Our Year-on-Year Spring Auction Growth

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Market Confidence Rises

04 October 2024

This spring, Marshall White is experiencing a remarkable increase in market activity, significantly surpassing last year's figures for the season. September set a strong foundation with an impressive 209 sales, including a 90% success rate across 100 auctions, totalling approximately $450 million in sales.

October is even more dynamic, with 198 auctions scheduled. This includes nine properties priced above $5 million, highlighting the strength of the luxury market. Compared to last year, we are seeing substantial growth – this weekend features 19 auctions versus last year's 13, and the last weekend of October will host 88 auctions, up from 58 in 2023.

These figures reflect growing market confidence and our expanding reach and presence across Victoria. Our ability to attract more listings and achieve high auction success rates affirms the trust sellers place in our expertise.

" As we look towards the remainder of the year, the outlook is decidedly positive. We're seeing an active market with abundant opportunities for both buyers and sellers, as demonstrated by our increased auction listings and consistent performance. As more Victorians choose Marshall White to navigate these dynamic conditions, we're proud to lead the industry through this exciting period." Simon Jovanovic, Marshall White CEO

Experience the Marshall White difference for yourself. If you are considering selling your property, our team is ready to guide you through this competitive market. Contact us today to tap into our unparalleled market knowledge and peerless client service.