City Analysis
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Predict auction event success with data-driven insights • Custom built for Auction Events
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This formula was developed through rigorous analysis of 376 auction events in 2016-2025.
We uncovered a shocking truth: one single factor determines 73% of event success - attracting at least one "whale" buyer who spends $80,000-$150,000+. Cities with optimal demographics show a 30% whale appearance rate, while poor demographics drop to under 5%.
💡 Key Insight: With a whale buyer, even 8 total buyers can generate $180,000. Without one, even 23 buyers typically cap at $100,000.
Success Score = (Age × 30%) + (Income × 25%) + (Distance × 15%) + (Homeownership × 15%) + (Whale Type × 15%)
The single most predictive factor. Peak auction buyers are either building wealth (38-45) or enjoying retirement (60-70).
Sweet spot is $100k-$140k. Too low = no money. Too high = they buy retail, not auctions.
20-40 miles creates a "destination event" feel. Morgan Hill (35 mi) and Orange (30 mi) prove this pattern.
High ownership = stable residents who buy art for their homes, not temporary apartments.
Historical data shows certain communities have dramatically higher whale concentrations:
Our top-performing events prove the formula works:
The Bottom Line: This formula identifies cities where wealthy buyers congregate, have disposable income, and view auctions as entertainment. It's not about population size or general wealth - it's about finding the perfect storm of age, income, distance, and community type that creates whale buyers.