✅ New Listings
- 29.3k new properties came to market this week, down as expected from 31.2k last week
- 2025 weekly average: 35.8k
- Nine year week 42 average :31.5k
- Year-to-date (YTD): 1.50m new listings, 1.7% higher than 2024 YTD (1.48m) and 9% above the 2017–19 average (1.38m)
✅ Price Reductions
- 21.3k reductions this week, lower as expected, than last week’s at 23.2k.
- Increase in the number of homes on the market being reduced in September to 14.1% (these stats are always done a month in arrears). In August, it was 11.1% (everyone must have been on holiday!), whilst it was 14.1% in July and 14% in June.
- 2025 average so far: 13.2%, versus the five-year long-term average of 10.74%.
✅ Sales Agreed
- 24.2k homes sold subject to contract this week, down as expected from 24.4k last week.
- Week 42 average (for last 9 years) :24.7k
- 2025 weekly average : 26k.YTD: 1.092m gross sales, which is 4.5% ahead of 2024 (1.046m) and 12.7% above the 2017–19 average (922k).
✅ Price Diff between Listings & Sales
- Average Asking Price of listings last week £401k vs Average asking price of Sales Agreed (SSTC) – £359k – a 11.7% difference (long term 9 year average is 16% to 17%)…
- Interestingly, the average listing price has dropped from £464k in the first 3 weeks of Sept to £420k in October.. ie cheaper homes are being listed
✅ Sell-Through Rate
- 14.1% of homes on agents’ books went SSTC in September. (October figures to follow in November)
- Down from 14.5% in Aug, 15.4% in July, 15.3% in June, and 16.1% in May.
- Pre-Covid average: 15.5%.
✅ Fall-Throughs
- 5,898 fall-throughs last week (pipeline of 510k home Sold STC).
- Weekly average for 2025: 6,210.
- Fall-through rate: 24.3%, slightly up from 24.2% last week.
- Long-term average: 24.2% (post-Truss chaos saw levels exceed 40%).
✅ Net Sales
- 18.3k net sales this week, down (as expected) from 18.5k last week.
- Nine-year Week 42 average: 18.4k.
- Weekly average for 2025: 19.8k.
- YTD: 832k, which is 3.8% ahead of 2024 (801k) and 9.5% above 2017–19 (760k).
✅ Probability of Selling (% that Exchange vs withdrawal)
- Final September Stats : 53.1% of homes that left agents’ books exchanged & completed in September.
- August :55.8% / July: 50.9% / June: 51.3% / May: 51.7% / April: 53.2%.
✅ Stock Levels
- 751k homes on the market at the start of October, 4% higher than October 2024. (723k)
- 510k homes in sales pipeline on the 1st October, 2% higher than 12 months ago.
✅ House Prices (£/sq.ft)
- September 2025 agreed sales averaged £336.54 per sq.ft.
If you would like to chat about our local property market, feel free to drop us a line on 01462 419329 or email us on info@leysbrook.co.uk.