Auction rooms remained extremely busy in the final week of March, with 531 residential properties around the country on offer at the residential property auctions monitored by interest.co.nz in the week of 22-28 March.
That was the third highest number of properties offered at auction so far this year, with the record being set in the last week of February when 601 properties were offered.
The sales rate has remained remarkably stable over the peak summer selling season, with 191 properties selling under the hammer at the latest auctions, giving an overall sales rate of 36%.
That follows four weeks in a row where it was 37%.
Similarly, prices appear relatively stable, with 39% of the properties that sold over the last week achieving prices that met or exceeded their rating valuation, unchanged from the previous week.
Over the last four weeks that price/RV ratio has stayed within the narrow range of 36% to 40%.
Details of the individual properties offered at all of the auctions monitored by interest.co.nz, including the selling prices of those that sold, are available on our Residential Auction Results page.
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