The overall sales rate dipped to just under a quarter at Bayleys Real Estate's latest residential property auctions.
Bayleys marketed 49 residential properties for sale at auctions in Auckland, Hamilton and Rotorua over the last week and sold 12 of them, giving an overall clearance rate of 24%.
The remaining 38 were mostly passed in for sale by negotiation, with a handful having their auction dates postponed.
The bulk of the action was in Auckland where 38 properties were up for grabs and sales were achieved on nine.
Highlights of the Auckland auctions Included a typical 1970s, brick and tile unit in Onehunga.
It had two bedrooms, a small but private garden and a carport and sold for $675,000.
And out at Waimauku in Auckland's rural north west, a three bedroom house with a sleepout on a 2977 square metre lifestyle block sold for $830,000.
Photos and details of all the properties offered and the prices achieved on those that sold are available on our Residential Auction Results page.
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