A snapshot of Melbourne’s Auction results for the week ending 9th July 2023 (from CoreLogic’s preliminary data obtained 11th July 2023):
- Total Auctions: 564
- Auction Results: 448
- Unknown Results: 116
From the 448 known auction results:
- Sold prior auction: 97
- Sold at auction: 223
- Sold after auction: 6
- Passed in: 91
- Withdrawn: 31
Overall (from known results):
- Cleared auctions: 326
- Uncleared auctions: 122
- Clearance rate: 72.8%
Compared to last week’s preliminary results:
Total number of auctions held this week (week ending 9th July 2023) sees a slight increase as compared to last week (week ending 2nd July 2023). Auction results were also fairing better as compared to last week. From the preliminary data obtained from CoreLogic (as of 11th July 2023), this week’s clearance rate sits at 72.8%, indicating improved performance.
Date revised: 11 July 2023