Auction Results | Melbourne Property Sales Results 20/05/13

Melbourne Property Sales Results

 Saturday 18th & Sunday 19th May 2013

 After a small dip in the clearance rate over the school holidays the market has returned to this years underlying trend. The recent interest rate cut should help to further boost buyer sentiment over winter.

There were 617 auctions reported to the REIV this weekend, with 453 selling and 164 being passed in, 96 of those on a vendor bid.

Next weekend the REIV expects around 750 auctions.

Enzo Raimondo CEO REIV

S Sold at Auction: 387

SB Sold before Auction: 66

SA Sold after Auction: 0

Passed in: 164

Passed in on vendor's bid: 96

Clearance rate: 73%


This week: 617

Yesterday: 6

Last Sunday: 8

This weekend last month: 618

This weekend last year: 640


Weekend: 73%

Yesterday: 83%

Last Sunday: 62%

This weekend last month: 65%

This weekend last year: 60%