BY James Buyer Advocates 14th June 2014
At 6.00 pm on Super Saturday, the James Clearance Rate for Melbourne’s $M+ property was 79% on the 28 auctions we covered. The Weekly Review Bidderman, our bidders per auction measurement, was at 2.9. Not only is that higher than we’ve seen in a long, long time (we’ll have to check our records) it is [...]
BY James Buyer Advocates 14th June 2014
BY James Buyer Advocates 31st May 2014
There were mixed results last weekend, which was also a ‘Super Saturday’. Bidderman dropped to an average of 1.7 bidders per property and whilst this is not alarming (it is only the fourth weekend we have covered this year that has averaged under 2, and the other three were on lesser quality, low stock weekends), [...]
BY James Buyer Advocates 31st May 2014
Last Super Saturday weekend, did it fly or fizzle? You be the judge on our sample of auctions below.
I attended four auctions this weekend, and all four were bought by Chinese buyers. The auctions at Higham Road and Walpole Street were flyers – no doubt about that.
Trends:
We are seeing more and more Chinese Nationals bidding [...]
BY Mal James 3rd May 2014
At 6.00pm Saturday, the James Clearance Rate for Melbourne’s $M+ property was 61% on the 23 auctions we covered. The Weekly Review Bidderman, our bidders per auction measurement, was at 2. Given there were very few auctions this weekend because of the Easter campaign interruptions, we are not reading too much into these stats.
Overall Summary [...]
BY Mal James 1st March 2014
At 6.00 pm Saturday the James Clearance Rate for Melbourne’s $M+ property was 56% on the 45 auctions we covered. The Weekly Review Bidderman, our bidders per auction measurement, was at 1.7.
Market Summary
On the face of it that was a big drop from last weekend’s “red zone” numbers.
We agree – but it should be noted that our [...]
BY Mal James 22nd February 2014
At 6.00 pm Saturday and the James Clearance Rate for Melbourne’s $M+ property was 71% on the 42 auctions we covered. The Weekly Review Bidderman, our bidders per auction measurement, was at 2.6. All three of those numbers are exceptionally strong – there is no other way to read them!
This weekend was the first big [...]
BY Mal James 15th February 2014
At 6.00pm on Saturday the James Clearance Rate for Melbourne’s $M+ property was 73% on the 26 auctions we covered. The Weekly Review Bidderman, our bidders per auction measurement, was at 2.8.
It’s good to be back and around the auction scene again. The highlight this weekend was that half the auctions we covered had three [...]
BY Mal James 23rd November 2013
At 6.00pm on Saturday the James Clearance Rate for Melbourne’s $M+ property was 79% on the 38 auctions we covered. The Weekly Review Bidderman, our bidders per auction measurement, was at 2.2.
That’s a big rebound from last week. But the stock was very different and we saw a lot less properties above $3 million. It [...]
BY Mal James 16th November 2013
At 6.00pm on Saturday the James Clearance Rate for Melbourne’s $M+ property was 53% on the 38 auctions we covered. The Weekly Review Bidderman, our bidders per auction measurement, was at 2.3.
This market is really splintering down the middle, and this weekend’s stats show this starkly. When you’ve got a clearance rate down to 53%, [...]
BY Mal James 9th November 2013
At 6.00 pm on Saturday the James Clearance Rate for Melbourne’s $M+ property was 61% on the 38 auctions we covered. The Weekly Review Bidderman, our bidders per auction measurement, was down to 1.3. An unusual day today, with everything down compared with recent weeks.
$3M+ PLUS
It was a bit of a shocker weekend for the [...]
BY Mal James 19th October 2013
At 6.00 pm on Saturday the James Clearance Rate for Melbourne’s $M+ property was 73% on the 33 auctions we covered. The Weekly Review Bidderman, our bidders per auction measurement, was 1.9. That’s a slight dip from previous weeks, but understandable given the huge numbers on offer.
Let’s see what happens next week.
Ducks (no bidder auctions) [...]
BY Mal James 12th October 2013
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 2.4. Both are showing a strong market after the footy break.
Ducks (no bidder auctions) – 20%
Lone Rangers (1 bidder auctions) – 10%
Norms (2-3 bidder auctions) [...]
