REINSW – NSW Weekly Market Wrap
Announcement posted by Perception Partners 13 Nov 2011
REINSW – NSW Weekly Market Wrap
7th November to 12th November 2011
13th November 2011
“The NSW auction market is hitting its stride with over 950 auctions scheduled this week, and another 4,000 auctions expected to be held over the four weeks following. This week we had 702 results reported, from which 414 sold and 288 passed in for a clearance rate of 59 per cent”.
Tim McKibbin
CEO – REINSWCTION RESULTS SNAPSHOT
|
59% Clearance rate |
702 Reported Auctions Last week: 609 This week last year: 631 |
|
Sold prior to auction: |
129 |
|
Sold at auction: |
270 |
|
Sold after auction: |
15 |
|
Total Volume: |
$293.3mil |
|
Passed in: |
288 |
|
Passed on vendor's bid: |
41 |
|
Withdrawn: |
59 |
|
Postponed: |
19 |
|
No Result: |
168 |
For more information go to www.realestateview.com.au
Please direct media enquiries to Julian Brophy on 0408 276 749.