Barfoot & Thompson achieved a sales rate of just over a third at its auctions last week.
The agency, which is Auckland’s largest by far, had 110 properties scheduled for auction and achieved sales on 39 of them, giving an overall sales clearance rate of 35%.
The sales rate was 50% or more at a couple of the larger auctions where 10 or more properties were offered. At the on site auctions spread across the city the sales rate was 50%.
At the Shortland Street auction on 21 June, where the properties were mainly in central and central fringe suburbs such as Greenlane, Mt Roskill, Epsom, Onehunga and Sandringham, the sales rate was 57%.
At the big Manukau auction the sales rate was 22% and on the North Shore it was 34%.
Details of all of the individual properties offered and the prices achieved on most those that sold, are available on our Residential Auction Results page.
|Date||Venue||Sold||Not sold||Total||% Sold|
|18-24 June||On site||5||5||10||50%|
|19 June||Shortland St, CBD.||4||6||10||40%|
|20 June (Mortgagee/Court)||Shortland St, CBD||1||3||4||25%|
|20 June||Shortland St, CBD.||6||11||17||35%|
|21 June||Shortland St, CBD.||7||6||13||57%|
|21 June||North Shore||8||15||23||34%|
|22 June||Shortland St, CBD.||3||7||10||30%|