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 24, 2010

Weekly Auction & Sales Results, Market Overview

Saturday 23rd & Sunday 24th October 2010

In light of the very high number of auctions this weekend the clearance rate of 68 that was achieved is a very healthy result and demonstrates that underlying demand is good.

Including this weekends activity, the REIV has seen average weekly auction listings increase by around 30 per cent compared to winter; interestingly, the clearance rate for spring has not changed substantially, with around 68 per cent of homes selling during the first eight weeks of spring.

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