Barfoot & Thompson marketed 83 properties for sale by auction last week and achieved sales on 38 of them, giving an overall sales clearance rate of 46%.
At the main auctions sales rates ranged from 44% in Manukau, to 53% at the Shortland St auction on 13 September, with results ranging from zero sales to 100% sold at the minor auctions (see chart below).
The cheapest sale of the week was of a renovated, three bedroom, brick and tile house on a full section at Tuakau that went for $495,000. The most expensive was a four bedroom/three bathroom character home in Remuera that sold for $2.52 million.
The full results with the individual prices achieved on the properties that sold are available on our Residential Auction Results page.
If you are interested in commercial property, check out recent sales on our Commercial Property Sales page.
|Date||Location||Sold *||Not sold*||Total||% Sold|
|11-17 September||On site||3||1||4||75%|
|12 September||Shortland St, CBD.||3||-||3||100%|
|13 September||Mortgagee/High Court||1||1||2||50%|
|13 September||Shortland St, CBD.||9||8||17||53%|
|14 September||North Shore||10||18||28||46%|
|14 September||Shortland St, CBD.||2||3||5||40%|
|15 September||Shortland St, CBD.||3||5||8||37%|
|*Sold includes properties sold under the hammer or by 5pm the following day. Not sold includes properties that remained unsold by 5pm the day after the auction, plus those that had their auction date postponed and those that were withdrawn from sale.|