New Zealand Auction Results
Click to view this week's auction and past auction results
New Zealand this week from 31 May to 6 June has 227 auction properties
36%
Clearance rate
227
Auction schedule
55
Sold out
95
Passed in
Auction result collected152
Median sales price$1,477,000
Sold Average rate$1,488,827
The New Zealand real estate auction market cooled slightly this week, with fewer listings but a stable clearance rate.
A total of 227 properties were auctioned this week, with auction results collected for 152 properties. Of these, 55 were successfully auctioned, 95 were passed in, resulting in a clearance rate of 36%. Compared to last week, there were 98 fewer properties auctioned this week (a decrease of approximately 30.2%); the number of successful auctions decreased by 42 (a reduction of approximately 43.3%); the clearance rate remains unchanged at 36%, indicating a slight decline in market activity.
Performance varied across regions, with notable changes in clearance rates in some areas:
- The clearance rate in the Auckland West District increased by 19 percentage points to 50%;
- The Auckland South District’s clearance rate rose by 7 percentage points to 57%;
- The Auckland North Shore's clearance rate decreased by 13 percentage points, dropping to 20%.
Meanwhile, the clearance rate in the Auckland Central District showed little change from last week, and the Auckland East District and Waiheke Island showed relatively minor fluctuations.
In terms of prices, the mainstream transaction price range this week was between $500,000 and $1,000,000, with 14 transactions in this range, making it the highest proportion of transactions.
The highest property sale this week was 72 The Esplanade in Oneroa, sold for $2.6 million.
The median sale price of homes this week rose significantly to $1,477,000, and the average sale price also increased to $1,488,827, reflecting increased demand for high-priced properties and a focus on high-end properties. (Data for reference only)
A total of 227 properties were auctioned this week, with auction results collected for 152 properties. Of these, 55 were successfully auctioned, 95 were passed in, resulting in a clearance rate of 36%. Compared to last week, there were 98 fewer properties auctioned this week (a decrease of approximately 30.2%); the number of successful auctions decreased by 42 (a reduction of approximately 43.3%); the clearance rate remains unchanged at 36%, indicating a slight decline in market activity.
Performance varied across regions, with notable changes in clearance rates in some areas:
- The clearance rate in the Auckland West District increased by 19 percentage points to 50%;
- The Auckland South District’s clearance rate rose by 7 percentage points to 57%;
- The Auckland North Shore's clearance rate decreased by 13 percentage points, dropping to 20%.
Meanwhile, the clearance rate in the Auckland Central District showed little change from last week, and the Auckland East District and Waiheke Island showed relatively minor fluctuations.
In terms of prices, the mainstream transaction price range this week was between $500,000 and $1,000,000, with 14 transactions in this range, making it the highest proportion of transactions.
The highest property sale this week was 72 The Esplanade in Oneroa, sold for $2.6 million.
The median sale price of homes this week rose significantly to $1,477,000, and the average sale price also increased to $1,488,827, reflecting increased demand for high-priced properties and a focus on high-end properties. (Data for reference only)