Prices at Bayleys' latest auctions ranged from $485,000 for a trendy Ponsonby apartment to $2.95 million for a beachfront house at Narrow Neck

A one bedroom apartment in this complex on Richmond Rd in Ponsonby sold for $485,000.

Bayleys Real Estate marketed 52 Auckland homes for auction this week (to February 24) and sold 29 of them, giving a sales clearance rate of 56%.

At Bayleys’ Hawke’s Bay offices the success rate was even higher, with seven properties being auctioned and sales achieved on five of them.

Things were a bit quieter in the Hamilton auction rooms, with just two properties offered and both being passed in.

At the Auckland auctions prices ranged from $485,000 for a one bedroom Ponsonby apartment with a balcony and car park, to $2.95 million for a house overlooking Narrow Neck Beach on the North Shore.

Also on the North Shore a two bedroom home unit in the heart of Browns Bay fetched $650,000.

In Hawke’s Bay prices ranged form $673,500 for a modern three bedroom house on a 6ha lifestyle block, to $1 million for a contemporary three bedroom house on a suburban street in Havelock North.

The full results of these auctions, with the individual prices of the properties that sold and details of those that didn’t, are available on our Auction Results page.

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