The UK Property Market
Update for Week 32 of 2025
✅ Listings (New to Market)
32.2k new listings this week (Down as expected from 32.7k last week).
2025 weekly average : 36.6k
YTD listings are 3.5% higher than 2024 YTD and 7% above the 2017–19 YTD average (1.17m YTD vs 1.13m in 2024 YTD)
✅ Price Reductions
20.6k reductions this week (down from 21.8k last week - it is holiday season).
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
25k homes sold STC this week (the same as last week)
2025 weekly average : 26.5k
YTD agreed sales:
• 6.9% up on 2024 (846k vs 792k)
• 14.2% up on pre-Covid average of 741k (2017–19)
✅ Sell-Through Rate (July, in arrears)
15.4% of properties on agent’s books went SSTC in July.
Up from 15.3% in June. 16.1% in May
2024 monthly average: 15.3%
8-year overall average: 17.9%
✅ Sale Fall-Throughs
5,817 fall-throughs last week (from a 512k SSTC pipeline (units)).
Weekly average for 2025: 6,242
Fall-thru rate as percentage of gross sales: 23.2% (down from 24.4% last week).
The 9 year long-term average of 24.2% (post-Truss chaos saw that at levels of 40%+)
✅ Net Sales
19.3k net sales this week (Up from 19k last week)
Weekly average for 2025: 20.2k
YTD Net Sales:
• 647k in 2025 which is 5.7% ahead of 2024 YTD figure of 611k and 10.6% up on 2017–19 YTD (584k)
✅ % Chance the Home will Sell (month in arrears)
July stats showed 50.9% 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 49.1% 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.
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