Barfoot & Thompson achieved sales on just over a quarter of the properties it marketed for sale by auction last week.
The real estate agency, which is the largest in the Auckland region, marketed 151 properties for sale by auction and achieved sales on 39 of them, giving an overall sales rate of 26%.
The highest sales rate was for properties auctioned on site, with 19 residential properties auctioned on site and sales achieved on almost half of them.
Of the other major auctions where at least 10 properties were offered, the sales rates ranged from 7% at the Shortland Street auction on 9 November, where most of the properties offered were from west Auckland suburbs such as Massey, Ranui, West Harbour, Te Atatu and Henderson, and just one of the 15 properties was sold, to 36% at the Shortland St auction on 8 November, where most of the properties offered were from central or fringe suburbs such as Ellerslie, Onehunga, Blockhouse Bay, Remuera, Epsom and Royal Oak.
Prices of the properties that sold ranged from $650,000 for a two bedroom town house at Westgate, to $2.425 million for a three bedroom house on a large section at Mangawhai Heads.
Details of all the properties offered and the prices and rating valuations of most of those that sold are available on our Residential Auction Results page.
See the table below for a summary of the individual auctions.
|Date||Venue||Sold||Not Sold||Total||% Sold|
|5-11 November||On site||9||10||19||47%|
|6 November||Shortland St, CBD.||2||9||11||18%|
|7 November||Shortland St, CBD.||6||22||28||21%|
|8 November||North Shore||7||23||30||23%|
|8 November||Shortland St, CBD.||4||7||11||36%|
|9 November||Shortland St, CBD.||1||14||15||7%|