Bayleys sold just on half the homes auctioned in Auckland, Hamilton and Matamata last week.
The Hamilton auction was the stand out success, with 13 properties on offer and sales achieved on eight of them, giving a sales rate of 62%.
Highlights included the mortgagee sale of a two bedroom house (pictured) on an 828 square metre section in Tokoroa that went for $91,000, and a five bedroom house on a 2.2 hectare block at Koromatua that went for $915,000.
A similar success rate was achieved at the Matamata auction where two of the three properties auctioned were sold, including a two bedroom unit that sold for $300,000.
At the Auckland auctions 17 of the 39 properties were sold, giving a sales rate of 44%.
At the top end of the market a five bedroom house at Bucklands Beach fetched $3.95 million, and a three bedroom house in Freemans Bay went for $3.65 million. At the more affordable end, a refurbished two bedroom terraced house in Eden Terrace sold for $580,000, and a one bedroom character apartment in Parliament St near the High Court sold for $770,000.
The full results with the prices of the properties that sold and details including photos of all properties including those that didn’t sell, are available on our Auction Results page.
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