Market Results Saturday 29th & Sunday 30th September 2012

Market Results for Saturday 29th & Sunday 30th September 2012:

There were 41 auctions reported to the REIV today, with 30 selling  and 11 being passed in, 7 of those on a vendor bid.

There will be no official clearance rate this weekend as there are less than 100 auctions due to the AFL Grand Final.

RESULTS

  •  S Sold at Auction: 24
  • SB Sold before Auction: 6
  • SA Sold after Auction: 0
  • Passed in: 11
  • Passed in on vendor's bid: 7

TOTAL AUCTIONS

  • This week: 41
  • Postponed: 1
  • Withdrawn: 0
  • Auctions with no result: 3
  • PS Private Sales: 523

Total Volume (Auctions): $15.96mil

Total Volume (Private Sales): $247.85mil

Total Auctions Houses: 29 Clearance Rate: 79% Median Price: $488,000 Total Value: $12,387,000

Total Auctions Flats/Apartments: 12 Clearance Rate: 58% Median Price: $505,000 Total Value: $3,576,500