Across Ray White New Zealand, 234 auctions were scheduled last week – a 13.6% increase compared to the same time last year. While the overall national clearance rate was around 47%, buyer engagement remained steady, with an average of more than two active bidders per auction. According to Ray White New Zealand’s Head Auctioneer, Sam Steele, the market is showing strong signs of activity heading into summer. “The warmer weather has brought renewed energy to the market,” he said. “We’re seeing more sellers choosing the auction process because it delivers results faster – on average, properties sell in about 30 days under the hammer compared to 46 days by private treaty.” With Christmas fast approaching, many homeowners are taking advantage of this busy selling period, when motivated buyers are eager to secure their next home before the year ends.
Team Vish’s East Auckland Success: 20 Quedley Court, Eastern Beach
One of the standout results of the week came right here in East Auckland, with our own Team Vish – Vish Arora and Gina Gao – achieving a phenomenal auction result at 20 Quedley Court, Eastern Beach. Under the skilled direction of auctioneer Ben East, the stunning family home attracted five registered bidders and ultimately sold under the hammer for $3.02 million. Our wonderful vendors, Jason and Rachel, had called the property home for 19 years before deciding it was time for a change. “We’re relocating closer to the city as our son is going to Auckland University,” Jason shared. “We loved the space – it’s such a peaceful, family-friendly street and a great place to bring up three kids.” Jason said the auction process, while nerve-wracking at first, turned out to be the perfect choice for their situation. “Rach was a bit nervous, but I felt confident that it was the best option for our home after Vish explained it to us. We’re really happy with the result – everything was so professional.”
Why More East Auckland Homeowners Are Choosing to Sell by Auction
As the market gains momentum heading into the festive season, more East Auckland homeowners are recognising the benefits of selling via auction. Auctions continue to be the fastest path to a successful sale, often resulting in stronger buyer competition and premium prices. For homeowners in areas like Howick, Northpark, Bucklands Beach, Mellons Bay, Half Moon Bay and Eastern Beach, now is a great time to consider listing before the Christmas rush. The combination of motivated buyers, stabilising listing numbers, and the transparency of auction sales is creating an ideal environment for those thinking about selling.
Thinking of Selling in East Auckland?
If you’re a homeowner in East Auckland considering selling your property, Team Vish would love to guide you through the process. Our local expertise, proven marketing strategies, and track record of auction success mean you’ll be in the best hands to achieve a premium result. Just contact our team today to get started!