A snapshot of Melbourne’s Auction results for the week ending 15th October 2023 (from CoreLogic’s preliminary data obtained 20th October 2023):
- Total Auctions: 1029
- Auction Results: 1026
- Unknown Results: 3
From the 1026 known auction results:
- Sold prior auction: 163
- Sold at auction: 472
- Sold after auction: 25
- Passed in: 301
- Withdrawn: 65
Overall (from known results):
- Cleared auctions: 660
- Uncleared auctions: 366
- Clearance rate: 64.3%
Compared to last week’s preliminary results:
Total number of auctions remains over 1000 this week (week ending 15th October 2023). In terms of performance, there is a minor difference in the clearance rate compared to last week’s (week ending 1st October 2023), with the clearance rate for this week currently at 64.3%.
While full results are not yet available (with 3 unknown results), the preliminary data snapshots gives a good indication of the overall auction performance for the week. For the full auction data visit Corelogic.
Date revised: 20 October 2023