A snapshot of Melbourne’s Auction results for the week ending 25th June 2023 (from CoreLogic’s preliminary data obtained 27th June 2023):
- Total Auctions: 730
- Auction Results: 581
- Unknown Results: 149
From the 581 known auction results:
- Sold prior auction: 112
- Sold at auction: 290
- Sold after auction: 5
- Passed in: 142
- Withdrawn: 32
Overall (from known results):
- Cleared auctions: 407
- Uncleared auctions: 174
- Clearance rate: 70.1%
Compared to last week’s results:
Total number of auctions held this week (week ending 25th June 2023) has fallen since last week (week ending 18th June 2023). We expect auction numbers to remain low due to upcoming school holidays and EOFY. From the preliminary data obtained from CoreLogic, this week’s clearance rate sits just above the 70% mark.
Date revised: 27 June 2023