The UK Property Market

The UK Property Market

Week 30 of 2025

✅ Listings (New to Market)
33.7k new listings this week (Up from 33k last week). 
YTD listings are 4.1% higher than 2024 YTD and 6.9% above the 2017–19 YTD average(1.10m YTD vs 1.06m in 2024 YTD)


✅ Price Reductions
22.7k reductions this week (down from 23.5k last week).
That’s still only 1 in 7.1 homes on the market being reduced monthly (14.1%)
For context:
• 14.1% in July, 14% in June & 13.4% in May
• 12.1% average in 2024
• Long-term 5-year average: 10.6%


✅ Sales Agreed
26.9k homes sold STC this week (up from 26k last week)
YTD agreed sales:
• 7.5% up on 2024 (796k vs 741k)
• 14.8% up on pre-Covid average of 695k (2017–19)


✅ Sell-Through Rate (July, in arrears)
15.4% of properties on the market went SSTC in July. 
Up from 15.3% in June. 16.1% in May
2024 average: 15.3%
8-year average: 17.9%
Takeaway - Sales are up, yet stock levels are up. Greater choice of homes for sale


✅ Sale Fall-Throughs
6,337 fall-throughs last week (from a 512k SSTC pipeline (units)).
Fall-thru rate as % of gross sales: 23.6% (down from 24.4% last week).
Slightly better than the long-term average of 24.2%, and far below post-Truss chaos levels (40%+)


✅ Net Sales
20.6k net sales this week (Up from 19.7k last week)
Weekly average for 2025: 20k
YTD Net Sales:
• 608k in 2025 which is 5.8% ahead of 2024 YTD figure of 574k and 10.6% up on 2017–19 YTD (551k)


✅ % Chance the Home will Sell
July stats showed 51.2% of UK Homes that left the estate agents books in exchanged & completed contracts (ie the agent got paid and the home moved on completion), the remaining 48.8% left Estate Agent books, unsold and homeowner staying in their home.  
Comparison 
Jun - 51.3%
May - 51.7%
April - 53.2%
NB - this July stat will change throughout August as more data comes through.


✅ Stock Levels (For Sale and Sales Pipeline) - 1st of the Month
763k homes on the market at the start of 1st August - 6.7% higher than 1st August 2024 (715k).
512k homes in Estate Agents sales pipelines on 1st August  - 4% higher than than 1st August 2024


✅ House Prices (measured by £/sq.ft)
£344.78/sqft on Sales Agreed in July 2025  - 1.97% higher than July 2024 and 3.85% higher than July 2022. 


✅ Rental Stats (in arrears)
July 2025 with an average rent of £1,876 pcm (July ’24 - £1,863 pcm) 
(YTD 2025 average is £1767 pcm).  


If you would like to chat about our local property market, feel free to email us on info@smeatonhomes.co.uk

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