Prices are softening, but auction competition isn’t

April’s results highlight a clear shift in auction dynamics: buyers are more price-sensitive, yet bidding strength remains firm.

Following March’s momentum, sellers are adjusting expectations more quickly, with higher levels of price reductions and slightly softer achieved prices month-on-month, reflecting how affordability pressures are influencing pricing strategy at the point of instruction.

In April, properties sold for an average of 22.32% above guide price—more than double March—showing how rapidly competition builds once properties are correctly positioned for auction.

The takeaway is simple: while pricing conditions are shifting, auctions continue to create urgency, drive competition, and deliver strong outcomes for auctioneers who get the strategy right.

For more information about All Wales Auction, get in touch:

01248753939 / northwales@allwalesauction.com