Market Update – Saturday 22nd & Sunday 23rd September 2012

Sold at Auction: 371

Sold before Auction: 59

Sold after Auction: 3

Passed in: 255

Passed in on vendor's bid: 161

Clearance rate: 63%

 

TOTAL AUCTIONS

This week: 688 Postponed: 5 Withdrawn: 6 Auctions with no result: 11

PS Private Sales: 535

Total Volume (Auctions): $304.67mil Total Volume (Private Sales): $246.23mil

Total Auctions Houses: 443 Clearance Rate: 62% Median Price: $697,000 Total Value: $218,307,999

Total Auctions Flats/Apartments: 226 Clearance Rate: 66% Median Price: $473,000 Total Value: $74,639,960

Total Auctions Vacant Land: 19 Clearance Rate: 53% Median Price: $523,500 Total Value: $11,723,500

 

Source: REIV