The week ending 18th December delivered an auction clearance rate of 76% from a total of 929 auctions reported for the period (based on REIV data).
There were 620 homes sold at auction last week and another 264 sold prior to auction, with 277 passed in. There were 67 properties that were withdrawn from sale and 38 auctions were postponed.
As Melissa Heagney recently reported, the market is still strong price-wise although buyers are becoming thinner on the ground as more homes were listed. Christmas is also approaching and people are distracted with end of year festivities.
If buying or selling your home is on your to-do list for 2022, get in touch with us and let us help you navigate this in the new year.
Looking to buy in Melbourne and sick of missing out at auction? Talk to me about how I can help you buy your new home faster, for less.
We do offer our negotiate service for those buyers in the market looking to pounce on opportunities that arise. Get in touch if you’d like to know more.
Ask about our Home Buyer Search and Acquisition Service, where we do all of the legwork on your behalf to MAKE IT EASY to secure your new home.
Give me a call on 03 9686 2288 to discuss how I can help. I offer a free consultation, so why not call today?
