UK PROPERTY MARKET
WEEK 30, 2025 (No Fluff, Just Facts) …
Listings: 33.7k new homes listed this week (↑ from 33k). YTD listings up 4.1% on 2024 and 6.9% above pre-Covid.
Price Reductions: 22.7k homes reduced this week. Still only 1 in 7 homes being dropped in price (14.1%).
Sales Agreed: 26.9k this week (↑ from 26k). YTD agreed sales up 7.5% on 2024, 14.8% on pre-Covid.
Fall-Throughs: 6,337 this week. Rate: 23.6% (improving, below long-term average).
Net Sales: 20.6k this week (↑ from 19.7k). YTD: 608k net sales — that’s 5.8% up on 2024.
Stock Levels: 763k homes for sale (↑ 6.7% YoY). 512k in sales pipelines (↑ 4% YoY).
Sell-Through Rate: 15.4% in July. Below long-term 8-year average (17.9%). More listings, but not all converting. Sharpen up.
£/sqft on Sold Homes (July): £344.78/sqft (↑ 1.97% YoY).
% of Homes That Actually Sell: July: Only 51.2% of homes listed go all the way to exchange & completion. The rest? Withdrawn 1 in 2 homes still don’t make it.
Rental Market: July avg rent: £1,876 pcm (↑ from £1,863 last July). YTD avg: £1,767 pcm.
Watch on YouTube (with commentary from the excellent Simon Gates)
https://lnkd.in/eUM_htnt
WEEK 30, 2025 (No Fluff, Just Facts) …
Listings: 33.7k new homes listed this week (↑ from 33k). YTD listings up 4.1% on 2024 and 6.9% above pre-Covid.
Price Reductions: 22.7k homes reduced this week. Still only 1 in 7 homes being dropped in price (14.1%).
Sales Agreed: 26.9k this week (↑ from 26k). YTD agreed sales up 7.5% on 2024, 14.8% on pre-Covid.
Fall-Throughs: 6,337 this week. Rate: 23.6% (improving, below long-term average).
Net Sales: 20.6k this week (↑ from 19.7k). YTD: 608k net sales — that’s 5.8% up on 2024.
Stock Levels: 763k homes for sale (↑ 6.7% YoY). 512k in sales pipelines (↑ 4% YoY).
Sell-Through Rate: 15.4% in July. Below long-term 8-year average (17.9%). More listings, but not all converting. Sharpen up.
£/sqft on Sold Homes (July): £344.78/sqft (↑ 1.97% YoY).
% of Homes That Actually Sell: July: Only 51.2% of homes listed go all the way to exchange & completion. The rest? Withdrawn 1 in 2 homes still don’t make it.
Rental Market: July avg rent: £1,876 pcm (↑ from £1,863 last July). YTD avg: £1,767 pcm.
Watch on YouTube (with commentary from the excellent Simon Gates)
https://lnkd.in/eUM_htnt
