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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