Barfoot & Thompson had an overall sales rate of 28% at the agency's auctions last week.
Barfoot marketed 157 properties for sale by auction and achieved sales on 44 of those, with the remaining 113 mostly passed in for sale by negotiation, with a few having their auction dates postponed.
The highest sales rate at the main auctions was at the North Shore auction on May 3 where 25 properties had been marketed for sale on the day and 10 were sold, giving a sales clearance rate of 40%.
At the Manukau auction on May 1 where 28 properties were scheduled for auction, sales were achieved on six, giving a sales clearance rate of 21%.
The biggest auction of the week was in Barfoot's Shortland Street rooms on May 2 where 41 properties were scheduled for sale, mostly from central Auckland suburbs such as Remuera, St Heliers, Epsom, and Mt Eden, with sales achieved on 12 of them, giving a sales clearance rate of 29%.
The lowest sales rate for the week was at the Pukekohe auction, where 11 properties were scheduled for sale and sales achieved on just one of them, giving a clearance rate of 9%.
The chart below summarises the results of all of Barfoot & Thompson's auctions last week.
Details of the individual properties offered and the prices achieved on most of those that sold, are available on our Residential Auction Results page.
|Date||Vanue||Sold||Not sold||Total||% Sold|
|30 April - 6 May||On-site||5||13||18||28%|
|1 May||Shortland St, CBD.||1||4||5||20%|
|2 May||Shortland St - Mortgagee/High Court||1||-||1||100%|
|2 May||Shortland St, CBD.||12||29||41||29%|
|3 May||North Shore||10||15||25||40%|
|3 May||Shortland St, CBD.||2||8||10||20%|
|4 May||Shortland St, CBD||5||11||16||31%|