Barfoot & Thompson had an auction sales clearance rate of 32% last week.
The agency marketed 103 properties for sale by auction last week, with 33 of those changing hands by 5pm the day after the auction.
There was an unusually low sales rate at the North Shore auction, where just three of the 25 properties marketed for auction were sold, giving a clearance rate of 12%.
Two of the remaining properties had their auction dates postponed, with the rest being passed in.
At the Manukau auction the sales clearance rate was 30% and in the Shortland St rooms, the clearance rates ranged from 100% for the mortgagee auction to 38% for the auction on 5 July.
Sales were achieved on 36% of the properties auctioned on site.
Go to our Residential Auction Results page to see the prices for the properties that sold, and details of the properties that didn’t sell.
|Venue/Date||Sold*||Not sold*||Total||% Sold|
|On site. 3-9 July||4||7||11||36%|
|Shortland St, CBD. 4 July.||1||1||2||50%|
|Manukau. 4 July.||6||14||20||30%|
|Mortgagee/High Court. 5 July.||2||0||2||100%|
|Shortland St, CBD. 5 July.||11||18||29||38%|
|North Shore. 6 July.||3||22||25||12%|
|Shortland St, CBD. 6 July.||2||2||4||50%|
|Shortland St, CBD. 7 July.||4||6||10||40%|
|* 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 Not sold includes properties that remained unsold by 5pm the day after the auction, plus those withdrawn from sale or that had their auction date postponed.|