Mid-Tier Art Market Thrives as $1M–$10M Sales Jump 20.8% in 2025

In 2025, the art market's strongest segment was the $1 million-to-$10 million range, achieving sales of $3.5 billion, reflecting a 20.8 percent rise from 2024. Despite a 30.6 percent decline from 2023 to 2024, this segment has shown resilience over the last ten years. Meanwhile, the $100,000-to-$1 million category, which excelled in 2024, recorded $3.2 billion in sales, marking a 6 percent increase. Sales of artworks exceeding $10 million surged by 36.1 percent to $2.3 billion, driven by high-value pieces at New York's November auctions. Conversely, the lower-end segments, including works priced under $10,000 and those between $10,000 and $100,000, saw less than a 1 percent annual increase, reflecting cautious buyer behavior. This information is sourced from the Artnet Intelligence Report: Year Ahead 2026.