Barfoot & Thompson marketed 101 residential properties for sale by auction last week and sold 33 of them either under the hammer by by 5pm the following day, giving an overall sales clearance rate of 33%.
Sales rates varied considerably between auctions, with the highest success rate of 67% at the Whangarei auction and the lowest of 17% at the Manukau auction.
At the North Shore auction a 28% sales rate was achieved and in the company's Shortland street auction rooms the sales rates ranged form 27% to 54% (see table below for all auctions).
The highest sales price of the week was $1.465 million for a property at Hillcrest on the North Shore and the lowest was $375,000 for a Whangarei property.
The results from all of Barfoot's auctions last week, with details of individual properties and the prices achieved on those that sold, are available on our Auction Results page.
|Manukau, 2 May 2017||5||24||29|
|Shortland St, 2 May 2017||7||6||13|
|Whangarei, 3 May 2017||4||2||6|
|Shortland St, 3 May 2017||4||6||10|
|North Shore, 4 May 2017||5||13||18|
|Shortland St, 4 May 2017||3||4||7|
|Shortland St, 5 May 2017||3||8||11|
|*Sold includes properties sold under the hammer or by 5pm the day after the auction. Not sold includes properties remaining unsold by 5pm the day after the auction, and those that were withdrawn from sale or had their auction date postponed.|