Huainga Tūtohu New Zealand
Pāwhiritia ki te tirohia ngā huainga o tēnei wiki me ngā huainga o ngā wā i pātea
New Zealand i tēnei wiki mai i 9 August ki 15 August he 176 ngā whare e whakarewahia ana
41%
Ōrau Hokona
176
Te maha o ngā hokohoko i tae atu
50
Kua Hokona
71
Kāore i hokona
Kohinga Hua Hokohoko121
Utu hokonga wāenga$1,120,000
Utu Hokonga Toharite$1,084,933
This week, the New Zealand real estate auction market showed some signs of fatigue, with both the number of listings and clearance rates declining.
A total of 176 properties were put up for auction this week, and results for 121 of these properties were collected. Of those, 50 were successfully auctioned, 71 were passed in, resulting in a clearance rate of 41%. Compared to last week, the number of properties up for auction decreased by 18 (about 9.3%); the number of successful auctions decreased by 20 (a drop of about 28.6%); and the clearance rate fell by 3 percentage points, indicating a slight decrease in market activity.
Performance varied across regions, with Auckland West seeing a significant increase in clearance rates, while Auckland North Shore and Central experienced declines:
The clearance rate in Auckland West increased by 23 percentage points to reach 56%;
Auckland North Shore's clearance rate dropped by 4 percentage points to 54%;
Auckland Central's clearance rate decreased by 8 percentage points to 36%.
Additionally, Auckland East and South also experienced varying degrees of decline in clearance rates, indicating a cooling in market activity during this period.
In terms of pricing, the mainstream transaction range this week was between $1 million and $1.5 million, with 11 properties sold in this bracket, the highest proportion.
The highest sale price this week was for a property at 6 Epsom Avenue, Epsom, which sold for $2.603 million.
The median sale price this week fell to $1,120,000, down from last week, and the average sale price also decreased to $1,084,933, reflecting a reduced proportion of high-priced property sales, with market demand shifting towards mid to lower-end properties. (Data is for reference only)
A total of 176 properties were put up for auction this week, and results for 121 of these properties were collected. Of those, 50 were successfully auctioned, 71 were passed in, resulting in a clearance rate of 41%. Compared to last week, the number of properties up for auction decreased by 18 (about 9.3%); the number of successful auctions decreased by 20 (a drop of about 28.6%); and the clearance rate fell by 3 percentage points, indicating a slight decrease in market activity.
Performance varied across regions, with Auckland West seeing a significant increase in clearance rates, while Auckland North Shore and Central experienced declines:
The clearance rate in Auckland West increased by 23 percentage points to reach 56%;
Auckland North Shore's clearance rate dropped by 4 percentage points to 54%;
Auckland Central's clearance rate decreased by 8 percentage points to 36%.
Additionally, Auckland East and South also experienced varying degrees of decline in clearance rates, indicating a cooling in market activity during this period.
In terms of pricing, the mainstream transaction range this week was between $1 million and $1.5 million, with 11 properties sold in this bracket, the highest proportion.
The highest sale price this week was for a property at 6 Epsom Avenue, Epsom, which sold for $2.603 million.
The median sale price this week fell to $1,120,000, down from last week, and the average sale price also decreased to $1,084,933, reflecting a reduced proportion of high-priced property sales, with market demand shifting towards mid to lower-end properties. (Data is for reference only)