Final results from REIV for last week:Saturday 27th & 28th...

Final results from REIV for last week:


Saturday 27th & 28th August 2011


Total Auctions

This week: 598
Last week: 490
This time last year: 757

S Sold at Auction: 269
SB Sold before Auction: 42
SA Sold after Auction: 2

Passed in: 285
Passed in on vendor's bid: 195

Clearance rate: 52%

Postponed: 4
Withdrawn: 3
Auctions with no result: 8

PS Private Sales: 500

Total Volume (Auctions): $238.24mil
Total Volume (Private Sales): $236.38mil

Total Auctions Houses: 390
Clearance Rate: 54%
Median Price: $697,500
Total Value: $179,200,800

Total Auctions Flats/Apartments: 197
Clearance Rate: 51%
Median Price: $507,750
Total Value: $57,930,900

Total Auctions Vacant Land: 10
Clearance Rate: 20%
Median Price: $555,000
Total Value: $1,110,000