The auction rooms are kicking back into action after the holiday break – prices ranged from $781,000 to $1.8m at Barfoot & Thompson's first auctions of the year

The auction rooms are slowly springing back to life after the holiday break, as the early marketing campaigns run their course.

Last week Auckland’s biggest real estate agecy, Barfoot & Thompson, kicked off the New Year by auctioning 17 residential properties, with eight selling under the hammer, giving an overall sales clearance rate of 46% (see table below).

Prices of the properties that sold ranged from $781,000 for a fire damaged house in need of demolition that was on a large section in New Lynn, to $1.8 million for a property in Ponsonby.

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

Barfoot & Thompson Anuction Results 23-26 January 2018

Date  Location Sold  Not sold Total % Sold
23 January Manukau 0 4 4 0
24 January  Shortland St, CBD 2 0 2 100%
25 January North Shore 4 3 7 57%
25 January Shortland St, CBD 1 1 2 50%
26 January Shortland St, CBD 1 1 2 50%
Total All venues 8 9 17 46%

You can receive all of our property articles automatically by subscribing to our free email Property Newsletter. This will deliver all of our property-related articles, including auction results and interest rate updates, directly to your in-box 3-5 times a week. We don’t share your details with third parties and you can unsubscribe at any time. To subscribe just click on this link, scroll down to “Property email newsletter” and enter your email address.