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).
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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