NZ auction clearance rates
How many properties sell under the hammer, what they go for, and how that compares to the council valuation. Every region and city we cover.
September 2026
- Sold at auction
- 37%
- 402 of 1080
- Passed in
- 63%
- 678 of 1080
- Average sale price
- $1,203,535
- Sold auctions only
- Sale price vs RV
- 98%
- Of council valuation
From 1080 New Zealand auctions we tracked. We track the agencies we collect results from, so this is not every auction held.
Regions
| Area | Sold | Auctions | Avg sale price | vs RV |
|---|---|---|---|---|
| Auckland | 40% | 692 | $1.29m | 95% |
| Bay of Plenty | 28% | 43 | $1.48m | 101% |
| Canterbury | 31% | 185 | $898k | 107% |
| Gisborne | 23% | 26 | $681k | 110% |
| Hawke's BayLow volume | 100% | 1 | $905k | 103% |
| Manawatu-WhanganuiLow volume | 40% | 5 | $355k | 85% |
| Northland | 19% | 37 | $944k | 103% |
| Otago | 39% | 23 | $1.22m | 105% |
| SouthlandLow volume | 100% | 1 | $515k | 126% |
| Waikato | 28% | 25 | $1.09m | 97% |
| Wellington | 53% | 38 | $1.07m | 102% |
Cities and districts
| Area | Sold | Auctions | Avg sale price | vs RV |
|---|---|---|---|---|
| Central OtagoLow volume | 0% | 2 | ||
| Christchurch | 31% | 153 | $908k | 110% |
| DunedinLow volume | 45% | 11 | $992k | 104% |
| HamiltonLow volume | 40% | 5 | $775k | 98% |
| HastingsLow volume | 100% | 1 | $905k | 103% |
| HorowhenuaLow volume | 25% | 4 | $510k | 117% |
| InvercargillLow volume | 100% | 1 | $515k | 126% |
| KaiparaLow volume | 33% | 3 | $2.4m | 120% |
| Lower HuttLow volume | 57% | 7 | $777k | 94% |
| Porirua | 50% | 20 | $1.41m | 100% |
| Queenstown-LakesLow volume | 40% | 10 | $1.5m | 107% |
| SelwynLow volume | 35% | 17 | $781k | 89% |
| Tauranga | 24% | 34 | $1.23m | 104% |
| Upper HuttLow volume | 100% | 2 | $765k | 92% |
| WaimakaririLow volume | 23% | 13 | $1.09m | 99% |
| Western Bay of PlentyLow volume | 44% | 9 | $1.97m | 93% |
| Whangarei | 18% | 34 | $701k | 100% |
Every month so far
- Sold at auction
- 38%
- 674 of 1753
- Passed in
- 62%
- 1079 of 1753
- Average sale price
- $1,222,258
- Sold auctions only
- Sale price vs RV
- 99%
- Of council valuation
From 1753 New Zealand auctions we tracked. We track the agencies we collect results from, so this is not every auction held.
How to read these
The clearance rate is the share of auctions where the property sold under the hammer. The rest passed in, which usually means the reserve was not met and the property carries on selling by negotiation.
Sale price against RV compares what a property sold for to its council rateable value. Above 100% means properties are selling for more than their valuation. RVs are set every three years, so this drifts with the valuation cycle as much as the market.
Areas with under 20 tracked auctions in the month are tagged low volume. The figures are real, but one sale moves them a long way.
These figures start in August 2026. We hold results for earlier auctions, but only for the properties players had bid on, which is not a fair sample of the market. From August we keep the result of every auction we track.
Figures updated 2026-10-14.