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Market News » clearance rates


When you’re warm you’re hot and when you’re cold you’re freezing

When you’re warm you’re hot and when you’re cold you’re freezing
Welcome to our $2m-plus auction Early Spring season opener And the first of three weekends of the James 3 Week 100 Auctions Early Spring Market Test, specifically designed to measure the true market temperature of higher end, Inner Melbourne Family Homes. This time last year, the opening Spring Day was a bit depressing and now it feels like we have just [...]
Yep, its a big drop – how to deal with it!

Yep, its a big drop – how to deal with it!

Welcome to the early beginnings of the Melbourne Spring buying and selling market. Auctions start in a few weeks time. This weekend’s James Market Insight, is the first in a series of three, about how you can best manage yourself in what’s to come. Why manage yourself? One: If you cannot manage yourself, then you dramatically increase your chances of [...]
The Market Roar – where and when

The Market Roar – where and when

At 6.00 pm on Saturday we found the market, as we have found it all year; B and C Graders down – A-Graders mixed. A-Grader, by our definition – right Position, right Property and right Price – good PPP‘s. Overall, the market as we go into winter is still declining in its mood, interspersed with some strong results: such [...]
It feels like it’s going to be OK early.

It feels like it’s going to be OK early.

Hello everybody for 2018! As is our tradition, it’s a decidedly lightweight first-up Market News, as we ease our way back into the saddle. Giddy-up! Today was the first serious day of opens and we have started the year with a some impetus having bought two homes already; contrasting with the flat feeling the market left for most buyers late [...]
The word from the street – what is really going on?

The word from the street – what is really going on?

Happy Mothers Day to all our Mums – the real home decision makers. This week in James Market News: Market Commentary – Three-week Challenge of 100 reported auctions Auction Action – 33 auction results Inside James – buy-then-sell service and Mal’s auction observations At 6.00pm Saturday, the overall Inner Melbourne market results were solid, if you just look at the Clearance [...]
Housing Prices to Drop 7% and the Baloney

Housing Prices to Drop 7% and the Baloney

WOW, what a week in Inner Melbourne! Last Friday we had one active negotiation and by yesterday, we had eight. This is contrary to the talk of a tanking market so in our opinion piece this week, we examine closely the “evidence” used by The Australian to support their ‘Housing prices to drop 7%’ headline. You be [...]
From May 13th to May 27th James Buyer Advocates will report on the TRUE state of the Inner Melbourne Market by covering 100 Auctions and reporting Bidder Numbers, Clearance rates, Crowd sizes and the real action or not.

From May 13th to May 27th James Buyer Advocates will report on the TRUE state of the Inner Melbourne Market by covering 100 Auctions and reporting Bidder Numbers, Clearance rates, Crowd sizes and the real action or not.

We’re out of the blocks with 87% clearance rate and Bidderman at 3. Early days but WOW!

We’re out of the blocks with 87% clearance rate and Bidderman at 3. Early days but WOW!

(Above and below) 160 people witnessed this architectural masterpiece (working from a low base to a state of brilliance – Steve Domoney Architecture) sell under the hammer for $4,160,000. James Tostevin and 3 bidders. Google our James Home Rating – 2a Harcourt Street, Hawthorn East to read our detailed thoughts. Excuse me what did I read above, James Bidderman 3, James [...]
Balwyn Calling – International Asian Demand showing the real signs of easing!

Balwyn Calling – International Asian Demand showing the real signs of easing!

Special Edition – James International Demand Report for Inner Melbourne $M+ housing Today we have ditched our across Melbourne auction coverage and focused on assessing the change (if any) to International Demand within the Melbourne Property Market. James Bidderman, Bayside, Stonnington and clearance rates have been sidelined, so as we could focus almost all our resources on assessing [...]
The Rise of the Duck

The Rise of the Duck

Hey, just when you started to think it was getting boring – you may, just may be in for a surprise over the next few weeks. So what happened this week? 1. Some buyers were still getting smashed by a strong Bidderman on the A-graders (Price, Property or Position) 2. Some buyers paid big numbers on some pass-ins – surely not [...]
Clearance rates high, but the urgency didn’t feel as intense this week – possibly due to the large influx of new spring stock. Bidderman was down – last week was really strong; it really was, this week was solid but weaker.

Clearance rates high, but the urgency didn’t feel as intense this week – possibly due to the large influx of new spring stock. Bidderman was down – last week was really strong; it really was, this week was solid but weaker.

And when it does stop, we see the future image more as a dormant volcano waiting to re-explode again, than a scorched earth without signs of life.

And when it does stop, we see the future image more as a dormant volcano waiting to re-explode again, than a scorched earth without signs of life.

Volcanoes are changing the landscape – as they do!

Volcanoes are changing the landscape – as they do!

James now Smartphone Optimised for easier reading – click horizontal bars top left hand corner of Iphone $1 million dollars more: So what do you do when across the road – same land size and same house sells late in 2014 for $1,900,000 – why you pay $1 million dollars more when Asian buyers duke it out to [...]
Slight breather today – nearly 50% of auctions with only 1 bidder

Slight breather today – nearly 50% of auctions with only 1 bidder

At 6.00 pm on Saturday, the James Clearance Rate for Melbourne’s $M+ property was 66% on the 32 auctions we covered. The Weekly Review Bidderman, our bidders per auction measurement was at 1.9. Both Clearance Rates and Bidderman are down on the results we saw prior to the Melbourne Cup. Overall Summary of Melbourne’s Million Dollar-Plus Auctions: Ducks ($M+ [...]
After a few quieter weekends, this one was a major volcanic eruption!

After a few quieter weekends, this one was a major volcanic eruption!

At 6.00 pm on  Saturday, the James Clearance Rate for Melbourne’s $M+ property was 70% on the 33 auctions we covered. The Weekly Review Bidderman, our bidders per auction measurement, was at a whopping 2.6. Only twice this year can we remember it higher. Sure it’s only one day, and maybe it’s the weather, but [...]

Inside James Market News