Pre-Easter auction momentum builds in Sydney and Melbourne

It's a bumper crop of auctions in both Sydney and Melbourne this weekend.

There are 1,202 auctions scheduled this week in Melbourne compared to 1,160 for the same time last year, according to Robert Larocca from CoreLogic RP Data.

The highest volume of auctions are the 21 on offer in both Reservoir and Thornbury

CoreLogic have noted Melbourne auction volumes are higher than last year and on track to exceed last years volumes when there were more auctions and a higher proportion of homes sold at auction.

"Our latest data shows that a record 33.6 per cent of sales were by auction in Melbourne last year, up from 29.4 per cent in 2013 and a mere 20.3 per cent in 2012," said Larocca.

"Remarkably the 30,079 sales at auction last year was near twice the 15,640 recorded in 2012.

"The increase in use of auctions is a market feature, especially when prices rise as they can deliver better outcomes in competitive markets."

APM advised 693 Sydney auctions are scheduled across this weekend.