Prices at Harcourts' latest auctions ranged from $195,000 to $2.445m

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

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