Auction Results 24 Feb 2017

The latest preliminary results are out from Domain. Nationally, so far from the 2,627 properties listed for auction, only 1,794 actually went for sale, and 1,325 properties sold.

So the real clearance rate against those listed is 50.4%. Domain though calculates the clearance rate on those going to auction, less withdrawn sales over those sold. This give a higher measure of 68.8% nationally, which is lower than a year ago. Across the country the median price was $871,800.

Here are the results by main locations, including our calculation of the true clearance rate. More were withdrawn in Sydney than the other states.

 

Author: Martin North

Martin North is the Principal of Digital Finance Analytics

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