Sales rates at Barfoot & Thompson's latest auctions ranged from 31% to 50%

Barfoot & Thompson had an overall sales rate of 43% at their auctions last week, although the total numbers were low with just 111 properties marketed for sale by auction.

All but one of the auctions achieved sales rates of between 40% and 50% (see table below), which is in line with other auctions during recent weeks.

The one exception was the auction at the Shortland Street rooms on 28 July, which achieved a sales rate of 31%.

Most of the properties at this auction were in Auckland’s western suburbs and included properties at Henderson, New Lynn, Sunnyvale, Glen Eden, Te Atatu South and Swanson.

The full results with the prices achieved on the properties that sold are available on our Residential Auction Results page.

Barfoot & Thompson Auction Results 24=30 July 2017
Date/Venue Sold* Not sold* Total % Sold
24-30 July. On site. 2 2 4 50%
25 July. Manukau 9 13 22 41%
25 July. Shortland St, CBD. 3 2 5 40%
26 July. Mortgagee/HighCourt. 1 1 2 50%
26 July. Shortland St, CBD. 10 12 22 45%
26 July. Whangarei. 4 5 9 44%
27 July. North Shore. 13 16 29 45%
27 July. Shortland St, CBD. 2 3 5 40%
28 July. Shortland St. CBD. 4 9 13 31%
Total 48 63 111 43%
*Sold includes properties sold under the hammer or by 5pm the following day. Not sold includes properties remaining unsold by 5pm the day after the auction, plus those that were withdrawn from sale or that had their auction date postponed.