A snapshot of Melbourne’s Auction results for the week ending 20th August 2023 (from CoreLogic’s preliminary data obtained 26th August 2023):
- Total Auctions: 841
- Auction Results: 840
- Unknown Results: 1
From the 840 known auction results:
- Sold prior auction: 141
- Sold at auction: 392
- Sold after auction: 18
- Passed in: 239
- Withdrawn: 50
Overall (from known results):
- Cleared auctions: 551
- Uncleared auctions: 289
- Clearance rate: 65.6%
Compared to last week’s preliminary results:
Total number of auctions this week (week ending 20th August 2023) compared to last week’s (week ending 13th August 2023) has decreased be a small margin. Despite the lower number of auctions, this week’s auction results shows better statistics. The clearance rate for this week currently sits at 65.6% – which is ~5% higher than last week’s.
While full results are not yet available (with 1 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: 26 August 2023