A snapshot of Melbourne’s Auction results for the week ending 16th July 2023 (from CoreLogic’s preliminary data obtained 18th July 2023):
- Total Auctions: 636
- Auction Results: 502
- Unknown Results: 134
From the 502 known auction results:
- Sold prior auction: 110
- Sold at auction: 255
- Sold after auction: 8
- Passed in: 97
- Withdrawn: 32
Overall (from known results):
- Cleared auctions: 373
- Uncleared auctions: 129
- Clearance rate: 74.3%
Compared to last week’s preliminary results:
Auction performance this week (week ending 16th July 2023) sees better results as compared to last week (week ending 9th July 2023). Total auctions increased by approximately 70. From the preliminary data obtained from CoreLogic (as of 18th July 2023), this week’s clearance rate sits at 74.3%, indicating improved performance.
Date revised: 18 July 2023