Harcourts achieved sales on just under 50% of the residential properties the agency took to auction last week.
Of the 113 properties Harcourts marketed for auction throughout the country, sales were achieved on 54, giving an overall sales clearance rate of 48%.
Most of the action was in Auckland and Christchurch with remarkably similar clearance rates in both cities.
In Auckland 50 properties were auctioned and sales were achieved on 22 of them, giving a clearance rate of 44%. In Christchurch 47 properties went under the hammer and 20 of them found new owners, giving a clearance rate of 43%.
The cheapest sales of the week were two adjacent, earthquake damaged houses at New Brighton in Christchurch, one of which sold for $195,000 and the other for $205,000.
The most expensive sale was a four bedroom, transitional villa at Takapuna on Auckland’s North Shore that fetched $2,445,000.
The auction results with photos and details of the properties auctioned and the prices of those sold are available on our Residential Auction Results page.
If you are interested in commercial property, check out our Commercial Property Sales page.
You can receive all of our property articles automatically by subscribing to our free email Property Newsletter. This will deliver all of our property-related articles, including auction results and interest rate updates, directly to your in-box 3-5 times a week. We don’t share your details with third parties and you can unsubscribe at any time. To subscribe just click on this link, scroll down to “Property email newsletter” and enter your email address.