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The auction market in Melbourne recorded a 72 percent clearance rate on Saturday, up from last weekend's 66 percent. The number of scheduled auctions, however, fell to 312 from the 1,306 figure last week. The low auction volume was expected owing to the Labour Day long weekend. The number of reported auctions was 194 while the total number of properties sold was 144. Total sales recorded was …
Continue Reading about Melbourne Auction Results | 10th March 2018 →
Melbourne recorded a lower auction clearance rate on Saturday with 66 percent from last weekend's 69 percent. More than a thousand homes were still auctioned on the first weekend of the autumn selling season. The total number of scheduled auctions was at 1,306 compared to last weekend's 1,380. The number of reported auctions was 989. Of those auctioned, 663 were sold and 20 were withdrawn. …
Continue Reading about Melbourne Auction Results | 3rd March 2018 →
The Melbourne auction market maintained its performance yesterday and recorded a 69 percent auction clearance rate, similar to last weekend's figure. Saturday saw the first big auction weekend in Melbourne this year with a mix of townhouses and larger homes up for sale. First homebuyers still accounted for most of those who took part in auctions. More homes went under the hammer as evidenced …
Continue Reading about Melbourne Auction Results | 24th February 2018 →
More homes in Melbourne went under the hammer yesterday recording a 69 percent auction clearance rate, down from last weekend's 72 percent. The total number of scheduled auctions this weekend was 770, higher than the 541 in the previous weekend while the number of reported auctions was 576. Of the listed homes that were auctioned, 412 were sold and 21 were withdrawn. Total sales recorded was more …
Continue Reading about Melbourne Auction Results | 17th February 2018 →
Melbourne's auction market further improved today achieving a 72 percent clearance rate compared to last weekend's 67 percent. This is higher than the national average of 69.6 percent and Sydney's 69.7 percent. There were more scheduled auctions this weekend with 541 and 400 reported auctions. Of the total number of listed homes that went under the hammer, 300 were sold while 18 were …
Continue Reading about Melbourne Auction Results | 10th February 2018 →
Melbourne recorded a 69 percent auction clearance rate on Saturday, up from last weekend’s 66 percent. The auction volume remained high at 1,320 while the number of reported auctions was 887. The number of properties sold was 629 with total sales amounting to more than $474,108,000. The median price recorded was $760,000. Real estate experts are seeing a slide in Melbourne’s auction market. …
Continue Reading about Melbourne Auction Results | 16th December 2017 →
Melbourne achieved a lower auction clearance rate on Saturday at 66 percent from last weekend’s 68 percent. The auction volume was at a high of 1,511 while the number of reported auctions was 1,057. The number of properties sold was 721 with total sales amounting to more than $564,445,000. The median price recorded was $775,000. First homebuyers continue to dominate the Melbourne housing …
Continue Reading about Melbourne Auction Results | 9th December 2017 →
Melbourne’s auction clearance rate improved to 68 percent on Saturday from last weekend’s 66 percent. The number of listed auctions was down to 1,366 while the number of reported auctions was 995. The number of properties sold was 685 from last weekend’s 718 with total sales amounting to more than $520,023,000. The median price was $819,000. Despite the rain, Melbourne’s southern and …
Continue Reading about Melbourne Auction Results | 2nd December 2017 →
Melbourne’s auction clearance rate slipped to 66 percent on Saturday, way below last weekend’s 72 percent. The number of listed auctions further went up to 1,446 from 1,407 last weekend while the number of reported auctions followed the same trend with 1,063. A total of 718 properties were sold with total sales amounting to more than $554,367,000. The median price was $830,000. Home values …
Continue Reading about Melbourne Auction Results | 25th November 2017 →
Melbourne recorded a 72 percent auction clearance rate on Saturday, slightly lower than last weekend’s 73 percent. The number of listed auctions further went up to 1,407 or 406 more from last weekend while the number of reported auctions was also up at 961. A total of 717 properties were sold with total sales amounting to more than $603,475,000. The median price went up to $850,000. Baby …
Continue Reading about Melbourne Auction Results | 18th November 2017 →
