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 17, 2010

WEEKLY AUCTION & SALES RESULTS, MARKET OVERVIEW WEEK ENDING 17TH OCTOBER 2010

There were a total of 637 auctions reported this weekend and a clearance rate of 67 per cent.

Of the 637 auctions reported a total of 430 were sold, 207 passed in and 123 of those on a vendors bid.

This weekends results shows that demand has not varied to any great degree over the past 4 months.

This weekend last year saw 626 auctions and a clearance rate of 80 per cent

Next weekend is shaping up as the busiest weekend in the Melbourne residential auction market since 15 and 16 March in 2008 (still the biggest ever), when there were 1,351 auctions and a clearance rate of 67 per cent.

CLICK FOR FULL RESULTS



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