Barfoot & Thompson had an overall sales clearance rate of 43% at their auctions last week.
The agency marketed 95 properties for sale by auction and sold 41 unconditionally by 5pm the day after their auctions, with a small number withdrawn from sale or postponed and the rest being passed for sale by negotiation.
Of the major auctions, the highest sales rate was 64% on Auckland's North Shore, and the lowest was 21% at Manukau (see table below).
Prices ranged from $186,000 for a leasehold apartment in the CBD, to $3.42 million for a house in Epsom sold at mortgagee auction.
You can see the results with the prices achieved on the individual properties that sold on our Residential Auction Results page.
If you are interested in commercial property, check out our Commercial Property Sales page.
|Date||Venue||Sold*||Not sold*||Total||% Sold|
|7-13 August||On site||3||1||4||75%|
|8 August||Shortland St, CBD.||3||3||6||50%|
|9 August,||Shortland St: Mortgagee/High Court||1||0||1||100%|
|9 August||Shortland St, CBD||7||10||17||41%|
|10 August||North Shore||14||8||22||64%|
|10 August||Shortland St, C BD.||5||8||13||38%|
|11 August||Shortland St, CBD.||3||8||11||18%|
|*Sold includes properties sold under the hammer or by 5pm the following day. Not sold includes properties remaining unsold by 5pm the day after the auction, or that were withdrawn from sale or had their auction date postponed.|
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