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During the week ending 8th May there were 1019 auctions reported across Victoria, according to REIV data - a slight decrease from the 1204 reported during the previous week. The auction clearance rate for last week reached 81%. 632 homes were sold at auction, while 192 sold before auction, with 195 passed in. 30 properties were withdrawn from sale. Data for the same period in 2020 …
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The week ending 1st May saw an increase in the volume of auctions listed compared with the previous week. According to REIV data, 970 auctions were reported across Victoria and a clearance rate of 81% was achieved. 609 homes were sold at auction while 179 sold before auction, with 182 passed in. 32 properties were withdrawn from sale. Data for the same period in 2020 is limited due …
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The week ending 17th April delivered strong results in Victoria's auction market, with a clearance rate of 86% according to REIV data. 907 auctions were reported during the period. At the same time last year, a mere 149 auctions were reported while the state was dealing with the first wave of the pandemic, with a clearance rate of 75% for that period. 613 homes were sold at auction …
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The week ending 11th April saw the number of auctions reported across Victoria rise to 778 (according to REIV data), a quick rebound from the 173 listed in the week leading up to Easter. The clearance rate for the week was 80%. 481 homes were sold at auction and 140 sold before auction, with 156 passed in. 35 properties were withdrawn from sale. The REIV's Residential Market …
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Due to the Easter long weekend, the week ending 3rd April closed with an expected drop in the number of auctions across Victoria. According to Realestate.com.au, 201 auctions were reported throughout the state last week. The clearance rate was 87%, which remains on par with the very high demand this year for real estate throughout Australia. 108 homes were sold at auction, none were …
Continue Reading about Melbourne Weekend Auction Results | 3rd April 2021 →
The week ending 27th March saw a massive 1438 auctions reported across Victoria (based on REIV data) as the market ramped up for the weekend final before Easter. The clearance rate for the week was 85%. At the same time last year, it was 90%. 956 homes were sold at auction and 270 sold before auction, with 212 passed in. 16 properties were withdrawn from sale. Reserves continue …
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The week ending 20th March delivered strong results in the auction market, with volume and the clearance rate both performing well. According to REIV data, the clearance rate for the week was 83%. At the same time last year it was 67%. 943 auctions were reported across Melbourne. 631 homes were sold at auction and 154 sold before auction, with 158 passed in. 20 properties were …
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The week ending 13th March delivered a relatively high volume of properties at auction with a clearance rate of 82%, according to REIV data. Ath same time last year, the clearance rate was 70%. Across Melbourne, 808 auctions were reported. 493 homes were sold at auction, while another 165 were sold before auction, with 145 passed in. 9 properties were withdrawn from sale. An …
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The week ending 6th March saw Melbourne's unrelenting buyer demand continue as the city enjoyed a weekend of stellar autumn weather. The REIV recorded a clearance rate of 84%. This result is based on 360 auctions reported across Melbourne. 243 homes were sold at auction and 59 were sold before auction, with 56 passed in. 10 properties were withdrawn from sale. The high demand …
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The week ending 27th February again saw homebuyers out in force, with the REIV recording an 84% clearance. This time last year the clearance rate was 78%. This result is based on 882 auctions reported across Melbourne. 558 homes were sold at auction and 185 were sold before auction, with 139 passed in. 15 properties were withdrawn from sale. The level of buyer activity across …
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