Still in the 80’s.
Auction results after the weekend prove that this streak is continuing.
There was 853 Auctions listed to go ahead at the weekend with 657 actually taking place.
Of the 657 properties, 597 were sold under the hammer.
Further to the previous commentary regarding the median sale price, this recent weekend at Auctions saw the median sale price of property cleared under the hammer reach $1,180,000. This median sale price is creeping higher slowly and must have an affect on the figure that has been thrown around in the media of late.
Lastly, the clearance rate – 87%
Keep buying, keep selling.
Thomas Merriman.
Thomas Merriman 