A bit of a rise in the number of auctions right before christmas with the total now trending up and still above the average since late September. Major suburbs of auction success were Calamvale and Hamilton.
Clearance rates rose to 50% with houses clearing at 49% and units at 50%. As noted above, Hamilton had three units cleared in the one complex. These weren't in fact new development but rather old existing units selling well below the median unit price ($550,000) at a shade under $300,000.
I'm interested to see what happens leading up to Christmas next week, I'd imagine a massive drop in number of auctions and the clearance rate coming into the end of the year.
No comments:
Post a Comment