Fewer properties on offer but sales rates were up at Barfoot & Thompson’s latest Auckland auctions with prices starting at $480,000

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There were fewer properties on offer at Barfoot & Thompson’s latest auctions but sales were achieved on more than half of them.

The agency marketed 78 properties for sale by auction last week and sold 41 of them, giving an average sales rate of 53%.

The two biggest auctions of the week were the Manukau auction where the sales rate was 47%, and the North Shore auction where the sales rate was 45%.

At some of the auctions held at the agency’s Shortland Street rooms, sales on up to two thirds of the properties were achieved and more than 80% of the on-site auctions resulted in sales, although just a handful of properties were offered at some of the auctions.

Prices ranged from $480,000 for a two bedroom home unit with a garden and double carport in Glen Eden, to $1.6 million for a renovated four bedroom/two bathroom house in Orakei.

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

Barfoot & Thompson Auction Results 30 July – 5 August 2018
DateVenueSoldNot soldTotal% Sold
30 july-5 AugustOn site51683%
31 JulyManukau891747%
31 JulyShortland St, CBD.54956%
1 AugustShortland St, CBD.63967%
1 AugustPukekohe13425%
2 AugustShortland St, CBD.23540%
2 AugustNorth Shore10122245%
3 AugustShortland St, CBD.42667%
TotalAll venues41377853%

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