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Harcourts' auction clearance rates range from 56% in Hamilton & Tauranga to 64% in Wellington

Harcourts' auction clearance rates range from 56% in Hamilton & Tauranga to 64% in Wellington
This two bedroom unit in Takapuna sold for $570,000.

It was a a busy week in Harcourts' auction rooms around the country last week, with 172 homes marketed for sale by auction and sales being achieved on 101 of those, giving an overall clearance rate of 59%.

In Auckland 74 homes were marketed for auction and sales were achieved on 43 (58%). In the central North Island including Tauranga and Hamilton, 57 homes were marketed for auction and sales were achieved on 32 (56%). In Wellington 11 homes were marketed for auction and 7 (64%) were sold. And in the South Island 30 homes were marketed for sale by auction and 19 (63%) were sold.

See below for the results of Harcourts' auctions from around the country last week: 

 

 

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6 Comments

The only houses not selling like hot dumplings around where I live are those with a 4 in their street address. Hahaha!!!

Wellington market is recently promoted on news quite often
I was wondering why
The power of media indicate the direction and where the hot money should flow

perception is everything in the current market and media plays a big role in building that.

Mastery, Wellington highest average and median wage in country above Auckland. Main IT hub of NZ eg Xero, Weta workshops, CricHQ etc. Can buy a 4 bedroom brick and tile house for less than replacement cost in decile 8 or above school zone. Lower crime rate than Auckland. Overall Wgtn would have the best fundamentals relative to present property price levels in the country.

Have a look-see at the New Zealand Herald website today.

House prices are starting to cook in Hamilton.

Rest of New Zealand, here it comes.

with debt like this... http://www.nationaldebtclocks.org/debtclock/newzealand .... let it cook! You are fools and soon your treasures will be rotting in the streets!

Days to the General Election: 27
See Party Policies here. Party Lists here.