For the week ending the 23rd April, a total of 437 houses were scheduled to go under the hammer. There were 247 homes sold at auction this week, with 116 homes passed in and 74 homes that sold prior to auction. According to data from the Real Estate Institute of Victoria, there was a clearance rate of 73%. According to realestate.com.au, clearance rates continue to bounce around the 70-80 …
Melbourne Weekend Auction Results
For the week ending the 16th April, a total of 205 houses were scheduled to go under the hammer. The lower number of auctions was anticipated due to the Easter long weekend. A total of 86 were sold at auction, 17 were passed in and one was sold prior to auction. According to data from realestate.com.au, there was a clearance rate of 81%. A recent article by CoreLogic, discusses the …
Melbourne Weekend Auction Results
There were 1083 auction results reported this week, ending the 9th April. A total of 586 were sold at auction, 271 were passed in and 225 sold prior to auction. Data from the Real Estate Institute of Victoria report a clearance rate of 75%. According to CoreLogic, this week was set to be Melbourne’s busiest week of the year to date for auctions. It is thought that the explosion of …
Melbourne Weekend Auction Results
There were 965 auction results reported this week, ending the 2nd April. A total of 564 were sold at auction, 230 were passed in and 170 sold prior to auction. Data from the Real Estate Institute of Victoria report a clearance rate of 76%. According to Domain , the shift to a buyer's market continues with five times more auctions scheduled this weekend compared to this time last year. …
Melbourne Weekend Auction Results
There were 710 auction results reported this week, ending the 26th March. A total of 598 were sold at auction, 102 were passed in and 5 sold prior to auction. Data from the Real Estate Institute of Victoria report a clearance rate of 80%. According to a recent Domain article, Melissa Heagney writes about how the market is a very different landscape to what it was this time last year. The …
Melbourne Weekend Auction Results
There were 933 auction results reported this week, ending the 19th March. That is almost double compared to last Saturday which was largely driven by the low volumes as a result of the long weekend in Victoria. A total of 508 were sold at auction, 226 were passed in and 199 sold prior to auction. Data from the Real Estate Institute of Victoria report a clearance rate of 76%. Domain …
Melbourne Weekend Auction Results
There were 407 auction results reported this week, ending the 12th March. A total of 241 were sold at auction, 87 were passed in and 79 sold prior to auction. Data from the Real Estate Institute of Victoria report a clearance rate of 79%. Auction activity is approximately half what it was compared to this time last year, although according to Corelogic, auction volumes were expected to dip …
Melbourne Weekend Auction Results
There were 888 auction results reported this week, ending the 5th March, approximately double the number compared to this time last year. A total of 683 were sold at auction and 205 were passed in. Data from the Real Estate Institute of Victoria report a clearance rate of 77%. According to Domain's auction report for February 2022, Melbourne had the highest number of auction listings for …
Melbourne Weekend Auction Results
There were 1021 auction results reported this week, ending the 26th February. A total of 596 were sold at auction, 247 were passed in and 177 sold prior to auction. Data from the Real Estate Institute of Victoria report a clearance rate of 76%. According to Domain, auction volumes for February continue to hold well and are expected to continue to increase heading into Autumn. The rate of …
Melbourne Weekend Auction Results
There were 926 auction results available this week, ending the 19th February. A total of 550 were sold at auction, 191 were passed in, 185 sold prior to auction. There were 29 properties withdrawn. No properties were sold after auction this week. That's a clearance rate of 79% (according to data from the Real Estate Institute of Victoria). Have you ever wondered what these terms mean? …
