A snapshot of Melbourne’s Auction results for the week ending 29th October 2023 (from CoreLogic’s preliminary data obtained 3rd November 2023):
- Total Auctions: 1725
- Auction Results: 1723
- Unknown Results: 2
From the 1723 known auction results:
- Sold prior auction: 327
- Sold at auction: 707
- Sold after auction: 55
- Passed in: 520
- Withdrawn: 114
Overall (from known results):
- Cleared auctions: 1089
- Uncleared auctions: 634
- Clearance rate: 63.2%
Compared to last week’s preliminary results:
A big increase in auction numbers this week (week ending 29th October 2023), with total number of auctions surpassing 1700. Despite the boost in auctions, auction performance is quite similar compared to last week’s (week ending 22nd October 2023). The clearance rate for this week is 63.2%.
While full results are not yet available (with 2 unknown result), 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: 03 November 2023