Auction proved to a be a popular way of selling sections in a residential subdivision just outside of Hamilton last week, with Harcourts auctioning 10 sections in the Parklands Estate development and selling seven of them at prices ranging from $430,000 to $477,000, while a home unit in Melville went for $332,500.
There was also a flurry of auction activity at Harcourts' Taupo office, where seven homes were offered for sale by auction and four were sold, with prices ranging from $340,000 to $610,000.
Auctions are also growing in popularity in the Wellington region where Harcourts auctioned 15 homes last week, selling nine at prices that ranged from $440,000 for a three bedroom house in Whitby to $2.06 million for a four bedroom apartment in Te Aro.
In Auckland Harcourts auctioned 61 homes and sold 29 of them, giving a clearance rate of 48%.
Prices ranged from $500,000 for a two bedroom apartment in Browns Bay on the North Shore to $3.435 for a house on Riddell Rd in Saint Heliers Bay.
The results of Harcourts auctions in most parts of the country except the Bay of Plenty can be viewed on our Auctions/Sales Results page, which provides a photograph and description of each property including those that didn't sell, and the prices achieved on those that were sold.
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