The number of properties offered for sale remained at their winter lows at Barfoot & Thompson’s latest auctions, but the overall sales rate held up at almost 40%.
Barfoot marketed 95 residential properties for sale by auction last week and achieved sales on 37 of them, giving an overall sales rate of 39%.
There were three auctions where 10 or more properties were offered – the Manukau auction where the sales rate was 33%, the North Shore auction where it was also 33%, and the Shortland Street auction on August 15 where most of the homes offered were from central Auckland suburbs and the sales rate was 48% (see table below).
Details of most of the properties offered at Barfoot’s auctions last week and the prices achieved on those that sold are available on our Residential Auction Results page.
|Date||Venue||Sold||Not Sold||Total||% Sold|
|13-19 August||On site||3||6||9||33%|
|14 August||Shortland St, CBD.||2||5||7||29%|
|15 August||Shortland St. (Mortgagee/High Court)||1||1||2||50%|
|15 August||Shortland St, CBD.||10||11||21||48%|
|16 August||Shortland St, CBD.||4||5||9||44%|
|16 August||North Shore||6||12||18||33%|
|17 August||Shortland St, CBD.||4||5||9||44%|
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