Essential Auction News
|
Welcome to the February newsletter that looks at auction activity in January and the rolling quarterly and yearly periods. Whilst January is a relatively quiet month in the auction calendar, it is pleasing to see a marked improvement in the percent sold - up to 74% from 64% in January 2011. The amount raised also increased by 26% to £31m, and one hopes that these improvements continue through 2012.
Kind regards David Sandeman Managing Director davids@eigroup.co.uk 01737 232 289 |
National Auction Analysis
| With January being a quiet month in the auction industry it is perhaps more worthwhile viewing the quarterly and yearly figures to get a better indication of market trends. The residential sector saw increases across the board, with the volume of lots sold showing noticable gains - up 8.9% and 9.7% in the rolling quater and year respectively.
The commercial market statistics show double digit increases in both lots offered and lots sold in the rolling quarter, but the sale rate and amount raised dropped slightly. |
Total
| Last Month | Last Quarter | Last Year | |||||||
|---|---|---|---|---|---|---|---|---|---|
| January 2012 | January 2011 | Increase | November 2011 - January 2012 | November 2010 - January 2011 | Increase | February 2011 - January 2012 | February 2010 - January 2011 | Increase | |
| Lots Offered | 518 | 521 | -0.6% | 6,031 | 5,898 | 2.3% | 32,586 | 31,561 | 3.2% |
| Lots Sold | 382 | 333 | 14.7% | 4,301 | 3,915 | 9.9% | 24,202 | 22,128 | 9.4% |
| Percent Sold | 73.7% | 63.9% | 15.3% | 71.3% | 66.4% | 7.4% | 74.3% | 70.1% | 6.0% |
| Total Raised | £31,092,524 | £24,677,390 | 26.0% | £549,092,211 | £553,023,395 | -0.7% | £3,336,706,453 | £3,274,968,684 | 1.9% |
Residential
| Last Month | Last Quarter | Last Year | |||||||
|---|---|---|---|---|---|---|---|---|---|
| January 2012 | January 2011 | Increase | November 2011 - January 2012 | November 2010 - January 2011 | Increase | February 2011 - January 2012 | February 2010 - January 2011 | Increase | |
| Lots Offered | 486 | 490 | -0.8% | 4,914 | 4,931 | -0.3% | 26,051 | 25,372 | 2.7% |
| Lots Sold | 359 | 317 | 13.2% | 3,526 | 3,239 | 8.9% | 19,368 | 17,654 | 9.7% |
| Percent Sold | 73.9% | 64.7% | 14.2% | 71.8% | 65.7% | 9.3% | 74.3% | 69.6% | 6.8% |
| Total Raised | £28,877,924 | £23,213,790 | 24.4% | £381,107,531 | £363,146,363 | 4.9% | £2,256,796,727 | £2,180,172,790 | 3.5% |
Commercial
| Last Month | Last Quarter | Last Year | |||||||
|---|---|---|---|---|---|---|---|---|---|
| January 2012 | January 2011 | Increase | November 2011 - January 2012 | November 2010 - January 2011 | Increase | February 2011 - January 2012 | February 2010 - January 2011 | Increase | |
| Lots Offered | 32 | 31 | 3.2% | 1,117 | 967 | 15.5% | 6,535 | 6,186 | 5.6% |
| Lots Sold | 23 | 16 | 43.8% | 775 | 676 | 14.6% | 4,834 | 4,474 | 8.0% |
| Percent Sold | 71.9% | 52% | 38.3% | 69.4% | 69.9% | -0.7% | 74% | 72.3% | 2.4% |
| Total Raised | £2,214,600 | £1,463,600 | 51.3% | £167,984,680 | £189,877,032 | -11.5% | £1,079,909,726 | £1,096,723,894 | -1.5% |
Regional Auction Analysis
| As is usually the case, variations across all the measurable parameters can be seen across the regions. |
East Anglia
| Total | |||
|---|---|---|---|
| November 2011 - January 2012 | November 2010 - January 2011 | Increase | |
| Lots Offered | 210 | 168 | 25.0% |
| Lots Sold | 164 | 112 | 46.4% |
| Percent Sold | 78.1% | 66.7% | 17.1% |
| Total Raised | £21,268,000 | £14,188,250 | 49.9% |
| Residential | |||
|---|---|---|---|
| November 2011 - January 2012 | November 2010 - January 2011 | Increase | |
| Lots Offered | 162 | 143 | 13.3% |
| Lots Sold | 127 | 93 | 36.6% |
| Percent Sold | 78.4% | 65% | 20.6% |
| Total Raised | £13,972,500 | £10,380,250 | 34.6% |
| Commercial | |||
|---|---|---|---|
| November 2011 - January 2012 | November 2010 - January 2011 | Increase | |
| Lots Offered | 48 | 25 | 92.0% |
| Lots Sold | 37 | 19 | 94.7% |
| Percent Sold | 77.1% | 76% | 1.4% |
| Total Raised | £7,295,500 | £3,808,000 | 91.6% |
East Midlands
| Total | |||
|---|---|---|---|
| November 2011 - January 2012 | November 2010 - January 2011 | Increase | |
| Lots Offered | 437 | 446 | -2.0% |
| Lots Sold | 331 | 332 | -0.3% |
| Percent Sold | 75.7% | 74.4% | 1.7% |
| Total Raised | £31,538,053 | £37,041,895 | -14.9% |
| Residential | |||
|---|---|---|---|
| November 2011 - January 2012 | November 2010 - January 2011 | Increase | |
| Lots Offered | 344 | 376 | -8.5% |
| Lots Sold | 270 | 284 | -4.9% |
| Percent Sold | 78.5% | 75.5% | 4.0% |
| Total Raised | £21,607,003 | £24,415,045 | -11.5% |
| Commercial | |||
|---|---|---|---|
| November 2011 - January 2012 | November 2010 - January 2011 | Increase | |
| Lots Offered | 93 | 70 | 32.9% |
| Lots Sold | 61 | 48 | 27.1% |
| Percent Sold | 65.6% | 68.6% | -4.4% |
| Total Raised | £9,931,050 | £12,334,850 | -19.5% |
London
| Total | |||
|---|---|---|---|
| November 2011 - January 2012 | November 2010 - January 2011 | Increase | |
| Lots Offered | 437 | 545 | -19.8% |
| Lots Sold | 357 | 425 | -16.0% |
| Percent Sold | 81.7% | 80% | 2.1% |
| Total Raised | £103,633,600 | £142,236,501 | -27.1% |
| Residential | |||
|---|---|---|---|
| November 2011 - January 2012 | November 2010 - January 2011 | Increase | |
| Lots Offered | 375 | 460 | -18.5% |
| Lots Sold | 312 | 356 | -12.4% |
| Percent Sold | 83.2% | 77.4% | 7.5% |
| Total Raised | £81,805,500 | £93,125,000 | -12.2% |
| Commercial | |||
|---|---|---|---|
| November 2011 - January 2012 | November 2010 - January 2011 | Increase | |
| Lots Offered | 62 | 86 | -27.9% |
| Lots Sold | 45 | 69 | -34.8% |
| Percent Sold | 72.6% | 80.2% | -9.5% |
| Total Raised | £21,828,100 | £49,111,501 | -55.6% |
North-East
| Total | |||
|---|---|---|---|
| November 2011 - January 2012 | November 2010 - January 2011 | Increase | |
| Lots Offered | 561 | 645 | -13.0% |
| Lots Sold | 403 | 292 | 38.0% |
| Percent Sold | 71.8% | 45.3% | 58.5% |
| Total Raised | £33,762,974 | £22,874,043 | 47.6% |
| Residential | |||
|---|---|---|---|
| November 2011 - January 2012 | November 2010 - January 2011 | Increase | |
| Lots Offered | 520 | 607 | -14.3% |
| Lots Sold | 374 | 271 | 38.0% |
| Percent Sold | 71.9% | 44.6% | 61.2% |
| Total Raised | £28,971,974 | £20,258,043 | 43.0% |
| Commercial | |||
|---|---|---|---|
| November 2011 - January 2012 | November 2010 - January 2011 | Increase | |
| Lots Offered | 41 | 38 | 7.9% |
| Lots Sold | 29 | 21 | 38.1% |
| Percent Sold | 70.7% | 55.3% | 27.8% |
| Total Raised | £4,791,000 | £2,616,000 | 83.1% |
North-West
| Total | |||
|---|---|---|---|
| November 2011 - January 2012 | November 2010 - January 2011 | Increase | |
| Lots Offered | 1,120 | 821 | 36.4% |
| Lots Sold | 772 | 541 | 42.7% |
| Percent Sold | 68.9% | 65.9% | 4.6% |
| Total Raised | £65,244,725 | £53,010,226 | 23.1% |
| Residential | |||
|---|---|---|---|
| November 2011 - January 2012 | November 2010 - January 2011 | Increase | |
| Lots Offered | 876 | 665 | 31.7% |
| Lots Sold | 609 | 442 | 37.8% |
| Percent Sold | 69.5% | 66.5% | 4.5% |
| Total Raised | £40,377,104 | £37,142,426 | 8.7% |
| Commercial | |||
|---|---|---|---|
| November 2011 - January 2012 | November 2010 - January 2011 | Increase | |
| Lots Offered | 244 | 156 | 56.4% |
| Lots Sold | 163 | 99 | 64.6% |
| Percent Sold | 66.8% | 63.5% | 5.2% |
| Total Raised | £24,867,621 | £15,867,800 | 56.7% |
North-West Home Counties
| Total | |||
|---|---|---|---|
| November 2011 - January 2012 | November 2010 - January 2011 | Increase | |
| Lots Offered | 192 | 240 | -20.0% |
| Lots Sold | 139 | 177 | -21.5% |
| Percent Sold | 72.4% | 73.4% | -1.4% |
| Total Raised | £34,202,500 | £45,640,876 | -25.1% |
| Residential | |||
|---|---|---|---|
| November 2011 - January 2012 | November 2010 - January 2011 | Increase | |
| Lots Offered | 149 | 186 | -19.9% |
| Lots Sold | 106 | 137 | -22.6% |
| Percent Sold | 71.1% | 73.3% | -3.0% |
| Total Raised | £20,594,000 | £26,504,600 | -22.3% |
| Commercial | |||
|---|---|---|---|
| November 2011 - January 2012 | November 2010 - January 2011 | Increase | |
| Lots Offered | 43 | 54 | -20.4% |
| Lots Sold | 33 | 40 | -17.5% |
| Percent Sold | 76.7% | 74.1% | 3.5% |
| Total Raised | £13,608,500 | £19,136,276 | -28.9% |
Scotland
| Total | |||
|---|---|---|---|
| November 2011 - January 2012 | November 2010 - January 2011 | Increase | |
| Lots Offered | 253 | 167 | 51.5% |
| Lots Sold | 96 | 101 | -5.0% |
| Percent Sold | 37.9% | 60.5% | -37.4% |
| Total Raised | £8,977,955 | £10,113,720 | -11.2% |
| Residential | |||
|---|---|---|---|
| November 2011 - January 2012 | November 2010 - January 2011 | Increase | |
| Lots Offered | 196 | 134 | 46.3% |
| Lots Sold | 74 | 80 | -7.5% |
| Percent Sold | 37.8% | 59.7% | -36.7% |
| Total Raised | £5,341,555 | £4,970,120 | 7.5% |
| Commercial | |||
|---|---|---|---|
| November 2011 - January 2012 | November 2010 - January 2011 | Increase | |
| Lots Offered | 57 | 33 | 72.7% |
| Lots Sold | 22 | 21 | 4.8% |
| Percent Sold | 38.6% | 63.6% | -39.3% |
| Total Raised | £3,636,400 | £5,143,600 | -29.3% |
South-East Home Counties
| Total | |||
|---|---|---|---|
| November 2011 - January 2012 | November 2010 - January 2011 | Increase | |
| Lots Offered | 588 | 748 | -21.4% |
| Lots Sold | 447 | 540 | -17.2% |
| Percent Sold | 76% | 72.2% | 5.3% |
| Total Raised | £92,384,689 | £81,052,851 | 14.0% |
| Residential | |||
|---|---|---|---|
| November 2011 - January 2012 | November 2010 - January 2011 | Increase | |
| Lots Offered | 466 | 586 | -20.5% |
| Lots Sold | 357 | 419 | -14.8% |
| Percent Sold | 76.6% | 71.5% | 7.1% |
| Total Raised | £54,699,189 | £49,712,551 | 10.0% |
| Commercial | |||
|---|---|---|---|
| November 2011 - January 2012 | November 2010 - January 2011 | Increase | |
| Lots Offered | 122 | 152 | -19.7% |
| Lots Sold | 90 | 121 | -25.6% |
| Percent Sold | 73.8% | 79.6% | -7.3% |
| Total Raised | £37,685,500 | £31,340,300 | 20.2% |
South-West
| Total | |||
|---|---|---|---|
| November 2011 - January 2012 | November 2010 - January 2011 | Increase | |
| Lots Offered | 414 | 422 | -1.9% |
| Lots Sold | 285 | 309 | -7.8% |
| Percent Sold | 68.8% | 73.2% | -6.0% |
| Total Raised | £37,017,002 | £44,904,800 | -17.6% |
| Residential | |||
|---|---|---|---|
| November 2011 - January 2012 | November 2010 - January 2011 | Increase | |
| Lots Offered | 317 | 327 | -3.1% |
| Lots Sold | 211 | 232 | -9.1% |
| Percent Sold | 66.6% | 70.9% | -6.1% |
| Total Raised | £27,302,502 | £27,436,550 | -0.5% |
| Commercial | |||
|---|---|---|---|
| November 2011 - January 2012 | November 2010 - January 2011 | Increase | |
| Lots Offered | 97 | 95 | 2.1% |
| Lots Sold | 74 | 77 | -3.9% |
| Percent Sold | 76.3% | 81.1% | -5.9% |
| Total Raised | £9,714,500 | £17,468,250 | -44.4% |
Wales
| Total | |||
|---|---|---|---|
| November 2011 - January 2012 | November 2010 - January 2011 | Increase | |
| Lots Offered | 358 | 398 | -10.1% |
| Lots Sold | 253 | 271 | -6.6% |
| Percent Sold | 70.7% | 68.1% | 3.8% |
| Total Raised | £22,319,783 | £20,091,898 | 11.1% |
| Residential | |||
|---|---|---|---|
| November 2011 - January 2012 | November 2010 - January 2011 | Increase | |
| Lots Offered | 282 | 329 | -14.3% |
| Lots Sold | 200 | 226 | -11.5% |
| Percent Sold | 70.9% | 68.7% | 3.2% |
| Total Raised | £15,553,949 | £14,856,103 | 4.7% |
| Commercial | |||
|---|---|---|---|
| November 2011 - January 2012 | November 2010 - January 2011 | Increase | |
| Lots Offered | 76 | 69 | 10.1% |
| Lots Sold | 53 | 45 | 17.8% |
| Percent Sold | 69.7% | 65.2% | 6.9% |
| Total Raised | £6,765,834 | £5,235,795 | 29.2% |
West Midlands
| Total | |||
|---|---|---|---|
| November 2011 - January 2012 | November 2010 - January 2011 | Increase | |
| Lots Offered | 630 | 567 | 11.1% |
| Lots Sold | 470 | 362 | 29.8% |
| Percent Sold | 74.6% | 63.8% | 16.9% |
| Total Raised | £48,902,750 | £37,837,150 | 29.2% |
| Residential | |||
|---|---|---|---|
| November 2011 - January 2012 | November 2010 - January 2011 | Increase | |
| Lots Offered | 517 | 476 | 8.6% |
| Lots Sold | 387 | 305 | 26.9% |
| Percent Sold | 74.9% | 64.1% | 16.8% |
| Total Raised | £32,322,700 | £25,432,650 | 27.1% |
| Commercial | |||
|---|---|---|---|
| November 2011 - January 2012 | November 2010 - January 2011 | Increase | |
| Lots Offered | 113 | 91 | 24.2% |
| Lots Sold | 83 | 57 | 45.6% |
| Percent Sold | 73.5% | 62.6% | 17.4% |
| Total Raised | £16,580,050 | £12,404,500 | 33.7% |
Yorkshire and The Humber
| Total | |||
|---|---|---|---|
| November 2011 - January 2012 | November 2010 - January 2011 | Increase | |
| Lots Offered | 708 | 608 | 16.4% |
| Lots Sold | 521 | 429 | 21.4% |
| Percent Sold | 73.6% | 70.6% | 4.2% |
| Total Raised | £45,340,180 | £42,679,585 | 6.2% |
| Residential | |||
|---|---|---|---|
| November 2011 - January 2012 | November 2010 - January 2011 | Increase | |
| Lots Offered | 606 | 518 | 17.0% |
| Lots Sold | 445 | 370 | 20.3% |
| Percent Sold | 73.4% | 71.4% | 2.8% |
| Total Raised | £34,887,055 | £27,269,425 | 27.9% |
| Commercial | |||
|---|---|---|---|
| November 2011 - January 2012 | November 2010 - January 2011 | Increase | |
| Lots Offered | 102 | 90 | 13.3% |
| Lots Sold | 76 | 59 | 28.8% |
| Percent Sold | 74.5% | 65.6% | 13.6% |
| Total Raised | £10,453,125 | £15,410,160 | -32.2% |
Your Comments
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