by Wendy Chamberlain | Jul 12, 2020 | Auctions
With the Melbourne market back into Stage Three restrictions due to mounting cased of coronavirus, buyers appear to be getting used to the “new normal” of online selling options. The Melbourne auction market recorded a 88 percent auction clearance...
by Wendy Chamberlain | Jul 6, 2020 | Auctions
The Melbourne auction market recorded a 72 percent auction clearance rate (based on REIV data), up from 66 percent last week. This result is based on 300 auctions reported across Melbourne. 157 homes were sold at auction, 58 before auction with 85 homes passed in (31...
by Wendy Chamberlain | Jun 8, 2020 | Auctions
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...
by Wendy Chamberlain | Jun 1, 2020 | Auctions
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...
by Wendy Chamberlain | May 18, 2020 | Auctions
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...