Melbourne Property Sales Results
Sat 13th & Sun 14th July 2013
A clearance rate of 76 per cent was recorded today compared to 68 per cent last weekend and 55 per cent this weekend last year.
There were 354 auctions reported to the REIV this weekend, with 268 selling and 86 being passed in, 46 of those on a vendor bid.
Next weekend the REIV expects around 360 auctions.
Enzo Raimondo
CEO REIV
S Sold at Auction: 207
SB Sold before Auction: 59
SA Sold after Auction: 2
Passed in: 86
Passed in on vendor's bid: 46
Clearance rate: 76%
TOTAL AUCTIONS
This week: 354
Yesterday: 0
Last Sunday: 7
This weekend last month: 788
This weekend last year: 376
CLEARANCE RATES:
Weekend: 76%
Yesterday: NA
Last Sunday: 86%
This weekend last month: 70%
This weekend last year: 55%
Postponed: 2
Withdrawn: 6
Auctions with no result: 6
PS Private Sales: 536
Total Volume (Auctions): $174.29mil
Total Volume (Private Sales): $252.05mil
Total Auctions Houses: 205
Clearance Rate: 78%
Median Price: $645,000
Total Value: $115,217,500
Total Auctions Flats/Apartments: 143
Clearance Rate: 74%
Median Price: $507,850
Total Value: $56,990,287
Total Auctions Vacant Land: 5
Clearance Rate: 60%
Median Price: $862,000
Total Value: $2,079,000