Christchurch on-site auction hat-trick as confidence fires up

Competition was clear to see as 16 registered buyers battled it out for just three properties as bidders warmly welcomed the return of on-site auctions in Christchurch.

The team at Ray White Ferrymead continued recent nationwide momentum by orchestrating three strong under the hammer sales to the tune of NZ$2,472,000.

The hat-trick highlight came at 181 Major Hornbrook Road in Mount Pleasant as Salespeople Simon Standeven and Paula Standeven sold the five-bedroom property for NZ$1,170,000 (above).

“This result shows the strength of the market – anyone looking to sell their home should look at this result and be confident that now’s the time to list,” Mr Standeven said.

“We had a whopping 100 inspections and that equated to 10 registered and six active bidders on auction day – that means nine cashed-up buyers walked away empty-handed.

“The CV for this one was NZ$960,000 and both the vendors and the buyers are thrilled with the final outcome. The competition for properties right now is unreal.”

That competition was also obvious at 1/41 Arnold Street (above) in Sumner where Salespeople Anna Loader and Bronny Clifford sold the three-bedroom townhouse for NZ$581,000.

“We had 42 people through during the campaign and we had all four of our registered buyers actively competing on auction day,” Ms Loader said.

“There was a really strong crowd and you could feel the energy between the registered buyers. The property sold above expectations as the CV was NZ$510,000.”

The hat-trick was then completed as Salesperson Mark Gardner orchestrated the NZ$721,000 sale of 50 Whitfield Street (below) in Sumner.