Contemporary Auction Sales Fell 27 Percent in 2024: HAT 100 Report

While speculative sales of contemporary artworks and works by young artists fell in 2024, women artists, lower-value works, and sales in New York rose, according to the 2025 edition of the Hiscox Artists Top 100 (HAT 100) report.In 2024, sales of contemporary artworks fell 27 percent, to $698 million in 2024. That figure is down from the $956 million reported in 2023. Flipping appears to have fallen out of favor, with total sales of “wet paint” artworks (ones sold at auction within t