Essential Auction News
|
Welcome to the March newsletter that looks at the results for last month, quarter and year and compares them with the previous 12 months. It is good to be able to report that there was positive growth in terms of lots offered, lots sold and amount raised for both the residential and commercial sectors when comparing February 2011 with February 2010.
Should you wish anyone you know to receive this newsletter, do please let me have their details and I will arrange for them to receive it. In addition if you know someone who would benefit from having access to our main site, I would be pleased to extend your subscription by 2 months once they have joined us, again let me have their details and I will contact them. Kind regards David Sandeman Managing Director davids@eigroup.co.uk |
National Auction Analysis
| As I mentioned above, the numbers are more encouraging than they have been for a long time. Residential and commercial combined have seen all three periods see an increase in lots offered and lots sold and either a rise (10% February on February) or a fall of less than 1% in the amount raised.
Looking at the two sectors separately, both performed well over the three time periods with positive upward trends in lots offered, lots sold and amount raised in most cases. This optimism should however be tempered with the fact that in all 9 comparable cases, the 'percent sold' fell by between 2% and 6.1%. As always I look forward to reviewing the March figures next month. |
Total
| Last Month | Last Quarter | Last Year | |||||||
|---|---|---|---|---|---|---|---|---|---|
| February 2011 | February 2010 | Increase | December 2010 - February 2011 | December 2009 - February 2010 | Increase | March 2010 - February 2011 | March 2009 - February 2010 | Increase | |
| Lots Offered | 3,515 | 3,282 | 7.1% | 7,308 | 6,900 | 5.9% | 31,893 | 29,351 | 8.7% |
| Lots Sold | 2,424 | 2,376 | 2.0% | 5,068 | 4,919 | 3.0% | 22,045 | 21,862 | 0.8% |
| Percent Sold | 69% | 72.4% | -4.7% | 69.3% | 71.3% | -2.8% | 69.1% | 74.5% | -7.2% |
| Total Raised | £366,480,450 | £330,347,541 | 10.9% | £794,893,852 | £797,486,869 | -0.3% | £3,363,040,470 | £3,385,982,916 | -0.7% |
Residential
| Last Month | Last Quarter | Last Year | |||||||
|---|---|---|---|---|---|---|---|---|---|
| February 2011 | February 2010 | Increase | December 2010 - February 2011 | December 2009 - February 2010 | Increase | March 2010 - February 2011 | March 2009 - February 2010 | Increase | |
| Lots Offered | 2,823 | 2,651 | 6.5% | 5,927 | 5,446 | 8.8% | 25,622 | 23,613 | 8.5% |
| Lots Sold | 1,964 | 1,920 | 2.3% | 4,104 | 3,883 | 5.7% | 17,584 | 17,503 | 0.5% |
| Percent Sold | 69.6% | 72.4% | -3.9% | 69.2% | 71.3% | -2.9% | 68.6% | 74.1% | -7.4% |
| Total Raised | £243,355,069 | £240,050,066 | 1.4% | £500,106,089 | £503,730,944 | -0.7% | £2,218,207,170 | £2,218,570,990 | 0.0% |
Commercial
| Last Month | Last Quarter | Last Year | |||||||
|---|---|---|---|---|---|---|---|---|---|
| February 2011 | February 2010 | Increase | December 2010 - February 2011 | December 2009 - February 2010 | Increase | March 2010 - February 2011 | March 2009 - February 2010 | Increase | |
| Lots Offered | 692 | 628 | 10.2% | 1,381 | 1,451 | -4.8% | 6,271 | 5,735 | 9.3% |
| Lots Sold | 460 | 456 | 0.9% | 964 | 1,036 | -6.9% | 4,461 | 4,359 | 2.3% |
| Percent Sold | 66.5% | 72.6% | -8.4% | 69.8% | 71.4% | -2.2% | 71.1% | 76% | -6.4% |
| Total Raised | £123,125,381 | £90,297,475 | 36.4% | £294,787,763 | £293,755,925 | 0.4% | £1,144,833,300 | £1,167,411,926 | -1.9% |
Regional Auction Analysis
| As is usually the case, variations across all the measurable parameters can be seen across the regions. |
East Anglia
| Total | |||
|---|---|---|---|
| December 2010 - February 2011 | December 2009 - February 2010 | Increase | |
| Lots Offered | 227 | 273 | -16.8% |
| Lots Sold | 155 | 196 | -20.9% |
| Percent Sold | 68.3% | 71.8% | -4.9% |
| Total Raised | £21,648,900 | £31,414,450 | -31.1% |
| Residential | |||
|---|---|---|---|
| December 2010 - February 2011 | December 2009 - February 2010 | Increase | |
| Lots Offered | 195 | 200 | -2.5% |
| Lots Sold | 132 | 142 | -7.0% |
| Percent Sold | 67.7% | 71% | -4.6% |
| Total Raised | £13,768,900 | £16,484,450 | -16.5% |
| Commercial | |||
|---|---|---|---|
| December 2010 - February 2011 | December 2009 - February 2010 | Increase | |
| Lots Offered | 32 | 73 | -56.2% |
| Lots Sold | 23 | 54 | -57.4% |
| Percent Sold | 71.9% | 74% | -2.8% |
| Total Raised | £7,880,000 | £14,930,000 | -47.2% |
East Midlands
| Total | |||
|---|---|---|---|
| December 2010 - February 2011 | December 2009 - February 2010 | Increase | |
| Lots Offered | 559 | 488 | 14.5% |
| Lots Sold | 407 | 345 | 18.0% |
| Percent Sold | 72.8% | 70.7% | 3.0% |
| Total Raised | £42,258,240 | £37,761,625 | 11.9% |
| Residential | |||
|---|---|---|---|
| December 2010 - February 2011 | December 2009 - February 2010 | Increase | |
| Lots Offered | 479 | 394 | 21.6% |
| Lots Sold | 355 | 286 | 24.1% |
| Percent Sold | 74.1% | 72.6% | 2.1% |
| Total Raised | £27,835,640 | £25,892,375 | 7.5% |
| Commercial | |||
|---|---|---|---|
| December 2010 - February 2011 | December 2009 - February 2010 | Increase | |
| Lots Offered | 80 | 94 | -14.9% |
| Lots Sold | 52 | 59 | -11.9% |
| Percent Sold | 65% | 62.8% | 3.5% |
| Total Raised | £14,422,600 | £11,869,250 | 21.5% |
London
| Total | |||
|---|---|---|---|
| December 2010 - February 2011 | December 2009 - February 2010 | Increase | |
| Lots Offered | 965 | 1,082 | -10.8% |
| Lots Sold | 778 | 860 | -9.5% |
| Percent Sold | 80.6% | 79.5% | 1.4% |
| Total Raised | £254,778,001 | £269,224,810 | -5.4% |
| Residential | |||
|---|---|---|---|
| December 2010 - February 2011 | December 2009 - February 2010 | Increase | |
| Lots Offered | 801 | 918 | -12.7% |
| Lots Sold | 643 | 721 | -10.8% |
| Percent Sold | 80.3% | 78.5% | 2.3% |
| Total Raised | £165,351,750 | £173,697,710 | -4.8% |
| Commercial | |||
|---|---|---|---|
| December 2010 - February 2011 | December 2009 - February 2010 | Increase | |
| Lots Offered | 164 | 164 | 0.0% |
| Lots Sold | 135 | 139 | -2.9% |
| Percent Sold | 82.3% | 84.8% | -2.9% |
| Total Raised | £89,426,251 | £95,527,100 | -6.4% |
North-East
| Total | |||
|---|---|---|---|
| December 2010 - February 2011 | December 2009 - February 2010 | Increase | |
| Lots Offered | 571 | 424 | 34.7% |
| Lots Sold | 275 | 206 | 33.5% |
| Percent Sold | 48.2% | 48.6% | -0.8% |
| Total Raised | £22,213,050 | £24,034,602 | -7.6% |
| Residential | |||
|---|---|---|---|
| December 2010 - February 2011 | December 2009 - February 2010 | Increase | |
| Lots Offered | 524 | 392 | 33.7% |
| Lots Sold | 250 | 187 | 33.7% |
| Percent Sold | 47.7% | 47.7% | 0.0% |
| Total Raised | £18,498,550 | £13,733,102 | 34.7% |
| Commercial | |||
|---|---|---|---|
| December 2010 - February 2011 | December 2009 - February 2010 | Increase | |
| Lots Offered | 47 | 32 | 46.9% |
| Lots Sold | 25 | 19 | 31.6% |
| Percent Sold | 53.2% | 59.4% | -10.4% |
| Total Raised | £3,714,500 | £10,301,500 | -63.9% |
North-West
| Total | |||
|---|---|---|---|
| December 2010 - February 2011 | December 2009 - February 2010 | Increase | |
| Lots Offered | 1,202 | 1,231 | -2.4% |
| Lots Sold | 813 | 865 | -6.0% |
| Percent Sold | 67.6% | 70.3% | -3.8% |
| Total Raised | £74,411,187 | £68,653,171 | 8.4% |
| Residential | |||
|---|---|---|---|
| December 2010 - February 2011 | December 2009 - February 2010 | Increase | |
| Lots Offered | 923 | 1,000 | -7.7% |
| Lots Sold | 637 | 713 | -10.7% |
| Percent Sold | 69% | 71.3% | -3.2% |
| Total Raised | £48,565,437 | £47,863,971 | 1.5% |
| Commercial | |||
|---|---|---|---|
| December 2010 - February 2011 | December 2009 - February 2010 | Increase | |
| Lots Offered | 279 | 231 | 20.8% |
| Lots Sold | 176 | 152 | 15.8% |
| Percent Sold | 63.1% | 65.8% | -4.1% |
| Total Raised | £25,845,750 | £20,789,200 | 24.3% |
North-West Home Counties
| Total | |||
|---|---|---|---|
| December 2010 - February 2011 | December 2009 - February 2010 | Increase | |
| Lots Offered | 331 | 379 | -12.7% |
| Lots Sold | 251 | 272 | -7.7% |
| Percent Sold | 75.8% | 71.8% | 5.6% |
| Total Raised | £75,279,726 | £66,879,975 | 12.6% |
| Residential | |||
|---|---|---|---|
| December 2010 - February 2011 | December 2009 - February 2010 | Increase | |
| Lots Offered | 241 | 224 | 7.6% |
| Lots Sold | 182 | 168 | 8.3% |
| Percent Sold | 75.5% | 75% | 0.7% |
| Total Raised | £36,251,600 | £35,136,500 | 3.2% |
| Commercial | |||
|---|---|---|---|
| December 2010 - February 2011 | December 2009 - February 2010 | Increase | |
| Lots Offered | 90 | 155 | -41.9% |
| Lots Sold | 69 | 104 | -33.7% |
| Percent Sold | 76.7% | 67.1% | 14.3% |
| Total Raised | £39,028,126 | £31,743,475 | 22.9% |
Scotland
| Total | |||
|---|---|---|---|
| December 2010 - February 2011 | December 2009 - February 2010 | Increase | |
| Lots Offered | 199 | 189 | 5.3% |
| Lots Sold | 81 | 123 | -34.1% |
| Percent Sold | 40.7% | 65.1% | -37.5% |
| Total Raised | £10,978,670 | £11,460,250 | -4.2% |
| Residential | |||
|---|---|---|---|
| December 2010 - February 2011 | December 2009 - February 2010 | Increase | |
| Lots Offered | 154 | 116 | 32.8% |
| Lots Sold | 60 | 65 | -7.7% |
| Percent Sold | 39% | 56% | -30.4% |
| Total Raised | £5,009,170 | £3,363,300 | 48.9% |
| Commercial | |||
|---|---|---|---|
| December 2010 - February 2011 | December 2009 - February 2010 | Increase | |
| Lots Offered | 45 | 73 | -38.4% |
| Lots Sold | 21 | 58 | -63.8% |
| Percent Sold | 46.7% | 79.5% | -41.3% |
| Total Raised | £5,969,500 | £8,096,950 | -26.3% |
South-East Home Counties
| Total | |||
|---|---|---|---|
| December 2010 - February 2011 | December 2009 - February 2010 | Increase | |
| Lots Offered | 932 | 931 | 0.1% |
| Lots Sold | 690 | 709 | -2.7% |
| Percent Sold | 74% | 76.2% | -2.9% |
| Total Raised | £117,584,501 | £127,290,151 | -7.6% |
| Residential | |||
|---|---|---|---|
| December 2010 - February 2011 | December 2009 - February 2010 | Increase | |
| Lots Offered | 747 | 703 | 6.3% |
| Lots Sold | 537 | 548 | -2.0% |
| Percent Sold | 71.9% | 78% | -7.8% |
| Total Raised | £74,683,001 | £88,813,251 | -15.9% |
| Commercial | |||
|---|---|---|---|
| December 2010 - February 2011 | December 2009 - February 2010 | Increase | |
| Lots Offered | 185 | 228 | -18.9% |
| Lots Sold | 153 | 161 | -5.0% |
| Percent Sold | 82.7% | 70.6% | 17.1% |
| Total Raised | £42,901,500 | £38,476,900 | 11.5% |
South-West
| Total | |||
|---|---|---|---|
| December 2010 - February 2011 | December 2009 - February 2010 | Increase | |
| Lots Offered | 485 | 350 | 38.6% |
| Lots Sold | 362 | 268 | 35.1% |
| Percent Sold | 74.6% | 76.6% | -2.6% |
| Total Raised | £54,702,031 | £48,850,599 | 12.0% |
| Residential | |||
|---|---|---|---|
| December 2010 - February 2011 | December 2009 - February 2010 | Increase | |
| Lots Offered | 376 | 263 | 43.0% |
| Lots Sold | 275 | 200 | 37.5% |
| Percent Sold | 73.1% | 76% | -3.8% |
| Total Raised | £32,425,150 | £29,185,099 | 11.1% |
| Commercial | |||
|---|---|---|---|
| December 2010 - February 2011 | December 2009 - February 2010 | Increase | |
| Lots Offered | 109 | 87 | 25.3% |
| Lots Sold | 87 | 68 | 27.9% |
| Percent Sold | 79.8% | 78.2% | 2.0% |
| Total Raised | £22,276,881 | £19,665,500 | 13.3% |
Wales
| Total | |||
|---|---|---|---|
| December 2010 - February 2011 | December 2009 - February 2010 | Increase | |
| Lots Offered | 465 | 372 | 25.0% |
| Lots Sold | 312 | 242 | 28.9% |
| Percent Sold | 67.1% | 65.1% | 3.1% |
| Total Raised | £23,501,598 | £23,641,800 | -0.6% |
| Residential | |||
|---|---|---|---|
| December 2010 - February 2011 | December 2009 - February 2010 | Increase | |
| Lots Offered | 387 | 314 | 23.2% |
| Lots Sold | 266 | 201 | 32.3% |
| Percent Sold | 68.7% | 64% | 7.3% |
| Total Raised | £17,930,603 | £14,120,950 | 27.0% |
| Commercial | |||
|---|---|---|---|
| December 2010 - February 2011 | December 2009 - February 2010 | Increase | |
| Lots Offered | 78 | 58 | 34.5% |
| Lots Sold | 46 | 41 | 12.2% |
| Percent Sold | 59% | 70.7% | -16.5% |
| Total Raised | £5,570,995 | £9,520,850 | -41.5% |
West Midlands
| Total | |||
|---|---|---|---|
| December 2010 - February 2011 | December 2009 - February 2010 | Increase | |
| Lots Offered | 597 | 586 | 1.9% |
| Lots Sold | 437 | 413 | 5.8% |
| Percent Sold | 73.2% | 70.5% | 3.8% |
| Total Raised | £49,197,602 | £47,740,426 | 3.1% |
| Residential | |||
|---|---|---|---|
| December 2010 - February 2011 | December 2009 - February 2010 | Increase | |
| Lots Offered | 486 | 459 | 5.9% |
| Lots Sold | 360 | 329 | 9.4% |
| Percent Sold | 74.1% | 71.7% | 3.3% |
| Total Raised | £30,266,102 | £28,840,176 | 4.9% |
| Commercial | |||
|---|---|---|---|
| December 2010 - February 2011 | December 2009 - February 2010 | Increase | |
| Lots Offered | 111 | 127 | -12.6% |
| Lots Sold | 77 | 84 | -8.3% |
| Percent Sold | 69.4% | 66.1% | 5.0% |
| Total Raised | £18,931,500 | £18,900,250 | 0.2% |
Yorkshire and The Humber
| Total | |||
|---|---|---|---|
| December 2010 - February 2011 | December 2009 - February 2010 | Increase | |
| Lots Offered | 723 | 571 | 26.6% |
| Lots Sold | 479 | 409 | 17.1% |
| Percent Sold | 66.3% | 71.6% | -7.4% |
| Total Raised | £46,670,746 | £39,886,510 | 17.0% |
| Residential | |||
|---|---|---|---|
| December 2010 - February 2011 | December 2009 - February 2010 | Increase | |
| Lots Offered | 562 | 442 | 27.1% |
| Lots Sold | 379 | 312 | 21.5% |
| Percent Sold | 67.4% | 70.6% | -4.5% |
| Total Raised | £27,850,586 | £25,951,560 | 7.3% |
| Commercial | |||
|---|---|---|---|
| December 2010 - February 2011 | December 2009 - February 2010 | Increase | |
| Lots Offered | 161 | 129 | 24.8% |
| Lots Sold | 100 | 97 | 3.1% |
| Percent Sold | 62.1% | 75.2% | -17.4% |
| Total Raised | £18,820,160 | £13,934,950 | 35.1% |
Your Comments
| If you would like to comment on anything in this email, or have any suggestions for future newsletters, we would like to hear from you. So please email us anytime. |