realestate

Crexi Auction Hits Record Q3, Boosting 57% YoY Growth

Crexi announces Q3 2025 milestone: Crexi Auction hits record deal volume, up 57% YoY.

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rexi, the leading commercial‑real‑estate data platform, announced that its Q3 2025 auction segment hit a historic high, recording the largest deal volume ever and a 57 % year‑over‑year revenue increase from Q3 2024. Seven auction events showcased 145 properties, generating $377 million in listings and closing $119 million in sales. Each auction drew an average of 7.2 bids, with the average time from listing to sale at 45 days and a 75‑day list‑to‑close cycle.

    “Crexi Auction has become the preferred solution for sellers seeking liquidity, transparency, and speed,” said Sonya Bokano, VP of Transactions. “From institutional investors to government agencies, our platform is earning trust by delivering qualified buyers and efficient closings. We’re excited to carry this momentum into Q4.”

    Key highlights: record‑breaking volume of 145 properties, 57 % YoY growth, a government auction that closed 77 % of its inventory for $39.65 million, and a single property that attracted 67 bids. The next government auction is slated for October 27. Auctions covered land, multifamily, industrial, and office assets, with strong activity on the East Coast, Chicago, and California.

    Crexi Auction streamlines sales by offering a time‑bound, competitive, and transparent environment. The platform pre‑qualifies buyers, verifies cash terms, eliminates contingencies, and provides white‑glove service and expert marketing to complement traditional brokerage efforts. In a market where assets linger, auctions accelerate timelines and reach motivated buyers.

Crexi Auction hits record Q3, 57% YoY growth.