Barfoot & Thompson achieved sales on nearly half the homes it took to auction last week.
Auckland's largest real estate agency marketed 132 homes for sale by auction and sold 59 of them either under the hammer or by 5pm the following day, giving an overall sales clearance rate of 45%.
The auction rooms have been a bit quieter lately as the market comes off its summer peak and heads towards the slower winter season and although the number of homes being auctioned has dropped away, sales rates have remained fairly consistent.
The highest sales rate achieved at Barfoot's auctions last week was in their Shortland St rooms in the CBD on May 10, where sales were achieved on 20 of the 35 homes scheduled for auction, giving a sales clearance rate of 57%.
Most of the homes offered at that auction were in central Auckland suburbs such as Remuera, One Tree Hill, Sandringham, Mt Eden and Epsom, where the market remains a bit more buoyant than in suburbs further out of town.
At the North Shore auction the sales rate was 54% and at Manukau it was 31% (see table below for all areas).
You can see the full results with the prices achieved on individual properties that sold, on our Auction Results page.
|Manukau, 9 May 2017||10||22||32|
|Shortland St, CBD. 9 May 2017||6||10||16|
|Shortland St, CBD. 10 May 2017||20||15||35|
|Pukekohe, 10 May 2017||0||1||1|
|North Shore, 11 May 2017||15||13||28|
|Shortland St, CBD. 11 May 2017||5||8||13|
|Kerikeri, 11 May 2017||0||1||1|
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