The boom-time conditions of autumn are now just a fading memory. Sydney’s early spring Super Saturday home auction market produced another sharply lower result at the weekend.

Sydney recorded its lowest clearance rate of the year for the third consecutive weekend, with the result falling below the 70 per cent benchmark. The 69.6 per cent was well below the 71.3 per cent recorded the previous weekend and light years away from the 81.8 per cent reported during the same weekend in 2014.

Sydney’s weekend clearance rates have slid precipitously over winter and into spring and are now a far cry from the unprecedented near-90 percent rates recorded just four months ago.

Sellers are rushing into the market to take advantage of what remains of buyer activity. The weekend hosted the first Super Saturday of auctions for the season, as activity was brought forward to avoid the clash with the Labour Day holiday break next weekend.

A record September listing of 984 homes were put up for auction on Saturday – well ahead of the previous weekend and the same weekend in 2014. This Saturday will be quieter, but auctions will continue to flood the Sydney market after that. Nearly 1000 auctions are scheduled so far for October 10 – easily a record for an October day.

Sydney recorded its lowest clearance rate of the year for the third consecutive weekend with the result falling below the 70 per cent benchmark.

Remarkably, just one Sydney suburban region reported a clearance rate above 80 per cent at the weekend with the city and eastern suburbs scraping in at 80.4 per cent. Buyer activity in all regions is now fading, with lower-price-range outer regions remaining the clear underperformers.

Notable sales reported at the weekend included a three-bedroom home at 23 Burran Avenue, Mosman, sold by McGrath Mosman for $4.39 million; a four-bedroom unit at 3/67 Undercliff Road, Freshwater, sold by Clarke and Humel Property for $4.25 million; a five-bedroom home at 96 Livingstone Avenue, Pymble, sold for $3.8 million by L J Hooker Wahroonga; a three-bedroom home at 185 Boyce Road, Maroubra, sold for $3.7 million by N G Farah; and a 12-bedroom home at 16 Figtree Avenue, Randwick, sold for $3.4 million by BresicWhitney​ Darlinghurst.

The most expensive property reported sold at auction at the weekend was a five-bedroom home at 76 New Beach Road, Darling Point, sold for $7.75 million by Morton Circular Quay – $2.25 million over reserve.

The most affordable property reported sold at the weekend was a two-bedroom unit at 5/34 Remembrance Avenue, Warwick Farm, sold for $364,500 by Prudential Liverpool.

For a list of weekend auction results in Sydney click here.

Trend auction prices predictably continue to weaken in Sydney with this weekend’s result of $1,116,875 down again from the $1,117,500 recorded the previous weekend but still 13.2 per cent above the $986,375 trend recorded over the same weekend in 2014.

Next weekend will be a quieter one for the Sydney auction market with fewer than 400 auctions listed reflecting the distractions of the holiday break. However, the battle between buyers and sellers resumes in earnest the following weekend with the local market now clearly starting to favour buyers – at last.

Dr Andrew Wilson is Domain Group Senior Economist Twitter @DocAndrewWilson

The Property Show expert 2UE Saturdays 12.30pm to 1pm.