by Wendy Chamberlain | Jul 4, 2021 | Auctions
The week ending 3rd July delivered a clearance rate of 80% from 719 auctions, according to REIV data. At the same time last year, there were 362 auctions reported and a clearance rate of 70%. 437 homes sold at auction and 140 sold before auction, with 141 passed in....
by Wendy Chamberlain | May 17, 2021 | Auctions
For the week ending 15th May there were 978 auctions reported across Victoria, according to REIV data. The auction clearance rate for this period was 82%. Volume was slightly down from the 1281 auctions reported in the previous week. 635 homes were sold at...
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...