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Melbourne's auction market achieved a 56 percent clearance rate over the weekend, lower than last weekend's 65 percent. Despite this with the low volume of homes for sale, the market is considered strong. The total auctions was 143 while the confirmed results was 92. The number of properties sold was 5826 with 34 being passed in. Total sales amounted to more than $34,0,000 while the median …
Continue Reading about Melbourne Auction Results | 6th June 2020 →
Melbourne's auction market recorded a 65 percent clearance rate over the weekend. There were more listings compared to the previous weeks. The clearance rate was also the highest since February despite the lower volumes. The total auctions was 175 while the confirmed results was 110. The number of properties sold was 81 with 29 being passed in. Total sales amounted to more than $54,387,000 …
Continue Reading about Melbourne Auction Results | 30th May 2020 →
Melbourne recorded a 53 percent clearance rate over the weekend. The clearance rate was down from last weekend's 56 percent. The total auctions was 82 while the confirmed results was 39. The number of properties sold was 36 with 19 being passed in. Total sales amounted to more than $22,035,000 while the median price in the area was pegged at $775,000. Public auctions resumed on Saturday …
Continue Reading about Melbourne Auction Results | 16th May 2020 →
Melbourne once again showed a strong auction result on Saturday recording 78 percent. The number of listings, however, was low due to the Grand Final public holiday that saw the Tigers competing against the Giants. The total scheduled auctions over the weekend was 49 while the confirmed results was 36. The number of properties sold was 31 with 5 being passed in. Total sales amounted to more …
Continue Reading about Melbourne Auction Results | 28th September 2019 →
Melbourne recorded a strong clearance rate of 76 percent on Saturday, up from the previous week's 74 percent. The auction market continues to do well despite the low volume of listings. The total scheduled auctions during the weekend was 760, still up from last weekend's 704 while the confirmed results was 616. The number of properties sold was 511 490 with 126 being passed in. Total sales …
Continue Reading about Melbourne Auction Results | 14th September 2019 →
Melbourne recorded a 74 percent clearance rate during Saturday's auctions. It slipped from the previous 81 percent two weekends ago, considered the highest since April 2017. More listings were noted with the total scheduled auctions at 704 and confirmed results at 531. The number of properties sold also went up to 511 with 120 being passed in. Total sales amounted to more than $338,184,000 …
Continue Reading about Melbourne Auction Results | 7th September 2019 →
Melbourne recorded strong auction results on Saturday with a clearance rate of 81 percent, up from last weekend's 70.2 percent. This rate was much higher compared to the same period last year with only 52 percent and the highest since April 2017. The total scheduled auctions was 596 while the confirmed results were 456. The number of properties sold was 380 with 76 being passed in. Total sales …
Continue Reading about Melbourne Auction Results | 24th August 2019 →
Melbourne achieved an auction clearance rate of 70 percent on Saturday, still considered a strong result. A strong buyer confidence was noted as the spring selling season starts amid the cold weather. It was the fourth consecutive week that Melbourne recorded a clearance rate of 70 percent or above. More house listings were recorded over the weekend. There were a total of 474 scheduled …
Continue Reading about Melbourne Auction Results | 10th August 2019 →
Melbourne achieved strong results on Saturday with an auction clearance rate of 74 percent. So far, this is the strongest clearance rate since March 2018 and one of the main factors attributed to this is the renewed buyer confidence in the Melbourne housing market. There were a total of 361 scheduled auctions and 256 confirmed results. The number of properties sold was 194 with 62 being passed …
Continue Reading about Melbourne Auction Results | 20th July 2019 →
Melbourne's auction clearance rate improved further to 73 percent on Saturday despite the cold weather conditions. This rate above 70 percent was achieved for the first time since September 2017 and the strongest clearance rate since March 2018. Real estate agents confirmed this signals a renewed buyer confidence in the Melbourne housing market. There were a total of 465 scheduled auctions and …
Continue Reading about Melbourne Auction Results | 29th June 2019 →
