Avery Singer's 2018 painting Kundry has sold at Sotheby's Contemporary Curated sale in New York for $243,200 including fees, after hammering at $190,000 — a fraction of what the work fetched just four years ago. In 2022 the same canvas changed hands at Sotheby's New York for $2.1 million, making the latest result a 91 percent decline in value over four years. The painting, which shows a gridded interior with a robotic figure, had been estimated at $600,000 to $800,000 going into the sale. The result caps a difficult chapter for the work's market history. An earlier attempt to sell the painting in May 2025, carrying a $1.4 million to $1.8 million estimate, was withdrawn before the auction after bidding failed to reach the reserve. This time the consignor accepted a lower position, and the painting sold well beneath even its reduced estimate. Singer, 39, remains one of the most closely watched painters of her generation, known for airbrushed compositions built from digital-looking grids. Her auction market peaked in 2021, when total sales hit $21.5 million and her large-scale Happening set a personal record of $5.3 million, according to the Artnet Price Database. Since then the secondary market for ultra-contemporary work has cooled sharply: last year only a single Singer painting appeared at auction, selling for $63,777. The contrast with the primary market could hardly be starker. Hauser & Wirth, which represents the artist, continues to place new works at far higher levels — the gallery reported selling a painting for $575,000 at Art Basel Hong Kong in March and another for $800,000 at last year's Frieze London. For market watchers, Kundry's trajectory illustrates the gap that can open between gallery prices and auction resale for once-sizzling young artists.