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.
|Date||Venue||Sold||Not Sold||Total||% Sold|
|12-18 March||On site||4||13||17||24%|
|13 March||Shortland St, CBD||6||9||15||40%|
|14 March||Shortland St, CBD||13||33||46||28%|
|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%|