The last of the Auction campaigns for 2016 are beginning over the next week or so and with that we are seeing a flurry of buyers also hitting the market.
The weekend just gone saw a very large – 792 – number of properties go to Auction.
Buyer numbers certainly seem strong, still, at open homes at the weekend which should hopefully translate into sales.
There were 792 Auctions scheduled with 580 reported to have taken place and 508 reported to have sold. There were 44 withdrawn for whatever reason.
It was good to see the Clearance rate still high at 81%and the Median price of property sold at Auction soared at $1,300,000.
Thomas Merriman.
Thomas Merriman 