Only one Auckland home sells for less than $500,000 at Harcourts auctions, with North Shore house selling for $4.6m

This house at Arkles Bay on the Whangapararoa Peninsula sold for $390,000.

Harcourts marketed 157 homes for auction throughout the country in the week ending September 27, resulting in 86 sales, giving a nationwide clearance rate of 55%.

In the Auckland region the cheapest home sold was a house at Arkles Bay on the Whangaparaoa Peninsula (pictured) which fetched $390,000 and was the only home in the Auckland region that sold for less than $500,000.

The next cheapest sale was a three bedroom home unit in Papakura which sold for $537,000.

At the other end of the price scale, 23 Auckland homes sold for more than $1 million and the most expensive sale of the week was a house at Narrow Neck on the North Shore which went for $4.6 million.

In Hamilton prices started at $308,000 for a house at Maeroa, in Taupo the cheapest sale was a house in the suburb of Hilltop that sold for $295,000,  and in the Manawatu prices started at $256,000 for a house at Hokowhitu in Palmerston North.

In Wellington the cheapest sale of the week was a house at Paremata that sold for $393,000 and in Christchurch the cheapest was a house in Shirley that sold for $280,000.

See below for the full results of Harcourts auctions from around the country: