This weekend’s "Super Saturday" is set to be a major highlight of the spring selling season, with Marshall White scheduled to host 83 auctions - an increase from 58 on the same weekend last year. In addition, we have 330 property inspections planned so far, indicating a rise in demand and buyer engagement as the spring market continues to pick up momentum. With more than 2,000 potential buyers expected to attend, we are confident that the weekend will build on our recent successes.
October, often referred to as "Super October" in Melbourne’s real estate market, has become a key period for us. This month perfectly bridges the post-school holiday rush and the lead-up to Christmas, making it an ideal time for sellers. The current market conditions - defined by a stable economic outlook and increasing buyer confidence - are creating a dynamic auction landscape, with October consistently delivering strong sales activity.
This past week, we achieved 55 successful sales for our clients, up from 44 during the same week in 2023. From last week’s sales figure, 85% of auctions resulted in successful sales outcomes, which shows a clear increase in property supply and buyer competition.
Overall, our recent performance highlights the vibrant spring activity, positioning us to further capture a substantial market share in Melbourne’s competitive real estate market.