Sales rate nudges 50% at some Barfoot & Thompson auctions but only just gets above 10% at the Manukau auction

Barfoot & Thompson sold 65 of the 181 properties the firm marketed for sale by auction in the week before the Easter break, giving a sales clearance rate of 36%.

The highest clearance rates were at some of the smaller auctions, with four out of seven selling at the auction at Barfoot’s head office rooms in Shortland St on 13 April and two out of four selling at the Whangarei auction.

And at the big Shortland St auction on 12 April, where most of the homes offered were in the popular central Auckland suburbs plus some from Waitakere, the sales clearance rate almost reached 50% with 25 or the 52 properties scheduled for auction finding new owners.

But the auctions at Manukau remain slow, with just three of the 25 properties scheduled for the Manukau auction selling.

To see the full results from all of the Barfoot auctions, with details of all properties offered including those that didn’t sell, go to our Auction Results page.

Barfoot & Thompson Auction Results 10-16 April 2017
Venue Sold* Not sold* Total
On site 2 2 4
Manukau, 11 April 3 22 25
Shortland St, 11 April 8 11 19
Whangarei, 12 April 2 2 4
Shortland St, 12 April 25 27 52
Pukekohe, 12 April 1 1 2
Shortland St, 13 April 4 3 7
North Shore, 13 April 11 21 32
Kerikeri 0 3 3
Shortland St, 13 April 9 23 32
Waiuku 0 1 1
Total  65 116 181
*Sold includes properties sold under the hammer or sold by 5pm the day after the auction. Not sold includes properties passed in or that were withdrawn from sale or had their auction postponed.

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