Sydney Market Commentary May 19th

It’s official, the Auction Clearance rate has dropped to its lowest point in recent history at the weekend resting at just 55%.

There were 524 properties originally listed for Auction with 321 reported to have taken place and 217 sold under the hammer – as reported.

The median sale price of property sold was still solid at $1,245,000.

Thomas Merriman. 


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