Crexi Auction Delivers Record-Breaking Q3, Driving 57% YoY Growth

MARINA DEL REY, Calif., Oct. 16, 2025 /PRNewswire/ -- Crexi, a leading commercial real estate data platform and marketplace, today announced that Q3 2025 marked another major milestone for Crexi Auction, recording the highest volume of deals in the platform's history and a 57% year-over-year increase in revenue growth from Q3 2024. The quarter demonstrated broad market adoption, with strong participation from government, institutional, and private sellers.

Q3 featured seven auction events, with 145 properties. Total transaction volume reached $377 million in listings and properties averaged 7.2 bids per auction. The average time from listing to sale was 45 days, with a list-to-close timeline of 75 days.

"Our Q3 results show that Crexi Auction has become a core solution for sellers seeking liquidity, transparency, and speed in commercial real estate," said Sonya Bokano, VP of Transactions at Crexi. "From institutional investors to government agencies, our users are increasingly trusting our platform to deliver qualified buyers and efficient closings, and we look forward to carrying this record-setting momentum into Q4 and beyond."

Q3 2025 Performance Highlights:

• Record-Breaking Volume: 145 properties listed across seven auction events, totaling $119M in closed transactions, the highest volume in Crexi Auction history.
• High Market Confidence: 57% YoY increase from Q3 2024, signaling strong market confidence.
• Government Momentum: A government auction achieved a 77% success rate, totaling $39.65M, with one property drawing 67 bids alone. The next government auction for additional properties is set for October 27^th.
• High Buyer Engagement: Auctions averaged 7.2 bids per property, reflecting competitive demand and motivated buyers.
• Fast Transactions: Average 45 days from listing to sale, 75 days list-to-close, underscoring efficiency.

Sold auction transactions spanned nearly every major property type, with particular strength in land, multifamily, industrial, and office assets. Geographic hotspots included the East Coast, Chicago, and California, reflecting Crexi Auction's national reach.

Crexi Auction streamlines the sales process by offering a time-bound, competitive and transparent environment. The platform addresses common market concerns through pre-vetted buyers, verified cash terms, non-contingent deals, and the elimination of lengthy negotiation periods. Its white-glove service, expert auction specialists, and tailored marketing complement traditional brokerage efforts rather than replace them. In a market where assets are sitting longer, auctions offer a compelling solution to reach motivated buyers and accelerate timelines.

Since its 2019 launch, Crexi Auction has supported over $4.5 billion in assets and generated nearly $44 billion in submitted bids. From local retail centers to institutional-grade Class A assets, the platform has a proven track record of success and offers an expedited timeline of list-to-close in 75 days or less. Powered by AI-driven tools, deep auction expertise, and a robust end-to-end system, Crexi is redefining how commercial real estate is sold.

For more information on upcoming auction opportunities, visit https://www.crexi.com/auction-platform. 

About Crexi

Crexi is reimagining commercial real estate with an AI-powered platform built to deliver smarter, more efficient solutions at every stage of the deal lifecycle. From real-time data and market insights with Crexi Intelligence, to targeted property marketing and seamless deal management through Crexi PRO, and a transparent, time-bound bidding experience with Crexi Auction— Crexi enables users to evaluate opportunities, maximize exposure, and close with speed and confidence. To date, Crexi has facilitated over $1 trillion in transactions, 8.6 billion square feet leased, and supports a growing community of more than 2 million monthly active users.

Schedule a demo with the Crexi team and explore our products here.

Media Contact:
Allyse Sanchez
Senior Director, External Communications and Content Strategy
[email protected]

SOURCE Crexi