Auction Wrap: The Details You Won’t Get Anywhere but City Sales
Another auction. Another clean sweep. That’s three 100% success rate auctions in a row.
Spring is for selling, and if the last few weeks have shown us anything, it’s this: auctions are back.
21 Hargreaves Street, Ponsonby
The room was packed. 10 active bidders fought it out over this leasehold apartment.
A smartly declared reserve of $20,000 sparked huge interest, and the strategy paid off for our vendor — the hammer finally fell at $115,000.
6i/13 Mount Street
Another strong turnout with 5 bidders registered. While only 2 went the distance, expert auctioneer Ted Ingram worked the room, keeping negotiations alive until the deal was sealed under the hammer at $165,000.
What Does This Mean for You?
The message is clear: buyers are back.
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They’re seeing value.
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They’re seeing opportunity.
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And with mortgage rates easing back into manageable territory, competition is returning.
If you’ve been waiting for the right moment to sell, this is it. The market is moving, buyers are turning up, and results are following.
👉 Talk to City Sales today about taking your property to auction.