Melbourne’s Auction results for the week ending 9th April 2023 (preliminary data from CoreLogic):
- Total Auctions: 110
- Auction Results (via CoreLogic): 66
- Unknown Results: 44
From the 66 known auction results:
- Sold prior auction: 17
- Sold at auction: 20
- Sold after auction: 1
- Passed in: 19
- Withdrawn: 9
Overall (from known results):
- Cleared auctions: 38
- Uncleared auctions: 28
- Clearance rate: 57.6%
Compared to last week’s results:
This week’s (week ending 9th April 2023) total number of auctions dropped dramatically compared to last week’s (week ending 2nd April 2023). This is expected due to the Easter Break long weekend. Next week, we are expecting a big jump in total number of auctions.
Date revised: 11 April 2023