George_Condo_July2022 (Cover – Framed)

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George Condo: Artist Market Report Update – July 2022

  • Analyst: James Cocksey
  • Pages: 30
  • Access: Analyst Pro

Auction sales growth slows down in the first half of the year, after a record-breaking 2021. Where is the market heading next?

The auction market for George Condo saw a record year in 2021, with total auction sales of $55.2 million (up 34% from 2020). As we move into the second half of 2022, total sales are currently $23.7 million, showing a modest 3% year-on-year increase during the first six months of the year..

Condo’s exhibition activity has been strong during the past decade with an overall average of 9 shows each year between 2012 and 2021 and with institutional exhibitions representing 52% of total shows in this period. But in recent years, Condo’s exhibition activity has been slowing down. Overall, his total exhibition volume has fallen to only 4 shows in 2021 (down from 7 shows in 2020) and currently has one group show in the pipeline for 2022, at Skarstedt in Paris.

However, the short-term sentiment in the Condo market remains strongly positive, with the short-term Confidence Indicator in July 2022 showing a reading of 83 (any level above 50 signals that there is more positive than negative sentiment among experts surveyed).

This report is an update to the inaugural Condo report we published in September 2020.

George Condo Background and Timeline
New Feature: George Condo Artist Ecosystem
Exhibition Analysis 2000-2022
Confidence Analysis 2007 – 2022
Auction Analysis 2000-2022: overall auction data, top prices, and artwork analysis
New Feature: ArtForecaster Sentiment 


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