{"id":9181,"date":"2018-04-18T03:58:01","date_gmt":"2018-04-18T03:58:01","guid":{"rendered":"https:\/\/timesnewsgroup.com.au\/bellarinetimes\/?p=9181"},"modified":"2018-04-20T08:54:32","modified_gmt":"2018-04-20T08:54:32","slug":"reiv-market-snapshot-april-19-2018","status":"publish","type":"post","link":"https:\/\/timesnewsgroup.com.au\/bellarinetimes\/real-estate\/reiv-market-snapshot-april-19-2018\/","title":{"rendered":"REIV Market snapshot &#8211; April 19, 2018"},"content":{"rendered":"<p><strong>BY GIL KING, CEO REIV<\/strong><\/p>\n<p>A clearance rate of 68 per cent was recorded over the weekend compared to 68 per cent the weekend before.\u00a0There were 658 auctions reported to the REIV, with 445 selling and 213 being passed in, 103 of those on a vendor bid.\u00a0Vendors in the City of Frankston achieved some of Melbourne\u2019s strongest results in the March quarter, with 90 homes selling under the hammer from 109 auctions.\u00a0Bellarine Property sold a two-bedroom home at 6 Aries Crescent Ocean Grove for $645,000 at auction.<\/p>\n<p><strong>\u00a0<\/strong><\/p>\n<p><strong>Saturday April 14, 2018<\/strong><\/p>\n<p>Clearance rate: 68 per cent<br \/>\nSold at auction: 374<br \/>\nSold before auction: 71<br \/>\nSold after auction: 0<br \/>\nPassed in: 213<br \/>\nPassed in vendor bid: 103<br \/>\nWithdrawn: 15<br \/>\nPostponed: 14<br \/>\nNo result: 214<\/p>\n<p><strong>Total Volume: $378.92m<\/strong><\/p>\n<div id='gallery-1' class='gallery galleryid-9181 gallery-columns-1 gallery-size-thumbnail'><figure class='gallery-item'>\n\t\t\t<div class='gallery-icon landscape'>\n\t\t\t\t<a href='https:\/\/static.timesnewsgroup.com.au\/prod\/uploads\/sites\/3\/2018\/04\/REIV-market-snapshot-041918.jpg' title=\"\" data-rl_title=\"\" class=\"rl-gallery-link\" data-rl_caption=\"\" data-rel=\"lightbox-gallery-1\"><img loading=\"lazy\" decoding=\"async\" width=\"485\" height=\"188\" src=\"https:\/\/static.timesnewsgroup.com.au\/prod\/uploads\/sites\/3\/2018\/04\/REIV-market-snapshot-041918.jpg\" class=\"attachment-thumbnail size-thumbnail\" alt=\"\" aria-describedby=\"gallery-1-9178\" srcset=\"https:\/\/static.timesnewsgroup.com.au\/prod\/uploads\/sites\/3\/2018\/04\/REIV-market-snapshot-041918.jpg 485w, https:\/\/static.timesnewsgroup.com.au\/prod\/uploads\/sites\/3\/2018\/04\/REIV-market-snapshot-041918-300x116.jpg 300w\" sizes=\"auto, (max-width: 485px) 100vw, 485px\" \/><\/a>\n\t\t\t<\/div>\n\t\t\t\t<figcaption class='wp-caption-text gallery-caption' id='gallery-1-9178'>\n\t\t\t\tAlthough the weather was terrible, Bellarine Property sold this two bedroom home at 6 Aries Crescent\nOcean Grove for $645,000 over the weekend\n\t\t\t\t<\/figcaption><\/figure>\n\t\t<\/div>\n\n","protected":false},"excerpt":{"rendered":"<p>BY GIL KING, CEO REIV A clearance rate of 68 per cent was recorded over the weekend compared to 68 per cent the weekend before.\u00a0There were 658 auctions reported to the REIV, with 445 selling and 213 being passed in, 103 of those on a vendor bid.\u00a0Vendors in the City of Frankston achieved some of [&#8230;]<\/p>\n<p><a class=\"btn btn-secondary understrap-read-more-link\" href=\"https:\/\/timesnewsgroup.com.au\/bellarinetimes\/real-estate\/reiv-market-snapshot-april-19-2018\/\">Read More&#8230;<\/a><\/p>\n","protected":false},"author":54,"featured_media":9177,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[19],"tags":[],"post_folder":[],"class_list":["post-9181","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-real-estate"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.7 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>REIV Market snapshot - April 19, 2018 - Bellarine Times<\/title>\n<meta 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