Things were quieter in Barfoot & Thompson's auction rooms in the week after Easter, with 142 properties marketed for auction and sales achieved on 51 of them, giving an overall clearance rate of 36%.
The biggest auction of the week was on the North Shore, where 35 properties were scheduled for auction and sales were achieved on 12 of them, giving a clearance rate of 34%.
A notable feature of Barfoot's auctions last week was the high clearance rate for the properties auctioned on site, with 55% sold, and at the Shortland Street auction on April 4, where most of the properties offered were in central Auckland suburbs such as Mt Eden, St Heliers, Epsom and Grey Lynn, and the clearance rate was 48%.
However sales remained sluggish at the Manukau auction, where most of the properties offered were from south and east Auckland and the clearance rate was 14%.
The table below gives the overall sales results at Barfoot's various auctions last week, while details of individual properties and the prices achieved for most of those that sold are available on our Residential Auction Results page.
|Date||Venue||Sold||Not sold||Total||% Sold|
|3-6 April||On site||6||5||11||55%|
|3 April||Shortland St, CBD.||2||5||7||29%|
|4 April||Shortland St - Mortgagee/Court||0||1||1||-|
|4 April||Shortland St, CBD.||12||13||25||48%|
|5 April||North Shore||12||23||35||34%|
|5 April||Shortland St, CBD.||3||7||10||30%|
|6 April||Shortland St, CBD.||9||18||27||33%|