Well, it’s official, the 2025 auction season has kicked off and, with mixed results.
Interest rates are finally heading in the right direction & I’m confident as they potentially drop further, this will instill greater buyer confidence. Overall stock levels were down on the same time last year, and certain price points such as the 1M – 1.5M performed exceptionally well, in comparison to say the 2M – 2.5M which was a little patchy.
Moreover, as you can see in our February Stats, those owners who chose Auction as their method of sale benefited greatly, with 72% of property that sold on the day of it’s auction, sold for on average, an impressive 6% above reserve.
Furthermore, we are now taking bookings for March & April, so if you do have any auctions coming up, we’d love to partner with you. Make sure you get your properties booked in now to secure your preferred date, time & venue.
Wether you’re about to book an auction or you just want to find out more information on how auctioning your property is beneficial for you, get in touch and we can help you secure the best possible price for your prized asset.