A 1H25 Art Market Wellness Check

Christie's Auction
Indeed, there was a slight improvement in auction sales in the first half of 2025: The total crept up to $2.37 billion, from $2.36 billion in the second half of 2024, per ARTDAI. Photo: Courtesy of Christie's
Marion Maneker
July 9, 2025

The last time I got my hands on ARTDAI’s breakdown of the sales data from Phillips, Sotheby’s, and Christie’s following the second half of 2024, we saw some very subtle indications that the art market was beginning to heal. Now, after reviewing the company’s compilation of auction sales for the first half of 2025, I see even more encouraging signs—even if they are largely imperceptible. I know that the first half of this year didn’t feel like a marked uptick, but I can tell you now that the market has indeed continued to recover and stabilize. Auction sales may not be growing, but they’re also not falling further, which is evidence of strength in this economic and political environment.

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