traditional sales methods , with prices transacted between , incredibly , $ 2,000 for a central Auckland apartment to more than $ 5.6 million for desirable family libations .
Properties sold via auction moved off the market in an average of 25 days – nearly twice as fast as the 48 day average for private treaty sales . This efficiency highlights the auction process as a standout option for those looking to secure competitive outcomes in the current real estate climate .
BIDDING BY MONTH This chart illustrates the number of registered bidders and active bidders per auction for October 2024 .
5.0
# / 28 days
4.0 3.0 2.0
1.0 |
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2024 |
Feb |
Mar |
Apr |
May |
Jun |
Jul |
Aug |
Sep |
Oct |
Nov |
Act . Bidders |
Reg . Bidders |
Source : Ray White Online Analytics
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