Three in four auctioned properties priced below €150,000, new data shows

According to data from ReDataset, the data and analytics arm of Resolute Cepal Greece, a total of 11,568 property auctions have already been scheduled through November 2026.

Three-quarters of these properties carry a starting bid price below €150,000, with the largest category comprising homes valued between €50,000 and €100,000.

The data also show that around 65% of the properties being auctioned are apartments, followed by detached houses. In addition, 435 entire residential buildings are expected to go under the hammer by November 2026.

In terms of property size, 25% of the homes fall within the 75–100 square metre range, while more than 50% are between 75 and 150 square metres.

Geographically, Athens accounts for the largest share of auctions, followed by Patras and Thessaloniki. High concentrations are also recorded in Rhodes, Piraeus, Larissa, Volos, and Heraklion, Crete.

According to ReDataset research, approximately 36,000 property auctions were carried out in 2025, compared to 35,700 in 2024 and 31,600 in 2023, reflecting a steady increase in market pressure. However, the success rate declined to 15.2%, from 19.3% in 2024, indicating that a significant number of properties fail to attract a buyer at the first attempt.

This decline is linked to a shift in investor preference toward cheaper and more commercially viable assets. Market data suggest that demand is now concentrated on properties priced below €100,000 and mid-sized apartments, while properties in more remote areas or of higher value often fail to attract interest.