REINSW – NSW Weekly Market Wrap
Announcement posted by Perception Partners 26 Nov 2011
REINSW – NSW Weekly Market Wrap
21st November to 26th November 2011
26th November 2011
“The last weekend in November typically marks one of the busiest auction weeks of the year, and this was no exception with just over 1,100 auctions scheduled. 798 results were reported, with 450 selling and 348 passing in for a clearance rate of 56 per cent”.
Tim McKibbin - CEO REINSW
| 56% Clearance rate | 798 Reported Auctions
Last week: 636 This week last year: 951
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| Sold prior to auction: | 126 |
| Sold at auction: | 307 |
| Sold after auction: | 17 |
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| Total Volume: | $289.21mil
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| Passed in: | 348 |
| Passed on vendor's bid: | 53 |
| Withdrawn: | 99 |
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| Postponed: | 26 |
| No Result: | 128 |
For more information go to www.realestateview.com.au
Please direct media enquiries to Julian Brophy on 0408 276 749.