Houston hits US$55+ million

Auction Results Comments

Houston auction aerial

13,200+ bidders from 57 countries

Ritchie Bros. was back in Houston, TX last week to sell 4,650+ equipment items and trucks for 675 consignors, generating US$55+ million in gross transaction value.

Our November 9 – 11, 2021 auction attracted 13,200+ bidders from 57 countries. Approximately 88% of the equipment was sold to U.S. buyers, including 41% sold to Texans, while the remaining 12% was purchased by international buyers from as far away as Germany, Egypt, and Thailand. Leading up to the auction, we saw a 33% increase in online equipment views per lot, while watchlists per lot were up 89%.

“We held an excellent auction last week in Houston, with both bidder registrations and GTV up year over year,” said Chuck Roberson, Regional Sales Manager, Ritchie Bros. “Leading up to the event we safely welcomed thousands of interested bidders to our site to inspect and test items in person, resulting in a ton of competition and strong pricing for nearly every asset category.”

Mr. Roberson continued, “We would like to thank all the consignors and buyers who participated in our Houston auctions in 2021. We have one more Fort Worth event December 7 – 10, as well as a ton of online buying and selling opportunities with IronPlanet, Marketplace-E, and Ritchie List. Now is a great time to sell—contact us to consign your surplus equipment today.”

Five Big Sellers from Houston

2019 Caterpillar 815K compactor – US$485,000

Compactors for sale at Ritchie Bros.

2002 Grove GMK5240 240-ton 10x8x10 all-terrain crane – US$325,000

Cranes for sale at Ritchie Bros.

2015 Caterpillar D8T dozer – US$295,000

Dozers for sale at Ritchie Bros.

2016 Case IH 580 Quadtrac MFWD tractor – US$240,000

Tractors for sale at Ritchie Bros.

2020 Kenworth T680 sleeper truck tractor – US$167,500

Trucks for sale at Ritchie Bros.

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