Introduction

Hello, and welcome to the 'Hallway to the Macedon Ranges'.

This blog is where I will be posting real estate tips, news views and local goings on around the Macedon Ranges.

If you have an article that you would like added to this blog and my monthly e-newsletter, please contact me on 0419 388 778.

Thanks, Robert Hall



Sunday, October 3, 2010

Weekly Auction & Sales Results, Market Overview

Saturday 2nd & Sunday 3rd October 2010

The clearance rate was 74 per cent this weekend, a very good result given the conflict with the AFL Grand Final. The clearance rate has also improved slightly compared to the overall result in September.

There were 473 auctions reported this weekend of which 348 sold and 125 were passed in, 67 of those on a vendors bid.

This weekend last year there was 486 auctions with a clearance rate of 84 per cent.

Of the auctions originally scheduled for today that were moved around half have been moved to next week and the other half to the following weekend.


Next weekend the REIV expects around 755 auctions and then 715 the weekend after.

CLICK ROR RESULTS

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