"Considering the many factors currently within the wider global economy, all of which have the potential to affect the auctioneering profession, we have witnessed a strong first quarter during 2025"
- Stuart Collar-Brown - NAVA Propertymark
Propertymark’s Q1 2025 Auctions Barometer shows 56% of NAVA Propertymark members reported more lots exceeding their reserve price compared with the previous quarter.
Additionally, 76% of members said the number of lots meeting or exceeding their reserve price stayed the same or increased in Q1 2025 versus the last quarter of 2024.
The largest group surveyed (40%) indicated that the number of lots available across all auction types remained broadly steady between Q4 2024 and Q1 2025.
In-person viewings continue to lead the auction process, with 94% of members favouring them, according to the latest findings.
When asked about how auctions are conducted, 71% of members said online activity is the most popular method, while live streaming and traditional in-room auctions accounted for 47% and 35%, respectively.
Nathan Emerson, chief executive at Propertymark, noted, “It is massively encouraging to see the popularity of auctioneering continuing to show momentum, with the profession continuing a transformational push towards offering an even wider selection of targeted solutions that resonate with client demand.”
He added, “It is particularly pleasing to see that 72% of our members report that online methods of interaction are the most popular way to conduct their business. It is also positive to see that 24% of our members reported that lots had exceeded initial reserve prices, which is a true compliment to the ability that auctioneers have to deliver value to sellers.”
Stuart Collar-Brown, NAVA Propertymark president, commented, “Considering the many factors currently within the wider global economy, all of which have the potential to affect the auctioneering profession, we have witnessed a strong first quarter during 2025.”
He continued, “Across England and Northern Ireland, there was increased momentum as many people worked with urgency to both buy and sell stock before Stamp Duty threshold changes took effect. However, with interest rates gradually starting to track downwards, we expect to see a robust second quarter regarding property heading through the auctions system.”
