The number of residential properties offered at auction rose by 8.1% year on year in September, although the number sold fell slightly, according to data from EIG.

A total of 4,382 residential lots were offered at auction during the month, up from 4,053 in September 2025.

However, the number sold dipped by 1.1% from 2,905 to 2,873, while the proportion sold fell from 71.7% to 65.6%.

The total raised from residential auctions also dropped by 5.5% from £533.4m to £504.3m.

Despite the softer monthly figures, the annual numbers remained ahead of the previous year.

In the 12 months to September, the number of residential lots offered increased by 11.3% to 40,064, while the number sold rose by 9.1% to 27,303.

Across the auction market as a whole, 4,903 lots were offered in September, up 5.7% year on year, while sales volumes fell by 2.5%.

The national success rate eased to 65.9%, while the total raised dropped 12.8% to £593.7m.

Propertymark NAVA Advisory Panel member Matt Burrows says: “It is encouraging to see the continued growth in auction activity, with residential lots offered increasing by 11.3% and lots sold by 9.1% over the 12 months to September.

“However, the latest monthly results show that growth in supply is not being matched by sales, reinforcing the importance of realistic seller expectations and sound professional advice.

“Technology can support how we deliver our services, but professional judgement remains central to attracting buyer interest and achieving successful outcomes for sellers.”