Auction Clearance Rates Climb – But the Market Remains Selective
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Another weekend has passed, and once again we’ve seen the auction clearance rate hold steady in that 70%–80% range. It’s a clear sign that the market remains resilient, even with the number of new listings on the rise and buyer activity starting to spread across different price points.
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The clearance rate has continued to remain in the mid 70% to 80% range consistently throughout the year, and this has given the market a sense of stability.
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As we step into the spring auction market, the property landscape is beginning to shift. Traditionally, spring brings with it not only better weather but also a surge in the number of homes coming to market. Sellers often see spring as the ideal time to showcase their properties, and buyers who have been waiting through the colder months are usually ready to act.

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The old auction saying has never felt truer: quote it low, watch it go – quote it high, watch it die.
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