✅ New Listings
- 36.8knew homes came to market this week, up from 29.1k last week (post Bank Holiday effect).
- 2025 weekly average: 36.2k.
- Year-to-date (YTD): 1.27mnew listings, 3.3% higher than 2024 YTD and 10.7% above the 2017–19 average.
✅ Price Reductions
- 25.7kreductions this week, up from 17.5k last week.
- Only 11.1%of homes were reduced in August, compared with 14.1% in July and 14% in June.
- 2025 average so far: 13.1%, versus the five-year long-term average of 10.7%.
✅ Sales Agreed
- 24.9khomes sold subject to contract this week, up from 21.3k last week.
- Weekly average for 2025: 26.2k.
- YTD: 918k, which is 6.3% ahead of 2024 and 13.7% above the 2017–19 average.
✅ Sell-Through Rate
- 14.5%of homes on agents’ books went SSTC in August.
- Down from 15.4% in July, 15.3% in June, and 16.1% in May.
- Pre-Covid average: 15.5%.
✅ Fall-Throughs
- 6,408fall-throughs last week (pipeline of 510k home Sold STC).
- Weekly average for 2025: 6,212.
- Fall-through rate: 25.8%, up from 24.1% last week.
- Long-term average: 24.2% (post-Truss chaos saw levels exceed 40%).
✅ Net Sales
- 18.5knet sales this week, up from 16.2k last week.
- Nine-year Week 35 average: 16.9k.
- Weekly average for 2025: 20k.
- YTD: 700k, which is 5.3% ahead of 2024 (665k) and 10.1% above 2017–19 (636k).
✅ Probability of Selling (% that Exchange vs withdrawal)
- Preliminary August: 54.9%of homes that left agents’ books exchanged & completed.
- July: 50.9% / June: 51.3% / May: 51.7% / April: 53.2%.
✅ Stock Levels (1st of Month)
- 736khomes on the market at the start of September, 6.7% higher than Sept 2024.
- 510khomes in pipelines, 3.4% higher than August 2024.
✅ House Prices (£/sq.ft)
- August 2025 agreed sales averaged £338.78 per sq.ft.
- 1.41% higher than August 2024, and 14.25% higher than August 2020.
If you would like to chat about our local property market, feel free to DM us.