Melbourne’s Auction results for the week ending 23rd April 2023 (preliminary data from CoreLogic):
- Total Auctions: 618
- Auction Results (via CoreLogic): 510
- Unknown Results: 108
From the 510 known auction results:
- Sold prior auction: 73
- Sold at auction: 286
- Sold after auction: 6
- Passed in: 100
- Withdrawn: 45
Overall (from known results):
- Cleared auctions: 365
- Uncleared auctions: 145
- Clearance rate: 71.6%
Compared to last week’s results:
This week’s (week ending 23rd April 2023) auction results did not improve from last week (week ending 16th April 2023). Although the clearance rate did not changed too much – still around the 71%-72% mark – there is difference of ~100 for total number of auctions.
Date revised: 26 April 2023