Week Ending 18th May 2014
A clearance rate of 72% this week for Ray White Victoria from 67 auctions reported, compared to 64% last weekend.
Victoria clearance:
72% from 863 auctions (source: REIV)
Weekly highlights:
Well done to Ray White Manningham selling 6 from 8 auctions. Of note were two outstanding results: 35 Dorking Road, Box Hill South – sold for $1.470m ($170.000 over reserve!) – well done Thomas Liouas & 31 Golden Way, Bulleen – sold for $1.260m ($210,000 over reserve!!!) – great work Carmen Stenta and Frank Perri.
Ray White Warrnambool held an outstanding in-room event on Wednesday evening, selling 7 from 9. Excellent work from Jess, Leanne and the team. A big crowd gathered and the energy in the room was electric!
Since May 2020, we have been writing about the “V” shaped recovery of our real estate markets following a shaky period at the start of the pandemic. In our weekly Ray White Now publication, we identified early that buyer demand remained strong and was only getting stronger. We could not … Read more
The countdown is on for buyers who are keen to buy and settle before Christmas. With the festive season only two months away, the window for buyers to have the paperwork done is beginning to close. While stock levels are recovering, there are still plenty of disappointed buyers from the … Read more