This is when you should auction your house to get the best price

Houses auctioned during the weekend delivered 10 per cent higher prices to vendors nationwide last year compared to homes sold under the hammer during the week, data from Domain shows.

Nicola Powell, Domain’s chief of research and economics, said this was probably due to a higher number of expensive homes selling during the week rather than the weekend.“It is important to note that this does not mean selling your house on a weekend will provide a higher price, it is likely a reflection of the types of homes that are more likely to sell and the price band of those homes,” she said.

“Statistically our best day in terms of clearance rate, average number of registered bidders and attendance is a Friday,” he said. “In 2021, the shift towards midweek auctions became more apparent in all cities, but particularly so in Sydney, Melbourne and Brisbane,” said Dr Powell.

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