Core Insights - The national judicial auction market in January exhibited characteristics of "high listings, low clearances, stable prices, and slow volume" with residential properties remaining the main focus of the market [1][4] Summary by Category Overall Market Performance - In January, a total of 105,000 properties were listed for auction nationwide, a year-on-year increase of 3.6% - The final transaction volume reached 16,000 properties, up 2.0% year-on-year - The clearance rate was 14.9%, with a total transaction value of 21.59 billion yuan, down 3.4% year-on-year - The average transaction price was 5,204 yuan per square meter, a decrease of 2.7% year-on-year, with an average discount rate of 71% [1][4] Residential Properties - The number of residential properties listed for auction was 46,000, a year-on-year decrease of 3.5% - The number of residential properties sold was 11,000, a year-on-year increase of 17.2% - The total transaction value for residential properties was 11.71 billion yuan, down 6.5% year-on-year - The average transaction price for residential properties was 7,628 yuan per square meter, a year-on-year decrease of 17.2% [8][11] Commercial Properties - The number of commercial properties listed was 12,500, with 2,500 sold, resulting in a total transaction value of 5.69 billion yuan, accounting for 26.3% of total transactions [4][5] Land and Other Property Types - Approximately 109 land parcels were sold for about 1.17 billion yuan, making up 5.4% of total transaction value - Industrial properties generated a transaction value of 2.28 billion yuan, while parking spaces and garages accounted for 170 million yuan [4][5] City-Level Insights - In first-tier cities, 795 residential properties were sold for a total of 2.94 billion yuan, with an average price of 28,121 yuan per square meter - In second-tier cities, 4,403 residential properties were sold for a total of 4.7 billion yuan, with an average price of 8,528 yuan per square meter - In third and fourth-tier cities, 5,736 residential properties were sold for a total of 4.06 billion yuan, with an average price of 4,742 yuan per square meter [11][12]