Barfoot & Thompson had an overall sales rate of 43% at their auctions last week, although the total numbers were low with just 111 properties marketed for sale by auction.
All but one of the auctions achieved sales rates of between 40% and 50% (see table below), which is in line with other auctions during recent weeks.
The one exception was the auction at the Shortland Street rooms on 28 July, which achieved a sales rate of 31%.
Most of the properties at this auction were in Auckland's western suburbs and included properties at Henderson, New Lynn, Sunnyvale, Glen Eden, Te Atatu South and Swanson.
The full results with the prices achieved on the properties that sold are available on our Residential Auction Results page.
| Date/Venue | Sold* | Not sold* | Total | % Sold |
| 24-30 July. On site. | 2 | 2 | 4 | 50% |
| 25 July. Manukau | 9 | 13 | 22 | 41% |
| 25 July. Shortland St, CBD. | 3 | 2 | 5 | 40% |
| 26 July. Mortgagee/HighCourt. | 1 | 1 | 2 | 50% |
| 26 July. Shortland St, CBD. | 10 | 12 | 22 | 45% |
| 26 July. Whangarei. | 4 | 5 | 9 | 44% |
| 27 July. North Shore. | 13 | 16 | 29 | 45% |
| 27 July. Shortland St, CBD. | 2 | 3 | 5 | 40% |
| 28 July. Shortland St. CBD. | 4 | 9 | 13 | 31% |
| Total | 48 | 63 | 111 | 43% |
| *Sold includes properties sold under the hammer or by 5pm the following day. Not sold includes properties remaining unsold by 5pm the day after the auction, plus those that were withdrawn from sale or that had their auction date postponed. | ||||
16 Comments
There, There DGZ. It will be alright in the long run just vote for anyone else except National, since they put us in this mess in the first place by being negligent and just down right lazy.
We just need to let logic take its course and allow property prices to bottom out to around affordable levels and then they'll gradually rise back up again with increasing wages. Quite straight forward really.
Have you grabbed a copy of the latest QV Monthly Property Market & Economic Report? Pick one up here: https://goo.gl/YWr99r
People should study the background and voting decisions of prospective candidates. Don't just go on pretty looks, or thinking it's time to give another generation a go. People of my particular demographic need to be particularly careful about this. Now I'm not saying Adern has, but if someone has advocated replacing "stale, pale, males" in the past then they should be rejected if you are part of that demographic. There is a considerable amount of hostility out there that shouldn't be ignored. Labour made a terrible misjudgement when Cunliffe did his apologising for being a man madness a little while ago. This is no longer a joke.
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