REIV market snapshot

A clearance rate of 49 per cent was recorded over the weekend compared to 47 per cent last week and 67 per cent the same week last year.

There were 921 auctions reported to the REIV, with 450 selling and 471 being passed in, 206 of those on a vendor bid.

This year Greenvale has surpassed its previous auction records on both volume (193) and sales (133) and has achieved a clearance rate of 68.9 percent.

Hayden Real Estate Torquay sold 14 Grandview Road Torquay at auction for $820,000.

See My Coastal Home real estate guide inside today for more local real estate news and great property listings.

SATURDAY
DECEMBER 1, 2018

Clearance rate: 49%
Sold at auction: 346
Sold before auction: 102
Sold after auction: 2
Passed in: 471
Passed in vendor bid: 206
Withdrawn: 62
Postponed: 22
No result: 390
Total Volume: 3848.88