Melbourne Auction Results – 6th July Of May 2019

A Word From The Wise – 6th Of July, 2019

A clearance rate of 72 percent was recorded for house sales this week compared to 73 percent this week & 62 percent this time last year. There were 290 auctions reported to the REIV, with 176 selling and 81 being passed in, 33 of those on a vendor bid. The REIV collected 95% of auction results last week with a total of Volume of $252M including 12 withdrawn and 12 postponed.

 

 

 

Auction Overview

290 Auctions held.

 176 Sold at auction. 

33 Sold before auction

0 Sold after Auction

81 Passed In (33 on vendor bid)

74% Clarence Rate (Houses)

Private Sales Volume: $74M

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2019 Auction Results

A Word From The Wise – 2nd of February, 2019

A clearance rate of 52 per cent was recorded for house sales this week compared to 58 per cent last week and 73 per cent this week last year. There were 236 auctions reported to the REIV, with 94 selling and 113 being passed in, 54 of those on a vendor bid. The REIV collected 95% of auction results last week with a total auction Volume of $82M including 11 withdrawn and 9 postponed.

Auction Overview

236 Auctions held.

 94 Sold at auction. 

29 Sold before auction

113 Passed In (54 on vendor bid)

54% Clarence Rate (Houses)

Private Sales Volume: $96M

A Word From The Wise – 9th of February, 2019

A clearance rate of 56 per cent was recorded for house sales this week compared to 71 per cent this week last year. There were 451 auctions reported to the REIV, with 211 selling and 200 being passed in, 103 of those on a vendor bid. The REIV collected 95% of auction results last week with a total of Volume of $214M including 23 withdrawn and 19 postponed.

Auction Overview

451 Auctions held.

 211 Sold at auction. 

40 Sold before auction

200 Passed In (39 on vendor bid)

54% Clarence Rate (Houses)

Private Sales Volume: $147M

A Word From The Wise – 16th of February, 2019

A clearance rate of 64 per cent was recorded for house sales this week compared to 65 per cent this week last year. There were 275 auctions reported to the REIV, with 131 selling and 99 being passed in, 39 of those on a vendor bid. The REIV collected 95% of auction results last week with a total of Volume of $115M including 23 withdrawn and 29 postponed.

Auction Overview

275 Auctions held.

 131 Sold at auction. 

44 Sold before auction

99 Passed In (39 on vendor bid)

67% Clarence Rate (Houses)

Private Sales Volume: $688M

A Word From The Wise – 23rd of February, 2019

A clearance rate of 53 per cent was recorded for house sales this week compared to 70 per cent this week last year. There were 816 auctions reported to the REIV, with 345 selling and 383 being passed in,201 of those on a vendor bid. The REIV collected 95% of auction results last week with a total of Volume of 393M including 27 withdrawn and 23 postponed.

Auction Overview

816 Auctions held.

 345 Sold at auction. 

88 Sold before auction

383 Passed In (201 on vendor bid)

54% Clarence Rate (Houses)

Private Sales Volume: $87M

A Word From The Wise – 2nd of March, 2019

A clearance rate of 56 per cent was recorded for house sales this week compared to 67 per cent this week last year. There were 725 auctions reported to the REIV, with 3454 selling and 320 being passed in, 177 of those on a vendor bid. The REIV collected 95% of auction results last week with a total of Volume of 370M including 24 withdrawn and 29 postponed.

Auction Overview

725 Auctions held.

 344 Sold at auction. 

64 Sold before auction

320 Passed In (201 on vendor bid)

54% Clarence Rate (Houses)

Private Sales Volume: $92M

Auction Overview

761 Auctions held.

 353 Sold at auction. 

 80 Sold before auction

0 Sold after Auction

328 Passed In (173 on vendor bid)

59% Clarence Rate (Houses)

Private Sales Volume: $67M

A Word From The Wise – 16th of March, 2019

A clearance rate of 57 per cent was recorded for house sales this week compared to 68 per cent this week last year. There were 761 auctions reported to the REIV, with 353 selling and 328 being passed in, 173 of those on a vendor bid. The REIV collected 95% of auction results last week with a total of Volume of $385M including 58 withdrawn and 34 postponed.

A Word From The Wise – 23rd of March, 2019

A clearance rate of 58 per cent was recorded for house sales this week compared to 66 per cent this week last year. There were 766 auctions reported to the REIV, with 276 selling and 229 being passed in, 129 of those on a vendor bid. The REIV collected 95% of auction results last week with a total of Volume of $279M including 18 withdrawn and 12 postponed.

Auction Overview

550 Auctions held.

 276 Sold at auction. 

45 Sold before auction

0 Sold after Auction

229 Passed In (129 on vendor bid)

59% Clarence Rate (Houses)

Private Sales Volume: $79M

A Word From The Wise – 30th of March, 2019

A clearance rate of 53 per cent was recorded for house sales this week compared to 66 per cent this week last year. There were 682 auctions reported to the REIV, with 323 selling and 320 being passed in, 166 of those on a vendor bid. The REIV collected 95% of auction results last week with a total of Volume of $346M including 26 withdrawn and 7 postponed.

Auction Overview

682 Auctions held.

 323 Sold at auction. 

39 Sold before auction

0 Sold after Auction

320 Passed In (166 on vendor bid)

52% Clarence Rate (Houses)

Private Sales Volume: $86M

A Word From The Wise – 6th Of April, 2019

A clearance rate of 58 per cent was recorded for house sales this week compared to 54 per cent this week & 69 this time last year. There were 643 auctions reported to the REIV, with 307 selling and 271 being passed in, 163 of those on a vendor bid. The REIV collected 95% of auction results last week with a total of Volume of $335M including 16 withdrawn and 12 postponed.

Auction Overview

643 Auctions held.

 307 Sold at auction. 

64 Sold before auction

0 Sold after Auction

371 Passed In (163 on vendor bid)

52% Clarence Rate (Houses)

Private Sales Volume: $98M

A Word From The Wise – 11th Of May, 2019

A clearance rate of 63 per cent was recorded for house sales this week compared to 57 per cent this week & 66 this time last year. There were 463 auctions reported to the REIV, with 247 selling and 170 being passed in, 66 of those on a vendor bid. The REIV collected 95% of auction results last week with a total of Volume of $221M including 29 withdrawn and 16 postponed.

Auction Overview

643 Auctions held.

 307 Sold at auction. 

463 Sold before auction

0 Sold after Auction

170 Passed In (66 on vendor bid)

63% Clarence Rate (Houses)

Private Sales Volume: $103M

A Word From The Wise -19th Of May, 2019

A clearance rate of 65 per cent was recorded for house sales this week compared to 69 per cent this week & 65% this time last year. There were 285 auctions reported to the REIV, with 169 selling and 101 being passed in, 52 of those on a vendor bid. The REIV collected 95% of auction results last week with a total of Volume of $177M including 11 withdrawn and 23 postponed.

Auction Overview

285 Auctions held.

 169 Sold at auction. 

15 Sold before auction

0 Sold after Auction

101 Passed In (52 on vendor bid)

72% Clarence Rate (Houses)

Private Sales Volume: $91M

A Word From The Wise -1st Of June, 2019

A clearance rate of 65 per cent was recorded for house sales this week compared to 64 per cent last week & 62% this time last year. There were 508 auctions reported to the REIV, with 287 selling and 179 being passed in, 83 of those on a vendor bid. The REIV collected 95% of auction results last week with a total of Volume of $308M including 14 withdrawn and 21 postponed.

Auction Overview

700 Auctions held.

 394 Sold at auction. 

42 Sold before auction

0 Sold after Auction

179 Passed In (83 on vendor bid)

74% Clarence Rate (Houses)

Private Sales Volume: $101M

A Word From The Wise -1st Of June, 2019

A clearance rate of 64 per cent was recorded for house sales this week compared to 64 per cent this week & 63% this time last year. There were 700 auctions reported to the REIV, with 169 selling and 150 being passed in, 132 of those on a vendor bid. The REIV collected 95% of auction results last week with a total of Volume of $418M including 36 withdrawn and 22 postponed.

A Word From The Wise -8th Of June, 2019

A clearance rate of 63 per cent was recorded for house sales this week compared to 65 per cent this week & 60% this time last year. There were 147 auctions reported to the REIV, with 77 selling and 55 being passed in, 25 of those on a vendor bid. The REIV collected 95% of auction results last week with a total of Volume of $66M including 5 withdrawn and 5 postponed.

Auction Overview

147 Auctions held.

 77 Sold at auction. 

13 Sold before auction

2 Sold after Auction

55 Passed In (22 on vendor bid)

60% Clarence Rate (Houses)

Private Sales Volume: $94M

A Word From The Wise -23rd Of June, 2019

A clearance rate of 70 per cent was recorded for house sales this week compared to 69 per cent this week & 64% this time last year. There were 562 auctions reported to the REIV, with 325 selling and 76 being passed in, 76 of those on a vendor bid. The REIV collected 95% of auction results last week with a total of Volume of $351M including 23 withdrawn and 18 postponed.

Auction Overview

562 Auctions held.

 325 Sold at auction. 

67 Sold before auction

2 Sold after Auction

168 Passed In (76 on vendor bid)

72% Clarence Rate (Houses)

Private Sales Volume: $121M

A Word From The Wise -29th Of June, 2019

A clearance rate of 73 percent was recorded for house sales this week compared to 70 percent this week & 62 percent this time last year. There were 404 auctions reported to the REIV, with 248 selling and 108 being passed in, 38 of those on a vendor bid. The REIV collected 95% of auction results last week with a total of Volume of $252M including 12 withdrawn and 11 postponed.

Auction Overview

404 Auctions held.

 248 Sold at auction. 

46 Sold before auction

2 Sold after Auction

108 Passed In (38 on vendor bid)

75% Clarence Rate (Houses)

Private Sales Volume: $116M

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2018 Auction Results

 A Word From The Wise – 11th of February, 2018

A clearance rate of 74 per cent was recorded for house sales this week compared to 74 per cent last year and 75 per cent this week last year. There were 453 auctions reported to the REIV, with 279 selling and 116 being passed in, 54 of those on a vendor bid. The REIV collected 95% of auction results last week with a total of Volume of $273M including 8 withdrawn and 12 postponed.

Auction Overview

874 Auctions held.

 338 Sold at auction. 

82 Sold before auction

454 Passed In.

46% Clarence Rate (Houses)

Private Sales Volume: $106M 

 A Word From The Wise – 19th of February, 2018

A clearance rate of 72 per cent was recorded for house sales this week compared to 74 per cent last year and 77 per cent this week last year. There were 737 auctions reported to the REIV, with 419 selling and 209 being passed in, 108 of those on a vendor bid. The REIV collected 95% of auction results last week with a total of Volume of $273M including 20 withdrawn and 13 postponed.

Auction Overview

737 Auctions held.

 419 Sold at auction. 

109 Sold before auction

209 Passed In.

71% Clarence Rate (Houses)

Private Sales Volume: $228M

 A Word From The Wise – 24th of February, 2018

A clearance rate of 70 per cent was recorded for house sales this week compared to 74 per cent last week and 82 per cent this week last year. There were 1168 auctions reported to the REIV, with 683 selling and 346 being passed in, 159 of those on a vendor bid. The REIV collected 95% of auction results last week with a total of Volume of $873M including 26 withdrawn and 18 postponed.

Auction Overview

1168 Auctions held.

 683 Sold at auction. 

139 Sold before auction

346 Passed In.

70% Clarence Rate (Houses)

Private Sales Volume: $223M

 A Word From The Wise – 3rd of March, 2018

A clearance rate of 68 per cent was recorded for house sales this week compared to 70 per cent last week and 79 per cent this week last year. There were 1132 auctions reported to the REIV, with 634 selling and 186 being passed in, 186 of those on a vendor bid. The REIV collected 95% of auction results last week with a total of Volume of $809M including 18 withdrawn and 21 postponed.

Auction Overview

1132 Auctions held.

 634 Sold at auction. 

134 Sold before auction

186 Passed In.

69% Clarence Rate (Houses)

Private Sales Volume: $232M

 A Word From The Wise – 10th of March, 2018

A clearance rate of 69 per cent was recorded for house sales this week compared to 78 per cent last week and 82 per cent this week last year. There were 294 auctions reported to the REIV, with 172 selling and 34 being passed in, 34 of those on a vendor bid. The REIV collected 95% of auction results last week with a total of Volume of $230M including 18 withdrawn and 7 postponed.

Auction Overview

294 Auctions held.

 172 Sold at auction. 

31 Sold before auction

34 Passed In.

69% Clarence Rate (Houses)

Private Sales Volume: $230M

 A Word From The Wise – 19th of March, 2018

A clearance rate of 69 per cent was recorded for house sales this week compared to 69 per cent last week and 79 per cent this week last year. There were 1286 auctions reported to the REIV, with 739 selling and 403 being passed in, 203 of those on a vendor bid. The REIV collected 95% of auction results last week with a total of Volume of $236M including 19 withdrawn and 19 postponed.

Auction Overview

1286 Auctions held.

 739 Sold at auction. 

144 Sold before auction

403 Passed In (206 on vendor bid)

68% Clarence Rate (Houses)

Private Sales Volume: $327M

 A Word From The Wise – 24th of March, 2018

A clearance rate of 67 per cent was recorded for house sales this week compared to 69 per cent last week and 79 per cent this week last year. There were 1474 auctions reported to the REIV, with 819 selling and 490 being passed in, 242 of those on a vendor bid. The REIV collected 95% of auction results last week with a total of Volume of $303M including 37 withdrawn and 32 postponed.

Auction Overview

1474 Auctions held.

 819 Sold at auction. 

164 Sold before auction

490 Passed In (202 on vendor bid)

66% Clarence Rate (Houses)

Private Sales Volume: $303M

A Word From The Wise – 8th of April, 2018

A clearance rate of 71 per cent was recorded for house sales this week compared to 67 per cent last week and 79 per cent this week last year. There were 311 auctions reported to the REIV, with 819 selling and  161 being passed in, 71 of those on a vendor bid. The REIV collected 95% of auction results last week with a total of Volume of $406M including 19 withdrawn and 7 postponed.

Auction Overview

549 Auctions held.

 311 Sold at auction. 

77 Sold before auction

161 Passed In (202 on vendor bid)

71% Clarence Rate (Houses)

Private Sales Volume: $406M

A Word From The Wise – 14th of April, 2018

A clearance rate of 66 per cent was recorded for house sales this week compared to 71 per cent last week and 79 per cent this week last year. There were 658 auctions reported to the REIV, with 374 selling and  213 being passed in, 103 of those on a vendor bid. The REIV collected 95% of auction results last week with a total of Volume of $212M including 15 withdrawn and 14 postponed.

Auction Overview

658 Auctions held.

 374 Sold at auction. 

71 Sold before auction

213 Passed In (202 on vendor bid)

66% Clarence Rate (Houses)

Private Sales Volume: $313M

A Word From The Wise – 21st of April, 2018

A clearance rate of 67 per cent was recorded for house sales this week compared to 66 per cent last week and 76 per cent this week last year. There were 703 auctions reported to the REIV, with 658 selling and  234 being passed in, 104 of those on a vendor bid. The REIV collected 95% of auction results last week with a total of Volume of $384M including 13 withdrawn and 20 postponed.

Auction Overview

703 Auctions held.

 394 Sold at auction. 

74 Sold before auction

234 Passed In (104 on vendor bid)

66% Clarence Rate (Houses)

Private Sales Volume: $240M

A Word From The Wise – 28th of April, 2018

A clearance rate of 68 per cent was recorded for house sales this week compared to 67 per cent last week and 82 per cent this week last year. There were 984 auctions reported to the REIV, with 551 selling and  319 being passed in, 168 of those on a vendor bid. The REIV collected 95% of auction results last week with a total of Volume of $613M including 28 withdrawn and 18 postponed.

Auction Overview

984 Auctions held.

 661 Sold at auction. 

113 Sold before auction

319 Passed In (104 on vendor bid)

66% Clarence Rate (Houses)

Private Sales Volume: $177M

A Word From The Wise – 5th of May, 2018

A clearance rate of 64 per cent was recorded for house sales this week compared to 68 per cent last week and 78 per cent this week last year. There were 863 auctions reported to the REIV, with 459 selling and  149 being passed in, 149 of those on a vendor bid. The REIV collected 95% of auction results last week with a total of Volume of $555M including 26 withdrawn and 15 postponed.

Auction Overview

807 Auctions held.

 417 Sold at auction. 

95 Sold before auction

295 Passed In (104 on vendor bid)

61% Clarence Rate (Houses)

Private Sales Volume: $386M

Auction Overview

863 Auctions held.

 459 Sold at auction. 

93 Sold before auction

319 Passed In (104 on vendor bid)

64% Clarence Rate (Houses)

Private Sales Volume: $213M

A Word From The Wise – 12th of May, 2018

A clearance rate of 63 per cent was recorded for house sales this week compared to 64 per cent last week and 78 per cent this week last year. There were 807 auctions reported to the REIV, with 417 selling and 149 being passed in, 295 of those on a vendor bid. The REIV collected 95% of auction results last week with a total of Volume of $516M including 36 withdrawn and 25 postponed.

Auction Overview

807 Auctions held.

 417 Sold at auction. 

95 Sold before auction

295 Passed In (104 on vendor bid)

61% Clarence Rate (Houses)

Private Sales Volume: $386M

A Word From The Wise – 19th of May, 2018

A clearance rate of 64 per cent was recorded for house sales this week compared to 63 per cent last week and 79 per cent this week last year. There were 795 auctions reported to the REIV, with 423 selling and 288 being passed in, 153 of those on a vendor bid. The REIV collected 95% of auction results last week with a total of Volume of $508M including 20 withdrawn and 21 postponed.

Auction Overview

795 Auctions held.

 423 Sold at auction. 

84 Sold before auction

288 Passed In (153 on vendor bid)

63% Clarence Rate (Houses)

Private Sales Volume: $389M

A Word From The Wise – 26th of May, 2018

A clearance rate of 61 per cent was recorded for house sales this week compared to 64 per cent last week and 77 per cent this week last year. There were 551 auctions reported to the REIV, with 229 selling and 217 being passed in, 119 of those on a vendor bid. The REIV collected 95% of auction results last week with a total of Volume of $352M including 20 withdrawn and 20 postponed.

Auction Overview

551 Auctions held.

 290 Sold at auction. 

44 Sold before auction

217 Passed In (119 on vendor bid)

60% Clarence Rate (Houses)

Private Sales Volume: $144M

A Word From The Wise – 3rd of June, 2018

A clearance rate of 62 per cent was recorded for house sales this week compared to 61 per cent last week and 77 per cent this week last year. There were 826 auctions reported to the REIV, with 430 selling and 315 being passed in, 172 of those on a vendor bid. The REIV collected 95% of auction results last week with a total of Volume of $472M including 24 withdrawn and 23 postponed.

Auction Overview

826 Auctions held.

 430 Sold at auction. 

81 Sold before auction

314 Passed In (119 on vendor bid)

59% Clarence Rate (Houses)

Private Sales Volume: $128M

A Word From The Wise – 9th of June, 2018

A clearance rate of 59 per cent was recorded for house sales this week compared to 62 per cent last week and 75 per cent this week last year. There were 190 auctions reported to the REIV, with 100 selling and 77 being passed in, 44 of those on a vendor bid. The REIV collected 95% of auction results last week with a total of Volume of $127M including 8 withdrawn and 10 postponed.

Auction Overview

190 Auctions held.

 100 Sold at auction. 

13 Sold before auction

77 Passed In (34 on vendor bid)

60% Clarence Rate (Houses)

Private Sales Volume: $127M

A Word From The Wise – 16th of June, 2018

A clearance rate of 61 per cent was recorded for house sales this week compared to 59 per cent last week and 73 per cent this week last year. There were 715 auctions reported to the REIV, with 363 selling and 281 being passed in, 143 of those on a vendor bid. The REIV collected 95% of auction results last week with a total of Volume of $392M including 20 withdrawn and 7 postponed.

Auction Overview

715 Auctions held.

 363 Sold at auction. 

71 Sold before auction

281 Passed In (34 on vendor bid)

59% Clarence Rate (Houses)

Private Sales Volume: $103M

A Word From The Wise – 30th of June, 2018

A clearance rate of 64 per cent was recorded for house sales this week compared to 61 per cent last week and 73 per cent this week last year. There were 586 auctions reported to the REIV, with 312 selling and 213 being passed in, 109 of those on a vendor bid. The REIV collected 95% of auction results last week with a total of Volume of $311M including 27 withdrawn and 20 postponed.

Auction Overview

586 Auctions held.

 312 Sold at auction. 

53 Sold before auction

213 Passed In (34 on vendor bid)

62% Clarence Rate (Houses)

Private Sales Volume: $121M

Auction Overview

441 Auctions held.

 221 Sold at auction. 

51 Sold before auction

169 Passed In (78 on vendor bid)

63% Clarence Rate (Houses)

Private Sales Volume: $169M

A Word From The Wise – 8th of July, 2018

A clearance rate of 62 per cent was recorded for house sales this week compared to 64 per cent last week and 76 per cent this week last year. There were 441 auctions reported to the REIV, with 221 selling and 169 being passed in, 78 of those on a vendor bid. The REIV collected 95% of auction results last week with a total of Volume of $210M including 25 withdrawn and 13 postponed.

A Word From The Wise – 14th of July, 2018

A clearance rate of 62 per cent was recorded for house sales this week compared to 62 per cent last week and 77 per cent this week last year. There were 400 auctions reported to the REIV, with 199 selling and 154 being passed in, 60 of those on a vendor bid. The REIV collected 95% of auction results last week with a total of Volume of $192M including 12 withdrawn and 11 postponed.

Auction Overview

400 Auctions held.

 199 Sold at auction. 

47 Sold before auction

154 Passed In (60 on vendor bid)

64% Clarence Rate (Houses)

Private Sales Volume: $107M

A Word From The Wise – 28th of July, 2018

A clearance rate of 62 per cent was recorded for house sales this week compared to 62 per cent last week and 76 per cent this week last year. There were 589 auctions reported to the REIV, with 306 selling and 223 being passed in, 106 of those on a vendor bid. The REIV collected 95% of auction results last week with a total of Volume of $291M including 23 withdrawn and 13 postponed.

Auction Overview

589 Auctions held.

 306 Sold at auction. 

60 Sold before auction

2223 Passed In (60 on vendor bid)

62% Clarence Rate (Houses)

Private Sales Volume: $106M

A Word From The Wise – 5th of August, 2018

A clearance rate of 60 per cent was recorded for house sales this week compared to 62 per cent last week and 76 per cent this week last year. There were 464 auctions reported to the REIV, with 210 selling and 184 being passed in, 84 of those on a vendor bid. The REIV collected 95% of auction results last week with a total of Volume of $234M including 13 withdrawn and 12 postponed.

Auction Overview

464 Auctions held.

 210 Sold at auction. 

70 Sold before auction

184 Passed In (60 on vendor bid)

57% Clarence Rate (Houses)

Private Sales Volume: $121M

A Word From The Wise – 11th of August, 2018

A clearance rate of 64 per cent was recorded for house sales this week compared to 60 per cent last week and 72 per cent this week last year. There were 545 auctions reported to the REIV, with 268 selling and 197 being passed in, 109 of those on a vendor bid. The REIV collected 95% of auction results last week with a total of Volume of $319M including 19 withdrawn and 15 postponed.

Auction Overview

545 Auctions held.

 268 Sold at auction. 

80 Sold before auction

197 Passed In (60 on vendor bid)

66% Clarence Rate (Houses)

Private Sales Volume: $120M

A Word From The Wise – 11th of August, 2018

A clearance rate of 57 per cent was recorded for house sales this week compared to 64 per cent last week and 77 per cent this week last year. There were 608 auctions reported to the REIV, with 285 selling and 134 being passed in, 134 of those on a vendor bid. The REIV collected 95% of auction results last week with a total of Volume of $319M including 23 withdrawn and 19 postponed.

Auction Overview

608 Auctions held.

 285 Sold at auction. 

57 Sold before auction

264 Passed In (60 on vendor bid)

57% Clarence Rate (Houses)

Private Sales Volume: $124M

A Word From The Wise – 26th of August, 2018

A clearance rate of 60 per cent was recorded for house sales this week compared to 57 per cent last week and 75 per cent this week last year. There were 640 auctions reported to the REIV, with 317 selling and 254 being passed in, 145 of those on a vendor bid. The REIV collected 95% of auction results last week with a total of Volume of $351M including 10 withdrawn and 28 postponed.

Auction Overview

640 Auctions held.

 317 Sold at auction. 

68 Sold before auction

254 Passed In (60 on vendor bid)

50% Clarence Rate (Houses)

Private Sales Volume: $182M

A Word From The Wise – 1st of September, 2018

A clearance rate of 61 per cent was recorded for house sales this week compared to 60 per cent last week and 73 per cent this week last year. There were 595 auctions reported to the REIV, with 257 selling and 233 being passed in, 124 of those on a vendor bid. The REIV collected 95% of auction results last week with a total of Volume of $329M including 23 withdrawn and 15 postponed.

Auction Overview

595 Auctions held.

 286 Sold at auction. 

76 Sold before auction

233 Passed In (60 on vendor bid)

59% Clarence Rate (Houses)

Private Sales Volume: $119M

Auction Overview

669 Auctions held.

 352 Sold at auction. 

77 Sold before auction

121 Passed In (60 on vendor bid)

64% Clarence Rate (Houses)

Private Sales Volume: $148M

A Word From The Wise – 8th of September, 2018

A clearance rate of 64 per cent was recorded for house sales this week compared to 60 per cent last week and 74 per cent this week last year. There were 669 auctions reported to the REIV, with 352 selling and 240 being passed in, 121 of those on a vendor bid. The REIV collected 95% of auction results last week with a total of Volume of $421M including 21 withdrawn and 11 postponed.

A Word From The Wise – 15th of September, 2018

A clearance rate of 57 per cent was recorded for house sales this week compared to 64 per cent last week and 74 per cent this week last year. There were 710 auctions reported to the REIV, with 331 selling and 307 being passed in, 165 of those on a vendor bid. The REIV collected 95% of auction results last week with a total of Volume of $390M including 23 withdrawn and 25 postponed.

Auction Overview

710 Auctions held.

 331 Sold at auction. 

72 Sold before auction

307 Passed In (60 on vendor bid)

57% Clarence Rate (Houses)

Private Sales Volume: $142M

A Word From The Wise – 22nd of September, 2018

A clearance rate of 57 per cent was recorded for house sales this week compared to 57 per cent last week and 74 per cent this week last year. There were 810 auctions reported to the REIV, with 387 selling and 346 being passed in, 185 of those on a vendor bid. The REIV collected 95% of auction results last week with a total of Volume of $417M including 31 withdrawn and 19 postponed.

Auction Overview

801 Auctions held.

 387 Sold at auction. 

68 Sold before auction

346 Passed In (60 on vendor bid)

63% Clarence Rate (Houses)

Private Sales Volume: $154M

A Word From The Wise – 29th of September, 2018

A clearance rate of 57 per cent was recorded for house sales this week compared to 57 per cent last week and 74 per cent this week last year. There were 810 auctions reported to the REIV, with 387 selling and 346 being passed in, 185 of those on a vendor bid. The REIV collected 95% of auction results last week with a total of Volume of $417M including 31 withdrawn and 19 postponed.

Auction Overview

801 Auctions held.

 387 Sold at auction. 

68 Sold before auction

346 Passed In (60 on vendor bid)

63% Clarence Rate (Houses)

Private Sales Volume: $154M

A Word From The Wise – 9th of October, 2018

A clearance rate of 56 per cent was recorded for house sales this week compared to 57 per cent last week and 74 per cent this week last year. There were 683 auctions reported to the REIV, with 280 selling and 302 being passed in, 155 of those on a vendor bid. The REIV collected 95% of auction results last week with a total of Volume of $282M including 34 withdrawn and 19 postponed.

Auction Overview

683 Auctions held.

 280 Sold at auction. 

100 Sold before auction

302 Passed In (155 on vendor bid)

63% Clarence Rate (Houses)

Private Sales Volume: $107M

A Word From The Wise – 13th of October, 2018

A clearance rate of 53 per cent was recorded for house sales this week compared to 56 per cent last week and 75 per cent this week last year. There were 653 auctions reported to the REIV, with 265 selling and 310 being passed in, 154 of those on a vendor bid. The REIV collected 95% of auction results last week with a total of Volume of $283M including 28 withdrawn and 27 postponed.

Auction Overview

653 Auctions held.

 265 Sold at auction. 

78 Sold before auction

310 Passed In (155 on vendor bid)

50% Clarence Rate (Houses)

Private Sales Volume: $110M

A Word From The Wise – 20th of October, 2018

A clearance rate of 50 per cent was recorded for house sales this week compared to 53 per cent last week and 74 per cent this week last year. There were 769 auctions reported to the REIV, with 306 selling and 305 being passed in, 204 of those on a vendor bid. The REIV collected 95% of auction results last week with a total of Volume of $360M including 24 withdrawn and 27 postponed.

Auction Overview

769 Auctions held.

 306 Sold at auction. 

77 Sold before auction

204 Passed In (155 on vendor bid)

47% Clarence Rate (Houses)

Private Sales Volume: $100M

A Word From The Wise – 27th of October, 2018

A clearance rate of 53 per cent was recorded for house sales this week compared to 51 per cent last week and 73 per cent this week last year. There were 1233 auctions reported to the REIV, with 502 selling and 583 being passed in, 317 of those on a vendor bid. The REIV collected 95% of auction results last week with a total of Volume of $659M including 44 withdrawn and 34 postponed.

Auction Overview

1233 Auctions held.

 502 Sold at auction. 

146 Sold before auction

583 Passed In (155 on vendor bid)

51% Clarence Rate (Houses)

Private Sales Volume: $106M

A Word From The Wise – 3rd of November, 2018

A clearance rate of 54 per cent was recorded for house sales this week compared to 53 per cent last week and 71 per cent this week last year. There were 153 auctions reported to the REIV, with 607 selling and 70 being passed in, 22 of those on a vendor bid. The REIV collected 95% of auction results last week with a total of Volume of $60M including 14 withdrawn and 19 postponed.

Auction Overview

153 Auctions held.

 67 Sold at auction. 

15 Sold before auction

70 Passed In (22 on vendor bid)

56% Clarence Rate (Houses)

Private Sales Volume: $192M

A Word From The Wise – 17th of November, 2018

A clearance rate of 47 per cent was recorded for house sales this week compared to 50 per cent last week and 70 per cent this week last year. There were 963 auctions reported to the REIV, with 370 selling and 506 being passed in, 248 of those on a vendor bid. The REIV collected 95% of auction results last week with a total of Volume of $128M including 52 withdrawn and 32 postponed.

Auction Overview

963 Auctions held.

 370 Sold at auction. 

85 Sold before auction

506 Passed In (248 on vendor bid)

45% Clarence Rate (Houses)

Private Sales Volume: $128M

A Word From The Wise – 25th of November, 2018

A clearance rate of 48 per cent was recorded for house sales this week compared to 57 per cent last week and 70 per cent this week last year. There were 790 auctions reported to the REIV, with 294 selling and 408 being passed in, 178 of those on a vendor bid. The REIV collected 95% of auction results last week with a total of Volume of $301M including 37 withdrawn and 28 postponed.

Auction Overview

790 Auctions held.

 294 Sold at auction. 

88 Sold before auction

508 Passed In (178 on vendor bid)

45% Clarence Rate (Houses)

Private Sales Volume: $142M

A Word From The Wise – 8th of December, 2018

A clearance rate of 48 per cent was recorded for house sales this week compared to 48 per cent last week and 68 per cent this week last year. There were 874 auctions reported to the REIV, with 338 selling and 454 being passed in, 227 of those on a vendor bid. The REIV collected 95% of auction results last week with a total of Volume of $328M including 69 withdrawn and 26 postponed.

Auction Overview

790 Auctions held.

 294 Sold at auction. 

88 Sold before auction

508 Passed In (178 on vendor bid)

45% Clarence Rate (Houses)

Private Sales Volume: $142M