Nationally, only 14% of properties that go to auction, sell on the day. Quite a staggering figure really isn't it? And despite that, a number of agencies continue to put all of their listings to market via the auction selling process.
Despite the ongoing media beat up about the property market, properties are selling on the Matakana Coast and in Omaha and in some cases quite quickly. And the good news for vendors is that prices are remaining high and stable.