The UK Property Market

The UK Property Market

Update for Week 25 of 2025

✅ Listings (New to Market)
36,700 new listings this week (↓ from 37.7k last week)
YTD listings are 5% higher than 2024 and 7.6% above the 2017–19 average
(930.1k YTD vs 889k in 2024)

 

✅ Price Reductions
26,700 reductions this week (↓ slightly from 26.8k)
That’s 1 in 7.1 homes on the market being reduced monthly (14%)
For context:
• 13.4% in May
• 12.1% average in 2024
• Long-term 5-year average: 10.6%

 

✅ Sales Agreed
27,500 homes sold STC this week (↓ from 28.3k last week)
YTD agreed sales:
• 8% up on 2024 (664k vs 615k)
• 15.6% up on pre-Covid average (575k in 2017–19)

 

✅ Sell-Through Rate (May, in arrears)
16.1% of properties on the market went SSTC in May
That’s up from 15.36% in April
2024 average: 15.3%
8-year average: 17.9%

 

✅ Sale Fall-Throughs
6,529 fall-throughs last week (from a 479k SSTC pipeline)
Fall-through rate as % of gross sales: 23.7% (up from 23.2%)
Still better than the long-term average of 24.2% and far below post-Truss chaos levels (40%+)

 

✅ Net Sales
21,000 net sales this week (↓ from 21.7k)
Weekly average for 2025: 20k
YTD Net Sales: 509k in 2025 which is +6% higher than 2024 YTD (480k)and +11.1% higher than 2017–19 YTD (458k)


If you would like to chat about our local property market, feel free to drop us a line on 01752 222060 or email us on info@smeatonhomes.co.uk
Please also feel free to visit our website at smeatonhomes.co.uk


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