The Art Market in 2024

All the relevant data surrounding the Fine Art & Decorative Art markets
Last Updated:

Global Snapshot

Past Year
-65%
YOY Change
The difference in total sold art for the same period year-to-date.
Sell-Through Rate
How many of offered lots were sold.
Below $100K
$100K — $1M
Above $1 Million
Sold Lots
The percentage of all sold lots by price segment.
Hong Kong
2,297,591,790 USD
Total aggregated auction sales.
Pablo Picasso

Spanish | 1881 - 1973

Total sales
past 12 months (USD):
$402,748,369
VS Previous Year: 100%
See Artist Performance
Wang Meng

Chinese | 1308 - 1385

Total sales
past 12 months (USD):
$40,420,284
VS Mid-Estimate: 99%
See Artist Performance
Domenico di Pace Beccafumi

Italian | 1486 - 1551

Total sales
past 12 months (USD):
$6,792,108
VS Previous Year: 99%
See Artist Performance
GET CUSTOMIZED REPORTS

We provide market data for the press. Contact us for more information.

Breakdown

Past Year

Total Auction Sales

Category USD Vs Last Year
Post-War & Contemporary 3.6B -35%
Impressionist & Modern Art 2.2B -39%
Asian Modern & Contemporary 1.4B -10%
Old Masters 453.3M -35%
19th Century 361.5M -68%
Region USD Vs Last Year
Europe 4.9B -36%
United States & Canada 2B -35%
Asia 1.8B -3%
Middle East & Africa 181.1M +23%
Central and South America 144.9M -12%
Medium USD Vs Last Year
Painting 6B -33%
Works on Paper 1.4B -11%
Sculpture 845.2M -42%
Prints & Graphic Art 426.3M -15%
Architecture & Design 198.3M -31%
Location USD Vs Last Year
United States & Canada 3.5B -49%
Europe 2B -10%
UK 1.8B -5%
Rest of World 1.4B -23%
China 599.9M +28%

Top Auction Houses

Auction House:
Upper East Side | New York | USA
Offered Lots: 2709
Sell-Through Rate: 81%
Total Sold Value: 717,015,860 USD
Auction House:
Midtown | New York | USA
Offered Lots: 3375
Sell-Through Rate: 69%
Total Sold Value: 269,270,617 USD
Auction House:
London | UK
Offered Lots: 1055
Sell-Through Rate: 74%
Total Sold Value: 176,379,105 USD
Auction House:
Hong Kong | Hong Kong
Offered Lots: 906
Sell-Through Rate: 80%
Total Sold Value: 165,921,782 USD

Latest Art Market Analysis

Kejia Wu on the Modern History of China’s Art Market
MutualArt
Whitney Biennial: A Moment for Abstraction in “American” Art
Facing the Facts on The Art Basel & UBS Art Market Report 2024
MutualArt
London Sales Report: Cautious Sentiment Sets Tepid Tone for 2024
MutualArt
See all

Artist Performance

Andy Warhol

American | 1928 - 1987

Andy Warhol was an American Postwar & Contemporary artist who was born in 1928. His work is currently being shown at multiple venues like Guggenheim Bilbao. Numerous key galleries and museums such as Fondation Beyeler, Basel have featured Andy Warhol's work in the past.Andy Warhol's work has been offered at auction multiple times, with realized prices ranging from 5 USD to 195,040,000 USD, depending on the size and medium of the artwork. Since 1998 the record price for this artist at auction is 195,040,000 USD for Shot Sage Blue Marilyn, sold at Christie's New York in 2022. Andy Warhol has been featured in articles for ARTnews, FAD Magazine and ArtDaily. The most recent article is Younger Buyers Are Entering the Art Market. It’s Anyone’s Guess What They Want. written for The Wall Street Journal in May 2024. The artist died in 1987.

Change in Total Sales,
Number of Lots Offered and Sold

Sold Lot Performance Against Estimate

SEE SAMPLE ARTIST
See the art world clearly

Sign up to MutualArt for all the latest in the art world, including upcoming auctions, exhibitions and press coverage for the artists you love - straight into your inbox.

GET STARTED
Sign in to MutualArt.com