Activity ticked up a bit in Barfoot & Thompson's auction rooms last week (29 July-4 August), with more homes on offer and the sales rate hitting its highest point in more than a month.
The agency marketed 75 residential properties for sale by auction last week, up slightly on the 69-73 which have been offered over the previous few weeks.
The sales rate was also up, with sales achieved on 30 properties, giving an overall clearance rate of 40%. This was the highest it has been for more than a month.
Only one of last week's auctions had a sales rate below a third, which was the Shortland Street auction on August 2, where two of the eight properties offered, all from west Auckland, were sold.
At the big Manukau auction the sales rate was 33% and at the North Shore auction it was 39% (see table below).
Individual details for all of the properties offered are available on our Residential Auction Results page.
The comment stream on this story is now closed.
|Barfoot & Thompson Residential Auction Results 29 July - 4 August 2019|
|Date||Venue||Sold||Sold Post||Sold Prior||Not Sold||Postponed||Withdrawn||Total||% Sold|
|29 July-4 Aug||On-site||1||1||3||1||6||33%|
|30 July||Shortland St||2||1||3||67%|
|31 July||Shortland St||5||3||1||9||56%|
|1 August||North Shore||7||1||2||13||23||39%|
|1 August||Shortland St||1||1||2||50%|
|2 August||Shortland St||2||6||8||25%|
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.