Ray White Now | Raising the Stakes Edition 93 | Page 17

Strong results. Real competition.

Across the Ray White network, auctions are delivering exceptional results and demonstrating buyer confidence.

461

Auctions conducted in June

44.4 %

Clearance rate
11.4 % More than June 2025
Strong outcome in a more selective market
Source: Ray White New Zealand
Successful auction sales ranged from $ 100,000 entrylevel opportunities to $ 4.40 million premium homes, demonstrating that competitive bidding is no longer confined to a single segment of the market.
First-home buyers, families, lifestyle purchasers and prestige buyers are all participating, reflecting confidence that extends well beyond isolated pockets of demand.
That diversity is one of the healthiest indicators any market can produce.
Auctions also continue to deliver one of their greatest strategic advantages: certainty.
Across our network, properties sold via auction are averaging 37 days on market, compared with approximately 54 days for other methods of sale.
For homeowners coordinating the purchase of another property, relocating for work or planning around the school calendar, reducing uncertainty by more than two weeks can be just as valuable as achieving a premium price.
In a market where conditions continue to evolve, transparency has become increasingly valuable. Buyers know exactly who they are competing against, vendors receive immediate market feedback, and successful campaigns conclude with an unconditional sale on the day.
As the second half of the year unfolds, auctions continue to provide one of the clearest measures of market sentiment. They capture not what buyers say they intend to do, but what they are prepared to do when opportunity presents itself.
And increasingly, they are choosing to act.
RAY WHITE NOW NEW ZEALAND | 17