Clearance rates explained

Penny,

I don’t quite understand the numbers, eg 13 of 95 listed = 32.5%. What does ‘Number Listed’ mean? And what happened to the balance missing from the final ‘Numer Reported Auctions’?

Thanks,

Peter

A: Hi Peter,


Thanks for the email.


The number of reported auctions are low, relative to the number of properties listed, because many might get sold prior to auction.


The full methodology on how it is all calculated is here.


I hope this answers your question.


Kind regards,



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