AUCTION INSIGHTS Ray White’s bidder activity data reveals the competitive dynamics driving current market conditions, with registered bidders averaging 4.5 per auction in July 2025 and active bidders maintaining approximately 3.0 per property. This represents a recovery from the pandemic lows of 2019 and demonstrates sustained buyer engagement despite interest rate uncertainties. The gap between registered and active bidders highlights the selective nature of current market participation, with buyers carefully evaluating opportunities in the constrained supply environment. The current bidder levels reflect the competitive tension created by limited listing volumes across most markets. While below the exceptional peaks witnessed during 2021-2022’s ultra-low rate environment, the consistent 4.5 registered bidders per auction demonstrates healthy competition that supports the elevated clearance rates observed throughout 2025. With anticipated rate cuts expected to stimulate additional buyer activity, these bidder metrics provide a foundation for potentially intensifying auction competition in the months ahead.
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