Barfoot & Thompson had an overall sales rate of 42% at the agency’s latest auctions.
The number of properties being auctioned remain on their winter lows, with Barfoot marketing 79 residential properties for sale by auction last week and achieving sales on 33 of them, with the rest mostly passed in, which meant they became available to buyers who needed to make conditional offers.
At the biggest auctions where 10 or more properties were offered, the sales rates ranged from 27% at the Manukau auction where most of the properties on offer were from south Auckland and the eastern suburbs, to 54% at the Shortland Street auction on August 8, where most of the properties offered were from central Auckland suburbs.
Selling prices ranged from $665,000 for a three bedroom weatherboard and tile house on a 708 square metre section at Otahuhu, to $2,775,000 for a four bedroom villa with harbour views in St Mary’s Bay.
Details of most of the properties offered and the selling prices on most of those that sold are available on our Residential Auction Results page.
|Date||Venue||Sold||Not sold||Total||% Sold|
|6-12 August||On site||1||3||4||25%|
|7 August||Shortland St, CBD.||3||1||4||75%|
|8 August||Shortland St, CBD.||7||6||13||54%|
|9 August||Shortland St, CBD.||2||3||5||40%|
|9 August||North Shore||8||11||19||42%|
|10 August||Shortland St, CBD.||5||4||9||56%|