Essential Auction News
|
Welcome to the June newsletter that looks at the results for May 2011 and the preceding periods. Compared with May 2010 the numbers were up in all metrics - more on this below. The first five months of this year have seen an overall improvement in the monthly results when compared with the same month last year, with the exception of March where the lots offered and amount raised were down.
These encouraging signs are feeding through to the Quarterly and Yearly comparisons that are generally looking positive and where there is a decline the values are small. Kind regards David Sandeman Managing Director davids@eigroup.co.uk |
National Auction Analysis
| Overall lots offered and amount raised in May was up 25.8% and 18.2% respectively compared with May 2010. These large increases were reflected in both the residential and commercial sectors that saw double digit increases in lots offered and amount raised. In addition the percent sold improved as well. |
Total
| Last Month | Last Quarter | Last Year | |||||||
|---|---|---|---|---|---|---|---|---|---|
| May 2011 | May 2010 | Increase | March 2011 - May 2011 | March 2010 - May 2010 | Increase | June 2010 - May 2011 | June 2009 - May 2010 | Increase | |
| Lots Offered | 3,467 | 2,755 | 25.8% | 8,451 | 8,017 | 5.4% | 32,353 | 30,188 | 7.2% |
| Lots Sold | 2,393 | 1,841 | 30.0% | 5,922 | 5,326 | 11.2% | 22,389 | 21,828 | 2.6% |
| Percent Sold | 69% | 66.8% | 3.3% | 70.1% | 66.4% | 5.6% | 69.2% | 72.3% | -4.3% |
| Total Raised | £403,837,795 | £341,711,599 | 18.2% | £849,469,266 | £857,402,875 | -0.9% | £3,272,893,322 | £3,413,533,019 | -4.1% |
Residential
| Last Month | Last Quarter | Last Year | |||||||
|---|---|---|---|---|---|---|---|---|---|
| May 2011 | May 2010 | Increase | March 2011 - May 2011 | March 2010 - May 2010 | Increase | June 2010 - May 2011 | June 2009 - May 2010 | Increase | |
| Lots Offered | 2,726 | 2,102 | 29.7% | 6,793 | 6,297 | 7.9% | 26,153 | 24,128 | 8.4% |
| Lots Sold | 1,867 | 1,398 | 33.5% | 4,763 | 4,124 | 15.5% | 18,011 | 17,342 | 3.9% |
| Percent Sold | 68.5% | 66.5% | 3.0% | 70.1% | 65.5% | 7.0% | 68.9% | 71.9% | -4.2% |
| Total Raised | £258,905,795 | £212,568,849 | 21.8% | £590,735,863 | £544,990,925 | 8.4% | £2,244,542,469 | £2,262,743,278 | -0.8% |
Commercial
| Last Month | Last Quarter | Last Year | |||||||
|---|---|---|---|---|---|---|---|---|---|
| May 2011 | May 2010 | Increase | March 2011 - May 2011 | March 2010 - May 2010 | Increase | June 2010 - May 2011 | June 2009 - May 2010 | Increase | |
| Lots Offered | 741 | 653 | 13.5% | 1,655 | 1,720 | -3.8% | 6,200 | 6,057 | 2.4% |
| Lots Sold | 526 | 443 | 18.7% | 1,159 | 1,202 | -3.6% | 4,378 | 4,486 | -2.4% |
| Percent Sold | 71% | 67.8% | 4.7% | 70% | 69.9% | 0.1% | 70.6% | 74.1% | -4.7% |
| Total Raised | £144,932,000 | £129,142,750 | 12.2% | £258,733,403 | £312,411,950 | -17.2% | £1,028,350,853 | £1,150,789,741 | -10.6% |
Regional Auction Analysis
| As is usually the case, variations across all the measurable parameters can be seen across the regions. |
East Anglia
| Total | |||
|---|---|---|---|
| March 2011 - May 2011 | March 2010 - May 2010 | Increase | |
| Lots Offered | 318 | 271 | 17.3% |
| Lots Sold | 216 | 185 | 16.8% |
| Percent Sold | 67.9% | 68.3% | -0.6% |
| Total Raised | £30,315,700 | £33,031,900 | -8.2% |
| Residential | |||
|---|---|---|---|
| March 2011 - May 2011 | March 2010 - May 2010 | Increase | |
| Lots Offered | 243 | 199 | 22.1% |
| Lots Sold | 166 | 136 | 22.1% |
| Percent Sold | 68.3% | 68.3% | 0.0% |
| Total Raised | £19,523,700 | £22,767,900 | -14.2% |
| Commercial | |||
|---|---|---|---|
| March 2011 - May 2011 | March 2010 - May 2010 | Increase | |
| Lots Offered | 75 | 72 | 4.2% |
| Lots Sold | 50 | 49 | 2.0% |
| Percent Sold | 66.7% | 68.1% | -2.1% |
| Total Raised | £10,792,000 | £10,264,000 | 5.1% |
East Midlands
| Total | |||
|---|---|---|---|
| March 2011 - May 2011 | March 2010 - May 2010 | Increase | |
| Lots Offered | 650 | 649 | 0.2% |
| Lots Sold | 473 | 462 | 2.4% |
| Percent Sold | 72.8% | 71.2% | 2.2% |
| Total Raised | £53,072,717 | £58,250,249 | -8.9% |
| Residential | |||
|---|---|---|---|
| March 2011 - May 2011 | March 2010 - May 2010 | Increase | |
| Lots Offered | 509 | 523 | -2.7% |
| Lots Sold | 375 | 376 | -0.3% |
| Percent Sold | 73.7% | 71.9% | 2.5% |
| Total Raised | £36,172,917 | £39,566,749 | -8.6% |
| Commercial | |||
|---|---|---|---|
| March 2011 - May 2011 | March 2010 - May 2010 | Increase | |
| Lots Offered | 141 | 126 | 11.9% |
| Lots Sold | 98 | 86 | 14.0% |
| Percent Sold | 69.5% | 68.3% | 1.8% |
| Total Raised | £16,899,800 | £18,683,500 | -9.5% |
London
| Total | |||
|---|---|---|---|
| March 2011 - May 2011 | March 2010 - May 2010 | Increase | |
| Lots Offered | 782 | 790 | -1.0% |
| Lots Sold | 625 | 604 | 3.5% |
| Percent Sold | 79.9% | 76.5% | 4.4% |
| Total Raised | £194,127,442 | £216,503,310 | -10.3% |
| Residential | |||
|---|---|---|---|
| March 2011 - May 2011 | March 2010 - May 2010 | Increase | |
| Lots Offered | 663 | 637 | 4.1% |
| Lots Sold | 527 | 491 | 7.3% |
| Percent Sold | 79.5% | 77.1% | 3.1% |
| Total Raised | £131,928,192 | £131,013,560 | 0.7% |
| Commercial | |||
|---|---|---|---|
| March 2011 - May 2011 | March 2010 - May 2010 | Increase | |
| Lots Offered | 119 | 153 | -22.2% |
| Lots Sold | 98 | 113 | -13.3% |
| Percent Sold | 82.4% | 73.9% | 11.5% |
| Total Raised | £62,199,250 | £85,489,750 | -27.2% |
North-East
| Total | |||
|---|---|---|---|
| March 2011 - May 2011 | March 2010 - May 2010 | Increase | |
| Lots Offered | 637 | 677 | -5.9% |
| Lots Sold | 413 | 232 | 78.0% |
| Percent Sold | 64.8% | 34.3% | 88.9% |
| Total Raised | £29,471,243 | £19,742,960 | 49.3% |
| Residential | |||
|---|---|---|---|
| March 2011 - May 2011 | March 2010 - May 2010 | Increase | |
| Lots Offered | 586 | 621 | -5.6% |
| Lots Sold | 384 | 204 | 88.2% |
| Percent Sold | 65.5% | 32.9% | 99.1% |
| Total Raised | £26,840,243 | £14,080,460 | 90.6% |
| Commercial | |||
|---|---|---|---|
| March 2011 - May 2011 | March 2010 - May 2010 | Increase | |
| Lots Offered | 51 | 56 | -8.9% |
| Lots Sold | 29 | 28 | 3.6% |
| Percent Sold | 56.9% | 50% | 13.8% |
| Total Raised | £2,631,000 | £5,662,500 | -53.5% |
North-West
| Total | |||
|---|---|---|---|
| March 2011 - May 2011 | March 2010 - May 2010 | Increase | |
| Lots Offered | 1,308 | 1,219 | 7.3% |
| Lots Sold | 866 | 790 | 9.6% |
| Percent Sold | 66.2% | 64.8% | 2.2% |
| Total Raised | £80,363,887 | £81,210,200 | -1.0% |
| Residential | |||
|---|---|---|---|
| March 2011 - May 2011 | March 2010 - May 2010 | Increase | |
| Lots Offered | 1,062 | 976 | 8.8% |
| Lots Sold | 714 | 635 | 12.4% |
| Percent Sold | 67.2% | 65.1% | 3.2% |
| Total Raised | £58,261,411 | £50,057,100 | 16.4% |
| Commercial | |||
|---|---|---|---|
| March 2011 - May 2011 | March 2010 - May 2010 | Increase | |
| Lots Offered | 246 | 243 | 1.2% |
| Lots Sold | 152 | 155 | -1.9% |
| Percent Sold | 61.8% | 63.8% | -3.1% |
| Total Raised | £22,102,476 | £31,153,100 | -29.1% |
North-West Home Counties
| Total | |||
|---|---|---|---|
| March 2011 - May 2011 | March 2010 - May 2010 | Increase | |
| Lots Offered | 387 | 444 | -12.8% |
| Lots Sold | 288 | 308 | -6.5% |
| Percent Sold | 74.4% | 69.4% | 7.2% |
| Total Raised | £73,546,559 | £70,059,799 | 5.0% |
| Residential | |||
|---|---|---|---|
| March 2011 - May 2011 | March 2010 - May 2010 | Increase | |
| Lots Offered | 298 | 307 | -2.9% |
| Lots Sold | 230 | 213 | 8.0% |
| Percent Sold | 77.2% | 69.4% | 11.2% |
| Total Raised | £49,794,059 | £41,582,549 | 19.7% |
| Commercial | |||
|---|---|---|---|
| March 2011 - May 2011 | March 2010 - May 2010 | Increase | |
| Lots Offered | 89 | 137 | -35.0% |
| Lots Sold | 58 | 95 | -38.9% |
| Percent Sold | 65.2% | 69.3% | -5.9% |
| Total Raised | £23,752,500 | £28,477,250 | -16.6% |
Scotland
| Total | |||
|---|---|---|---|
| March 2011 - May 2011 | March 2010 - May 2010 | Increase | |
| Lots Offered | 149 | 157 | -5.1% |
| Lots Sold | 86 | 111 | -22.5% |
| Percent Sold | 57.7% | 70.7% | -18.4% |
| Total Raised | £8,495,750 | £18,699,582 | -54.6% |
| Residential | |||
|---|---|---|---|
| March 2011 - May 2011 | March 2010 - May 2010 | Increase | |
| Lots Offered | 121 | 105 | 15.2% |
| Lots Sold | 68 | 74 | -8.1% |
| Percent Sold | 56.2% | 70.5% | -20.3% |
| Total Raised | £3,993,650 | £5,992,532 | -33.4% |
| Commercial | |||
|---|---|---|---|
| March 2011 - May 2011 | March 2010 - May 2010 | Increase | |
| Lots Offered | 28 | 52 | -46.2% |
| Lots Sold | 18 | 37 | -51.4% |
| Percent Sold | 64.3% | 71.2% | -9.7% |
| Total Raised | £4,502,100 | £12,707,050 | -64.6% |
South-East Home Counties
| Total | |||
|---|---|---|---|
| March 2011 - May 2011 | March 2010 - May 2010 | Increase | |
| Lots Offered | 933 | 919 | 1.5% |
| Lots Sold | 689 | 702 | -1.9% |
| Percent Sold | 73.8% | 76.4% | -3.4% |
| Total Raised | £160,222,770 | £130,636,150 | 22.6% |
| Residential | |||
|---|---|---|---|
| March 2011 - May 2011 | March 2010 - May 2010 | Increase | |
| Lots Offered | 723 | 692 | 4.5% |
| Lots Sold | 529 | 537 | -1.5% |
| Percent Sold | 73.2% | 77.6% | -5.7% |
| Total Raised | £109,401,170 | £89,186,150 | 22.7% |
| Commercial | |||
|---|---|---|---|
| March 2011 - May 2011 | March 2010 - May 2010 | Increase | |
| Lots Offered | 210 | 227 | -7.5% |
| Lots Sold | 160 | 165 | -3.0% |
| Percent Sold | 76.2% | 72.7% | 4.8% |
| Total Raised | £50,821,600 | £41,450,000 | 22.6% |
South-West
| Total | |||
|---|---|---|---|
| March 2011 - May 2011 | March 2010 - May 2010 | Increase | |
| Lots Offered | 740 | 720 | 2.8% |
| Lots Sold | 505 | 503 | 0.4% |
| Percent Sold | 68.2% | 69.9% | -2.4% |
| Total Raised | £66,948,200 | £74,294,050 | -9.9% |
| Residential | |||
|---|---|---|---|
| March 2011 - May 2011 | March 2010 - May 2010 | Increase | |
| Lots Offered | 494 | 505 | -2.2% |
| Lots Sold | 315 | 328 | -4.0% |
| Percent Sold | 63.8% | 65% | -1.8% |
| Total Raised | £43,353,000 | £47,584,950 | -8.9% |
| Commercial | |||
|---|---|---|---|
| March 2011 - May 2011 | March 2010 - May 2010 | Increase | |
| Lots Offered | 246 | 215 | 14.4% |
| Lots Sold | 190 | 175 | 8.6% |
| Percent Sold | 77.2% | 81.4% | -5.2% |
| Total Raised | £23,595,200 | £26,709,100 | -11.7% |
Wales
| Total | |||
|---|---|---|---|
| March 2011 - May 2011 | March 2010 - May 2010 | Increase | |
| Lots Offered | 626 | 602 | 4.0% |
| Lots Sold | 398 | 366 | 8.7% |
| Percent Sold | 63.6% | 60.8% | 4.6% |
| Total Raised | £32,950,550 | £34,517,600 | -4.5% |
| Residential | |||
|---|---|---|---|
| March 2011 - May 2011 | March 2010 - May 2010 | Increase | |
| Lots Offered | 512 | 468 | 9.4% |
| Lots Sold | 326 | 283 | 15.2% |
| Percent Sold | 63.7% | 60.5% | 5.3% |
| Total Raised | £23,449,050 | £24,459,100 | -4.1% |
| Commercial | |||
|---|---|---|---|
| March 2011 - May 2011 | March 2010 - May 2010 | Increase | |
| Lots Offered | 114 | 134 | -14.9% |
| Lots Sold | 72 | 83 | -13.3% |
| Percent Sold | 63.2% | 61.9% | 2.1% |
| Total Raised | £9,501,500 | £10,058,500 | -5.5% |
West Midlands
| Total | |||
|---|---|---|---|
| March 2011 - May 2011 | March 2010 - May 2010 | Increase | |
| Lots Offered | 1,037 | 856 | 21.1% |
| Lots Sold | 745 | 593 | 25.6% |
| Percent Sold | 71.8% | 69.3% | 3.6% |
| Total Raised | £62,557,400 | £69,440,725 | -9.9% |
| Residential | |||
|---|---|---|---|
| March 2011 - May 2011 | March 2010 - May 2010 | Increase | |
| Lots Offered | 855 | 674 | 26.9% |
| Lots Sold | 617 | 462 | 33.5% |
| Percent Sold | 72.2% | 68.5% | 5.4% |
| Total Raised | £46,979,550 | £47,180,975 | -0.4% |
| Commercial | |||
|---|---|---|---|
| March 2011 - May 2011 | March 2010 - May 2010 | Increase | |
| Lots Offered | 182 | 182 | 0.0% |
| Lots Sold | 128 | 131 | -2.3% |
| Percent Sold | 70.3% | 72% | -2.4% |
| Total Raised | £15,577,850 | £22,259,750 | -30.0% |
Yorkshire and The Humber
| Total | |||
|---|---|---|---|
| March 2011 - May 2011 | March 2010 - May 2010 | Increase | |
| Lots Offered | 819 | 699 | 17.2% |
| Lots Sold | 576 | 459 | 25.5% |
| Percent Sold | 70.3% | 65.7% | 7.0% |
| Total Raised | £55,590,498 | £50,590,850 | 9.9% |
| Residential | |||
|---|---|---|---|
| March 2011 - May 2011 | March 2010 - May 2010 | Increase | |
| Lots Offered | 665 | 576 | 15.5% |
| Lots Sold | 470 | 374 | 25.7% |
| Percent Sold | 70.7% | 64.9% | 8.9% |
| Total Raised | £39,232,371 | £31,093,400 | 26.2% |
| Commercial | |||
|---|---|---|---|
| March 2011 - May 2011 | March 2010 - May 2010 | Increase | |
| Lots Offered | 154 | 123 | 25.2% |
| Lots Sold | 106 | 85 | 24.7% |
| Percent Sold | 68.8% | 69.1% | -0.4% |
| Total Raised | £16,358,127 | £19,497,450 | -16.1% |
Your Comments
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