Core Viewpoint - The auction of a property in the Jiangnan Aoti area of Hangzhou highlights the active and resilient nature of the high-end second-hand housing market in this region, with significant interest and competitive bidding observed [4][6]. Group 1: Property Auction Details - A property with an area of 138.84 square meters in the Aoti area was auctioned starting at 7 million yuan, attracting approximately 25,000 views and 13 bidders, ultimately selling for 9.4 million yuan after 43 rounds of bidding [4]. - The actual transaction price per square meter, excluding the value of two parking spaces, is approximately 63,400 yuan [4]. - The property is part of the Junpin project, which was a popular lottery-based sale in previous years, with a total of over 1,000 units [4][6]. Group 2: Market Trends and Comparisons - The last opening of Junpin saw over 9,700 customer registrations for around 400 units, resulting in a low winning rate of 4.27%, triggering sales restrictions [6]. - Following the delivery of Junpin in June 2023, the trading of unrestricted units in the second-hand market has been active, with prices experiencing fluctuations [8]. - In July 2023, a different unit in Junpin sold for 6.36 million yuan, reflecting a lower-than-expected price due to its location on the first floor and the recent delivery of the property [8]. - By August 2023, the average transaction price for Junpin units had rebounded to approximately 60,600 yuan per square meter, with 64 units listed for sale [10].