Canberra's real estate industry is in the midst of its busiest time of year. But the first weekend of October will see a drop in auctions in the capital. According to CoreLogic data, about 1725 auctions will take place across the country this weekend - almost double the week prior. Of those auctions, 65 will be in the ACT. Last week, 895 properties went under the hammer nationally, of which 70 were in the ACT. The public holiday and grand final matches slowed down the market, CoreLogic said. Last week's national clearance rate was just 45.8 per cent, the lowest rate since the week ending on June 10 in 2012, CoreLogic said. The 70 properties in Canberra that went under the hammer returned a 55.6 per cent clearance rate. But head of sales at Luton Properties Craig Sheargold said he wasn't worried about the numbers being down and said the agency was on track to conduct more auctions than the previous season. The agency has 17 properties ready to go under the hammer this weekend. In September alone, Luton held 78 auctions. "This number is consistent with last year, in general the market is healthy but clearance rates have eased over the past 12 months," Mr Sheargold said. "We're on track to do more auctions than in [the] previous 18 years." He estimates Luton Properties will hold 250 auctions this spring. Mario Sanfrancesco of Peter Blackshaw said after a slow winter season, activity in Canberra had picked up quickly because of the change in season. He said a reasonable number of auctions were booked. "Spring is generally busier and many are hoping to have their homes sold by the end of the year," Mr Sanrancesco said. "The season allows for a reasonable lead-up time for an effective marketing campaign roll out ... generally speaking gardens are looking their best and are in full bloom and people seem to respond [to the] warmer climate."