56% interim clearance rate - melbourne

Looks like we are heading to another 53% this week with large volumes.

No excuses left, it is what it is.

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SALES RESULTS

S Sold at Auction: 240
SB Sold before Auction: 57
SA Sold after Auction: 0

Passed in: 229
Passed in on vendor's bid: 142

Clearance rate: 56%

TOTAL AUCTIONS

This week: 526
Postponed: 6
Withdrawn: 3
Auctions with no result: 72

"A clearance rate of 56 per cent was recorded this weekend compared to 53 per cent last weekend and 53 per cent this weekend last year.

There were 229 auctions reported to the REIV today with 297 selling and 229 being passed in, 142 of those on a vendors bid."