Essential Auction News
Welcome to the September newsletter that looks back at auction activity in August and preceding periods.
That being said, one swallow doesn't make a summer, and the notable falls witnessed in June and July are still prevailing as evidenced in the rolling quarterly figures.
Overall Statistics - August 2018
Auctions Held in the UK 51
Total Lots Offered 1,031
Total Lots Sold 742
Percent Sold 72%
Total Realised £76,511,646
National Auction Analysis
The vast majority of the 1,031 lots offered last month were residential lots, and these saw increases of 21% on last year - from 801 to 970 lots. Residential sales climbed 24%, from 568 lots to 703 lots, whilst residential market revenues gained £10M on last year - a rise of 15%.
A word from the editor:
As ever I would welcome any comments or feedback you may have regarding the newsletter or indeed the wider market in general.