Latest industry figures reveal a huge increase of 53% in properties sold under the hammer in January.
20th Feb 20260 341 1 minute read David Callaghan
Residential properties sold at auction leapt 53% on last year, the latest industry figures reveal.
Nearly 1,500 homes (1,462) went under the hammer successfully last month from more than 2,000 on offer, which was up 47.3% on the same time in 2025, according to the Essential Information Group (EIG).
The success rate improved to 67.6%, while total funds raised was up 56.7% at £269.7 million, which is impressive following a record 12 months last year.
Solid momentum
David Sandeman, Managing Director, EIG
David Sandeman, Managing Director at EIG, says: “January’s figures point to a market entering 2026 with solid momentum.
“Rising supply has been met by sustained demand, particularly for residential stock, while commercial buyers remain more selective,” he says.
“With volumes and values continuing to trend higher, the auction sector appears well positioned to build on the record levels achieved in 2025.”
These figures show that more sellers are turning to auction.”
Stuart Collar-Brown, President, NAVA Propertymark
Stuart Collar-Brown, President of NAVA Propertymark (National Association of Valuers and Auctioneers), says: “These figures show that more sellers are turning to auctions as a secure and time-certain way to achieve a quick sale.
“For those facing changing circumstances, such as relocating abroad, trying to secure a place for their child at their first choice of schools, or needing to move swiftly, auctions provide greater certainty and avoid many of the delays and fall-throughs often seen with traditional private treaty sales,” he says.
“At the same time, buyers and sellers are becoming more aware that auction is simply another effective method of sale, rather than a last resort. As misconceptions fade, more people are recognising the transparency, competitive bidding and clear timelines that auctions offer.”
Pic courtesy: Allsop Auctions
More on auctions
Tagsonline auction property auction 20th Feb 20260 341 1 minute read David Callaghan Share Facebook X LinkedIn Share via Email
