Sales rates ranged from 19% to 40% at Barfoot & Thompson's latest auctions

Barfoot & Thompson had an overall sales rate of just under a third at the agency’s auctions last week.

Barfoot marketed 187 residential properties for sale by auction and achieved sales on 56 of them, giving an overall clearance rate of 30%.

Most of the remaining properties were passed in for sale by negotiation but a few had their auctions cancelled or postponed.

The highest sales rate was at the Shortland Street auction rooms at the company’s head office on March 13, where properties in a mix of suburbs including Te Atatu South, New Lynn, Mt Albert, Sandringham and Pt Chevalier were offered and the sales rate was 40%.

The lowest sales rate was also at the Shortland St auction rooms, on 15 March where a mix of CBD apartments, plus properties in a wide mix of suburbs including St Johns, Mt Roskill, Mt Eden, Glen Eden, Massey, Onehunga, Glen Eden and Onehunga were offered and the sales rate was 19%.

At the big North Shore auction the sales rate was 30%, and at Manukau it was 31%.

Details of all the properties offered and the individual selling prices for most of those that sold are available on our Residential Auction Results page.

Barfoot & Thompson Auction Results 12-18 March 2018
Date Venue Sold Not Sold  Total % Sold
12-18 March On site 4 13 17 24%
13 March Manukau 8 18 26 31%
13 March Shortland St, CBD 6 9 15 40%
14 March Shortland St, CBD 13 33 46 28%
14 March Pukekohe 2 7 9 22%
15 March North Shore 9 21 30 30%
15 March Shortland St, CBD 3 13 16 19%
16 March Shortland St, CBD 11 17 28 39%
Total All venues 56 131 187 30%