2015 Q2 – Auction Insights

17 September, 2015 / Vanessa Rader and Richard Impiombato

We are pleased to present the second edition of Auction Insights, which highlights the data collated from each auction undertaken by the Ray White Commercial group throughout Australia. This second quarter edition (April – June 2015) tracks our quarterly and calendar year to date clearance rates, whilst also drilling down into the types of property and tenure, average marketing investments, days on market and registered bidders. Our clearance rate has increased from 55.18%, to an impressive 73.87% for the first six month period of 2015. Our second quarter clearance was an even more impressive 78.57%, with 44 out of 56 auctions sold. We trust these insights will remove any resistance (or fear of auction), you may have when viewing these consistently strong results.

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