Commercial real estate data platform and marketplace Crexi reported the highest quarterly deal volume in the history of Crexi Auction in the fourth quarter of 2025.
During the quarter, Crexi Auction generated $496 million in total listings across 207 properties. In addition, Q4 included six auction events spanning retail, industrial, office and land asset classes. Auctions averaged 11 bids per property, signaling strong buyer engagement despite continued market uncertainty, according to the Marina Del Rey, Calif.-based company. The average time from listing to sale was 44 days.
“Q4 capped one of our strongest years to date and highlights the growing confidence sellers and buyers place in the auction model,” Sonya Bokano, vp of transactions at Crexi, said in a statement. “As we enter 2026, brokers are increasingly incorporating auctions across all asset classes, particularly in hospitality, as the market prioritizes speed, transparency and execution certainty.”
According to the company, sold auction transactions during the quarter spanned nearly every major commercial property type, with notable strength in land, multi-family, industrial and office assets. In total, Crexi conducted 26 auction events in 2025, generating $433 million in transaction volume.
Building on the momentum from 2025, land, multi-family, industrial and office assets are expected to remain areas of strong buyer interest. At the same time, the hospitality sector is showing renewed activity as pricing resets and narrowing bid-ask spreads bring sidelined capital back into the market, particularly for select-service, extended-stay and value-add hotel assets, according to the company.
