New Zealand Auction Results
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New Zealand this week from 5 April to 11 April has 386 auction properties
41%
Clearance rate
386
Auction schedule
136
Sold out
196
Passed in
Auction result collected335
Median sales price$1,223,250
Sold Average rate$1,114,819
This week, the New Zealand real estate auction market remained stable, with a slight decrease in the number of listings, but an increase in the clearance rate.
A total of 386 properties were auctioned this week, with auction results collected for 335 properties, of which 136 were successfully sold, 196 passed in, and the clearance rate reached 41%. Compared to last week, the number of properties auctioned decreased by 20 units (approximately 4.9%); the number of successful auctions increased by 57 units (approximately 72.2% increase); and the clearance rate increased by 2 percentage points, indicating a slight increase in market activity.
The performance varied significantly by region, with Auckland Central and Auckland West showing notable growth in clearance rates:
- Auckland Central's clearance rate increased by 9 percentage points to 42%;
- Auckland West's clearance rate increased by 10 percentage points to 28%.
The clearance rates in Auckland North Shore and Auckland East decreased by 5 percentage points and increased by 8 percentage points, respectively. Auckland South and Waiheke Island both experienced a decline in clearance rates, with Waiheke Island showing a clearance rate of 0% this week, indicating weak transaction activity.
In terms of prices, the mainstream transaction price range this week was between $1 million and $1.5 million, with 32 properties sold, making it the largest proportion.
The highest sale price this week was for a property located at 10 Sharpe Road in Epsom, which sold for $4,500,000.
The median sale price this week fell to $1,223,250, while the average price dropped to $1,114,819, reflecting that transactions were more concentrated on lower-priced properties. (Data for reference only)
A total of 386 properties were auctioned this week, with auction results collected for 335 properties, of which 136 were successfully sold, 196 passed in, and the clearance rate reached 41%. Compared to last week, the number of properties auctioned decreased by 20 units (approximately 4.9%); the number of successful auctions increased by 57 units (approximately 72.2% increase); and the clearance rate increased by 2 percentage points, indicating a slight increase in market activity.
The performance varied significantly by region, with Auckland Central and Auckland West showing notable growth in clearance rates:
- Auckland Central's clearance rate increased by 9 percentage points to 42%;
- Auckland West's clearance rate increased by 10 percentage points to 28%.
The clearance rates in Auckland North Shore and Auckland East decreased by 5 percentage points and increased by 8 percentage points, respectively. Auckland South and Waiheke Island both experienced a decline in clearance rates, with Waiheke Island showing a clearance rate of 0% this week, indicating weak transaction activity.
In terms of prices, the mainstream transaction price range this week was between $1 million and $1.5 million, with 32 properties sold, making it the largest proportion.
The highest sale price this week was for a property located at 10 Sharpe Road in Epsom, which sold for $4,500,000.
The median sale price this week fell to $1,223,250, while the average price dropped to $1,114,819, reflecting that transactions were more concentrated on lower-priced properties. (Data for reference only)