Auckland's largest real estate agency sold two thirds of its auction properties last week.
Barfoot & Thompson marketed 287 residential properties for sale by auction in the week ending March 6 and sold 188, giving a clearance rate of 66%.
The highest clearance rates were for properties sold on site (73%) and those sold at its North Shore auctions (also 73%).
At Barfoot's head office auction room in the CBD the clearance rate was 64% and in Manukau it was 60%.
See the table below for the auction sales breakdown by area.
|Auction venue||Total auction properties||Passed in, postponed or withdrawn||Sold||Clearance rate|
|Manukau Sports Bowl||48||19||29||60%|
|34 Shortland St, CBD||153||56||97||64%|
|Fairway Conference Centre, Glenfield||59||16||43||73%|
|Tuakau Town Hall||1||1||-||0|
|Total All Auctions||287||99||188||66%|
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