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NSW weekly market wrap – week ending 12 May 2012
13 May 2012

“This week saw 281 properties reported sold and 156 pass in for a clearance rate of 64 per cent. The overall clearance rate for the year to date has been 57 per cent. The suburbs showing the strongest clearance rates have tended to be on the south side of the harbour, with most areas between Leichhardt and Bondi having an average clearance rate of 60 per cent of higher.”

Tim McKibbin
REINSW CEO 


CLEARANCE RATE:

REPORTED AUCTIONS:
Last week:
This week last year:

Sold prior to auction:
Sold at auction:
Sold after auction:

Total volume:

Passed in:
Passed in on vendor’s bid:    
Withdrawn:

Postponed:
No result:
63

437
439
375

85
181
15

$194.28 million

156
23
51

17
116

For more information, go to www.realestateVIEW.com.au

Please direct media enquiries to Julian Brophy on 0408 276 749.