearance rates of around 50% at their auctions.
Bayleys is the latest agency to report its results, marketing 28 properties for sale by auction over the last week and achieving sales on 13 of them, giving an overall sales clearance rate of 47%.
At the Auckland auctions nine of the 20 properties were sold, with prices ranging from $580,000 for a one bedroom apartment in a character building in the CBD, to $2,390,000 for a large, modern house on a large section in a gated community at Greenhithe.
At the Hamilton auctions the properties ranged from houses throughout the Waikato to a lifestyle block at Te Kauwhata. The prices of the properties that sold started at $395,000 for a two bedroom unit in Cambridge.
In Hawke's Bay prices started at $626,000 for a renovated, four bedroom character house with a swimming pool at Hastings.
The full results with photos and details of all the auctioned properties and the prices achieved on those that sold are available on our Residential Auction Results page.
If you are interested in commercial property check out our Commercial Property Sales page.
You can receive all of our property articles automatically by subscribing to our free email Property Newsletter. This will deliver all of our property-related articles, including auction results and interest rate updates, directly to your in-box 3-5 times a week. We don't share your details with third parties and you can unsubscribe at any time. To subscribe just click on this link, scroll down to "Property email newsletter" and enter your email address.