ALT/FNDATA · Market Report
Q3 2025 Report: The Secondary Market for Luxury Handbags
Auction-realized prices and the luxury-equity backdrop
The year's quietest quarter eased further: September carried almost all of the value, Hermès took roughly 93% of it, and the very top held flat even as the aggregate softened, the barbell that would define the year already forming.
The headline
The correction in three numbers
−9%
Auction value, YoY
Q3 sold-auction value eased from $8.6M to $7.8M (−5% like-for-like)
$165,100
Top lot, level YoY
A matte alligator Hermès at Christie's; the 2024 top was $163,800
93%
Hermès share of value
$7.25M of $7.8M cleared, across 377 sold lots
Auction-realized prices: what luxury handbags actually sold for at the hammer, not asking prices. · 15M+ auction results · 850+ houses.
The read
What the data shows
ALT/FNDATA Q3 2025 report on the secondary market for luxury handbags: a quiet summer that eased further, $7.8M across 1,075 lots (−9% YoY, −5% like-for-like). September carried almost all the value, Hermès took roughly 93%, and the top lot held flat at $165,100. The luxury majors dispersed sharply (Kering +53%, Hermès −9%). Free headline data; full report by email.
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The headline data above is free to cite. The full report is part of ALT/FNDATA Membership, which includes every quarterly market report and the Visual Analytics Hub. Inside this report:
- The full month-by-month auction breakdown (July to September)
- The luxury-equity backdrop: the majors dispersed in Q3 2025
- Concentration: where capital actually cleared (Hermès and the flagship houses)
- Methodology and how to cite the data
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Source: ALT/FNDATA, “Q3 2025 Report: The Secondary Market for Luxury Handbags” (June 2026). Based on auction-realized prices for luxury handbags cleared at the auction houses ALT/FNDATA tracks, with public-market context from Q3 2025 luxury-equity performance. © 2026 ALT/FNDATA · altfndata.com/reports/luxury-handbag-market-report-q3-2025