NZ$1.875M Freemans Bay townhouse leads 80% clearance rate

Ray White White Damerell Group has celebrated an 80 per cent clearance rate under the hammer as three out of four properties sold for Ponsonby and one from one sold for Birkenhead.

Ray White Ponsonby Sales Director Belinda Henson said, “the room was full, there was a great vibe, and it felt like we were very much back to normal.”

Ray White New Zealand Auctioneer Ben East (pictured above), who called the four successful auctions, said competition during all five auctions was strong and now was the time to sell.

“There’s no doubt we’re in a seller’s market with virtually all of our auctions attracting multiple buyers and that’s really driving strong competition for properties,” Mr East said.

“Auctions are achieving some outstanding results and anyone that’s thinking about coming to the market should look at these sales as a real indicator of the strength of the market.”