REINSW – NSW Weekly Market Wrap
Announcement posted by Perception Partners 04 Dec 2011
REINSW – NSW Weekly Market Wrap
28th November to 3rd December 2011
4th December 2011
The first weekend of summer saw just over 900 auctions scheduled, a typical level of activity for this time of year. 360 properties were reported sold and 297 passed in (33 of those on a vendor bid), giving us a clearance rate of 55 per cent.
Tim McKibbin
CEO – REINSWNW A
| 55% Clearance rate | 657 Reported Auctions
Last week: 779 This week last year: 780
|
| Sold prior to auction: | 104 |
| Sold at auction: | 243 |
| Sold after auction: | 13 |
|
|
|
|
|
|
| Total Volume: | $234.29 mil
|
| Passed in: | 297 |
| Passed on vendor's bid: | 33 |
| Withdrawn: | 56 |
|
|
|
| Postponed: | 15 |
| No Result: | 143 |
For more information go to www.realestateview.com.au
Please direct media enquiries to Julian Brophy on 0408 276 749.