Posts Tagged ‘Weekly Report’

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Market Overview

There were 539 auctions reported this weekend with a total of 355 selling and 174 being passed in, 95 of those on a vendors bid.  The clearance rate from today’s auctions is 67 per cent.  This weekend last year saw 292 auctions reported and a clearance rate of 82 per cent.  Next weekend the REIV expects 550 auctions.

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Saturday June 26th 2010

This week: 773
Last Weekend: 952
This time last year: 426
Clearance rate: 65%
S Sold at Auction: 405
SB Sold before Auction: 96
SA Sold after Auction: 1
Passed in: 271
Passed in on vendor’s bid: 171
Postponed: 2
Withdrawn: 5
Auctions with no result: 87
PS Private Sales: 579
Total Volume (Auctions): $361.79mil
Total Volume (Private Sales): $279.56mil
Total Auctions Houses: 510
Clearance Rate: 63%
Median Price: $712,500
Total Value: $258,623,588
Total Auctions Flats/Apartments: 252
Clearance Rate: 68%
Median Price: $510,000
Total Value: $97,360,130
Total Auctions Vacant Land: 11
Clearance Rate: 73%
Median Price: $571,250
Total Value: $5,811,000

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Saturday June 19th 2010

This week: 885
Last weekend: 323
This weekend last year: 520
S Sold at Auction: 493
SB Sold before Auction: 98
SA Sold after Auction: 1
Passed in: 293
Passed in on vendor’s bid: 193
Clearance rate: 67%
Postponed: 2
Withdrawn: 4
Auctions with no result: 100
PS Private Sales: 447