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Posted: 2015-11-09 03:42:00

Auctions may be slowing down as the year draws to a close, but property sales are still going strong. Picture: Thinkstock.

EVERY single day in the past four weeks an average of 366 houses and 137 units are sold.

And that’s just the ones taken to market through private treaty not auction.

The latest figures from CoreLogic RP Data reveal that while auction clearance rates are starting to slow down toward the end of the year, property sales haven’t yet.

The weekly preliminary auction clearance rate improved slightly last week, but was still at only 63.7 per cent.

During the past four weeks, 14,097 properties have sold through private treaty.

Across the same period a month ago there were 13,580 sales.

Melbourne, with a median house price of $605,000, accounted for the highest number of house sales during the past four weeks - with 3488 changing hands through private treaty.

Sydney recorded the highest number of unit sales - 1693.

PRIVATE TREATY SALES

Melbourne 4944

Sydney 4943

Brisbane 1863

Perth 978

Adelaide 807

Hobart 175

Darwin 60

Source: CoreLogic RP Data. Statistics calculated across houses and units sold over the most

recent four week period.

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