Property auction market shows signs of softening
Lots offered dipped by 1.6% to 2,962, while lots sold fell by 6.3% to 1,993. The overall success rate dropped from 70.7% to 67.3%, pointing to more selective buyer behaviour. The total raised declined by 9.0% year-on-year to £389.2m.
Residential supply held steady, up 0.4%, though sales volumes were down 4.1%. Commercial performance was more noticeably affected, with lots sold down 21.8% and the total raised falling by 41.3%.
EIG’s founder, David Sandeman, said: “Looking at the regional data, results were mixed. The East Midlands, North-West Home Counties and Wales all recorded solid growth across activity levels and capital raised.
“London and the South-East, by contrast, saw declines across most measures, particularly within the commercial sector.
“Scotland and Northern Ireland reflected a more polarised picture, with strong results in some areas offset by weaker conversion rates in others.
“Yorkshire and The Humber delivered a strong quarter commercially, though residential performance pulled the overall figures lower.”
National Auction Analysis:
N.B. Figures in brackets denote the comparative period last year
| June 2025 | April 2025 to June 2025 | July 2024 to June 2025 | ||||
|---|---|---|---|---|---|---|
| Lots Offered | 2,962 (3,009) | ▼ 1.6% | 9,866 (9,560) | ▲ 3.2% | 39,886 (37,491) | ▲ 6.4% |
| Lots Sold | 1,993 (2,126) | ▼ 6.3% | 6,759 (6,800) | ▼ 0.6% | 27,947 (26,611) | ▲ 5.0% |
| Percent Sold | 67.3% (70.7%) | ▼ 4.8% | 68.5% (71.1%) | ▼ 3.7% | 70.1% (71.0%) | ▼ 1.3% |
| Total Raised | £389.2M (£427.8M) | ▼ 9.0% | £1,310.6M (£1,317.0M) | ▼ 0.5% | £5,593.3M (£5,098.1M) | ▲ 9.7% |
N.B. Figures in brackets denote the comparative period last year
| June 2025 | April 2025 to June 2025 | July 2024 to June 2025 | ||||
|---|---|---|---|---|---|---|
| Lots Offered | 2,651 (2,640) | ▲ 0.4% | 8,749 (8,463) | ▲ 3.4% | 35,311 (33,036) | ▲ 6.9% |
| Lots Sold | 1,788 (1,864) | ▼ 4.1% | 5,978 (6,041) | ▼ 1.0% | 24,746 (23,508) | ▲ 5.3% |
| Percent Sold | 67.4% (70.6%) | ▼ 4.5% | 68.3% (71.4%) | ▼ 4.3% | 70.1% (71.2%) | ▼ 1.5% |
| Total Raised | £331.1M (£328.6M) | ▲ 0.8% | £1,079.9M (£1,058.1M) | ▲ 2.1% | £4,504.4M (£3,978.5M) | ▲ 13.2% |
N.B. Figures in brackets denote the comparative period last year
| June 2025 | April 2025 to June 2025 | July 2024 to June 2025 | ||||
|---|---|---|---|---|---|---|
| Lots Offered | 311 (369) | ▼ 15.7% | 1,117 (1,097) | ▲ 1.8% | 4,575 (4,455) | ▲ 2.7% |
| Lots Sold | 205 (262) | ▼ 21.8% | 781 (759) | ▲ 2.9% | 3,201 (3,103) | ▲ 3.2% |
| Percent Sold | 65.9% (71.0%) | ▼ 7.2% | 69.9% (69.2%) | ▲ 1.0% | 70.0% (69.7%) | ▲ 0.4% |
| Total Raised | £58.2M (£99.1M) | ▼ 41.3% | £230.7M (£258.9M) | ▼ 10.9% | £1,088.8M (£1,119.6M) | ▼ 2.7% |
As is usually the case, variations across all the measurable parameters can be seen across the regions.
N.B. Figures in brackets denote the comparative period last year
(Includes Cambridgeshire, Norfolk, Suffolk)
| April 2025 to June 2025 | Total | Residential | Commercial | |||
|---|---|---|---|---|---|---|
| Lots Offered | 499 (453) | ▲ 10.2% | 460 (410) | ▲ 12.2% | 39 (43) | ▼ 9.3% |
| Lots Sold | 335 (324) | ▲ 3.4% | 308 (294) | ▲ 4.8% | 27 (30) | ▼ 10.0% |
| Percent Sold | 67.1% (71.5%) | ▼ 6.2% | 67.0% (71.7%) | ▼ 6.6% | 69.2% (69.8%) | ▼ 0.9% |
| Total Raised | £60.7M (£59.0M) | ▲ 3.0% | £55.6M (£48.4M) | ▲ 15.0% | £5.1M (£10.6M) | ▼ 52.1% |
(Includes Derbyshire, Leicestershire, Lincolnshire, Northamptonshire, Nottinghamshire, Rutland)
| April 2025 to June 2025 | Total | Residential | Commercial | |||
|---|---|---|---|---|---|---|
| Lots Offered | 854 (758) | ▲ 12.7% | 760 (662) | ▲ 14.8% | 94 (96) | ▼ 2.1% |
| Lots Sold | 608 (551) | ▲ 10.3% | 536 (473) | ▲ 13.3% | 72 (78) | ▼ 7.7% |
| Percent Sold | 71.2% (72.7%) | ▼ 2.1% | 70.5% (71.5%) | ▼ 1.4% | 76.6% (81.2%) | ▼ 5.7% |
| Total Raised | £104.6M (£89.0M) | ▲ 17.5% | £78.8M (£70.5M) | ▲ 11.7% | £25.8M (£18.5M) | ▲ 39.7% |
| April 2025 to June 2025 | Total | Residential | Commercial | |||
|---|---|---|---|---|---|---|
| Lots Offered | 725 (738) | ▼ 1.8% | 656 (678) | ▼ 3.2% | 69 (60) | ▲ 15.0% |
| Lots Sold | 530 (557) | ▼ 4.8% | 478 (511) | ▼ 6.5% | 52 (46) | ▲ 13.0% |
| Percent Sold | 73.1% (75.5%) | ▼ 3.2% | 72.9% (75.4%) | ▼ 3.3% | 75.4% (76.7%) | ▼ 1.7% |
| Total Raised | £243.9M (£279.1M) | ▼ 12.6% | £208.8M (£228.8M) | ▼ 8.7% | £35.1M (£50.3M) | ▼ 30.3% |
(Includes Cleveland, County Durham, Northumberland, Tyne and Wear)
| April 2025 to June 2025 | Total | Residential | Commercial | |||
|---|---|---|---|---|---|---|
| Lots Offered | 642 (802) | ▼ 20.0% | 582 (765) | ▼ 23.9% | 60 (37) | ▲ 62.2% |
| Lots Sold | 443 (602) | ▼ 26.4% | 394 (575) | ▼ 31.5% | 49 (27) | ▲ 81.5% |
| Percent Sold | 69.0% (75.1%) | ▼ 8.1% | 67.7% (75.2%) | ▼ 10.0% | 81.7% (73.0%) | ▲ 11.9% |
| Total Raised | £38.7M (£38.9M) | ▼ 0.6% | £28.6M (£34.3M) | ▼ 16.7% | £10.1M (£4.6M) | ▲ 119.0% |
(Includes Cheshire, Cumbria, Isle of Man, Lancashire, Merseyside)
| April 2025 to June 2025 | Total | Residential | Commercial | |||
|---|---|---|---|---|---|---|
| Lots Offered | 1,448 (1,338) | ▲ 8.2% | 1,331 (1,182) | ▲ 12.6% | 117 (156) | ▼ 25.0% |
| Lots Sold | 1,019 (942) | ▲ 8.2% | 934 (848) | ▲ 10.1% | 85 (94) | ▼ 9.6% |
| Percent Sold | 70.4% (70.4%) | ▼ 0.0% | 70.2% (71.7%) | ▼ 2.1% | 72.6% (60.3%) | ▲ 20.4% |
| Total Raised | £136.5M (£128.2M) | ▲ 6.5% | £120.3M (£103.7M) | ▲ 16.0% | £16.2M (£24.5M) | ▼ 33.9% |
(Includes Bedfordshire, Berkshire, Buckinghamshire, Hertfordshire, Middlesex, Oxfordshire)
| April 2025 to June 2025 | Total | Residential | Commercial | |||
|---|---|---|---|---|---|---|
| Lots Offered | 675 (622) | ▲ 8.5% | 606 (570) | ▲ 6.3% | 69 (52) | ▲ 32.7% |
| Lots Sold | 482 (445) | ▲ 8.3% | 430 (408) | ▲ 5.4% | 52 (37) | ▲ 40.5% |
| Percent Sold | 71.4% (71.5%) | ▼ 0.1% | 71.0% (71.6%) | ▼ 0.8% | 75.4% (71.2%) | ▲ 5.9% |
| Total Raised | £131.5M (£117.9M) | ▲ 11.6% | £106.6M (£97.3M) | ▲ 9.6% | £24.9M (£20.5M) | ▲ 21.1% |
| April 2025 to June 2025 | Total | Residential | Commercial | |||
|---|---|---|---|---|---|---|
| Lots Offered | 95 (55) | ▲ 72.7% | 60 (50) | ▲ 20.0% | 35 (5) | ▲ 600.0% |
| Lots Sold | 45 (29) | ▲ 55.2% | 24 (25) | ▼ 4.0% | 21 (4) | ▲ 425.0% |
| Percent Sold | 47.4% (52.7%) | ▼ 10.1% | 40.0% (50.0%) | ▼ 20.0% | 60.0% (80.0%) | ▼ 25.0% |
| Total Raised | £5.8M (£3.5M) | ▲ 68.9% | £2.6M (£3.0M) | ▼ 13.7% | £3.3M (£0.5M) | ▲ 576.3% |
| April 2025 to June 2025 | Total | Residential | Commercial | |||
|---|---|---|---|---|---|---|
| Lots Offered | 292 (378) | ▼ 22.8% | 184 (273) | ▼ 32.6% | 108 (105) | ▲ 2.9% |
| Lots Sold | 120 (122) | ▼ 1.6% | 91 (79) | ▲ 15.2% | 29 (43) | ▼ 32.6% |
| Percent Sold | 41.1% (32.3%) | ▲ 27.2% | 49.5% (28.9%) | ▲ 71.3% | 26.9% (41.0%) | ▼ 34.4% |
| Total Raised | £8.9M (£10.3M) | ▼ 13.5% | £7.0M (£4.1M) | ▲ 70.9% | £2.0M (£6.2M) | ▼ 68.7% |
(Includes Channel Islands, East Sussex, Essex, Hampshire, Isle of Wight, Kent, Surrey, West Sussex)
| April 2025 to June 2025 | Total | Residential | Commercial | |||
|---|---|---|---|---|---|---|
| Lots Offered | 1,501 (1,559) | ▼ 3.7% | 1,387 (1,393) | ▼ 0.4% | 114 (166) | ▼ 31.3% |
| Lots Sold | 1,010 (1,097) | ▼ 7.9% | 925 (980) | ▼ 5.6% | 85 (117) | ▼ 27.4% |
| Percent Sold | 67.3% (70.4%) | ▼ 4.4% | 66.7% (70.4%) | ▼ 5.3% | 74.6% (70.5%) | ▲ 5.8% |
| Total Raised | £230.8M (£247.2M) | ▼ 6.6% | £193.8M (£198.5M) | ▼ 2.4% | £37.0M (£48.7M) | ▼ 24.1% |
(Includes Avon, Cornwall, Devon, Dorset, Gloucestershire, Isles of Scilly, Somerset, Wiltshire)
| April 2025 to June 2025 | Total | Residential | Commercial | |||
|---|---|---|---|---|---|---|
| Lots Offered | 893 (802) | ▲ 11.3% | 780 (673) | ▲ 15.9% | 113 (129) | ▼ 12.4% |
| Lots Sold | 654 (611) | ▲ 7.0% | 570 (512) | ▲ 11.3% | 84 (99) | ▼ 15.2% |
| Percent Sold | 73.2% (76.2%) | ▼ 3.9% | 73.1% (76.1%) | ▼ 3.9% | 74.3% (76.7%) | ▼ 3.1% |
| Total Raised | £128.5M (£134.0M) | ▼ 4.1% | £107.0M (£106.2M) | ▲ 0.7% | £21.6M (£27.7M) | ▼ 22.3% |
| April 2025 to June 2025 | Total | Residential | Commercial | |||
|---|---|---|---|---|---|---|
| Lots Offered | 650 (599) | ▲ 8.5% | 546 (522) | ▲ 4.6% | 104 (77) | ▲ 35.1% |
| Lots Sold | 433 (401) | ▲ 8.0% | 356 (346) | ▲ 2.9% | 77 (55) | ▲ 40.0% |
| Percent Sold | 66.6% (66.9%) | ▼ 0.4% | 65.2% (66.3%) | ▼ 1.7% | 74.0% (71.4%) | ▲ 3.6% |
| Total Raised | £53.2M (£47.3M) | ▲ 12.5% | £40.2M (£39.0M) | ▲ 3.3% | £12.9M (£8.3M) | ▲ 55.5% |
West Midlands
(Includes Herefordshire, Shropshire, Staffordshire, Warwickshire, West Midlands, Worcestershire)
| April 2025 to June 2025 | Total | Residential | Commercial | |||
|---|---|---|---|---|---|---|
| Lots Offered | 873 (766) | ▲ 14.0% | 776 (672) | ▲ 15.5% | 97 (94) | ▲ 3.2% |
| Lots Sold | 607 (594) | ▲ 2.2% | 538 (522) | ▲ 3.1% | 69 (72) | ▼ 4.2% |
| Percent Sold | 69.5% (77.5%) | ▼ 10.3% | 69.3% (77.7%) | ▼ 10.8% | 71.1% (76.6%) | ▼ 7.2% |
| Total Raised | £97.2M (£95.8M) | ▲ 1.4% | £80.4M (£75.2M) | ▲ 6.8% | £16.8M (£20.6M) | ▼ 18.3% |
Yorkshire and The Humber
(Includes North Humberside, North Yorkshire, South Humberside, South Yorkshire, West Yorkshire)
| April 2025 to June 2025 | Total | Residential | Commercial | |||
|---|---|---|---|---|---|---|
| Lots Offered | 719 (690) | ▲ 4.2% | 621 (613) | ▲ 1.3% | 98 (77) | ▲ 27.3% |
| Lots Sold | 473 (525) | ▼ 9.9% | 394 (468) | ▼ 15.8% | 79 (57) | ▲ 38.6% |
| Percent Sold | 65.8% (76.1%) | ▼ 13.5% | 63.4% (76.3%) | ▼ 16.9% | 80.6% (74.0%) | ▲ 8.9% |
| Total Raised | £70.2M (£66.9M) | ▲ 5.0% | £50.2M (£49.1M) | ▲ 2.2% | £20.0M (£17.7M) | ▲ 12.7% |
Disclaimer: The figures are based on sales data provided by the auctioneers.
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