The UK Property Market Update for Week 44 of 2025

These are the UK Property Market stats for week 44 of 2025

 New Listings

  • 27.1knew properties came to market this week, down as expected from 27.5k last week.
  • 2025 weekly average: 35.6k.
  • 9 year week 44 average :28k
  • Year-to-date (YTD): 1.56mnew listings, 1.4% higher than 2024 YTD (1.54m) and 8.9% above the 2017–19 average (1.43m)

 Price Reductions

  • 18.5kreductions this week, slightly higher than last week’s at 18.3k.
  • Decrease in the number of homes on the market as 12.8% of resi homes for sale were reduced in October. Compared to Sept 14.1%, August 11.1%, July 14.1% in July and 14% in June.
  • 2025 average still remains at 13.2%, versus the five-year long-term average of 10.74%.

 Sales Agreed 

  • 22.5khomes sold subject to contract this week, down as expected from 23.5k last week.
  • Week 44 average (for last 9 years) :22.7k
  • 2025 weekly average : 26k.
  • YTD: 1.137m gross sales, which is 3.9% ahead of 2024 (1.096m) and 12.5% above the 2017–19 average (1.012m).

 Price Diff between Listings & Sales

  • Average Asking Price of listings last week£400k vs Average asking price of Sales Agreed (SSTC)– £362k  – a 10.6% difference (long term 9 year average is 16% to 17%)
  • The average listing price has dropped from £452k in Sept to £415k in October.. ie fewer expensive homes being listed

 Sell-Through Rate 

  • 15%of homes on agents’ books went SSTC in September. Up from 14.1% in Sept, 14.5% in Aug, 15.4% in July, 15.3% in June, and 16.1% in May.
  • Pre-Covid average: 15.5%.

 Fall-Throughs

  • 5,975fall-throughs last week (pipeline of 510k home Sold STC).
  • Weekly average for 2025: 6,182.
  • Fall-through rate: 26.5%, slightly up from 24.2% last week.
  • Long-term average: 24.2% (post-Truss chaos saw levels exceed 40%).

 Net Sales 

  • 16.6knet sales this week, down (as expected) from 18.2k last week.
  • Nine-year Week 44 average: 16.9k.
  • Weekly average for 2025: 19.7k.
  • YTD: 867k, which is 3.4% ahead of 2024 (839k) and 9.4% above 2017–19 (793k).

 Probability of Selling (% that Exchange vs withdrawal) 

  • Initial October Stats : 53.5%of homes that left agents’ books exchanged & completed in October. (Note this figure will change throughout the month as more October comes in)
  • September: 53.1% / August :55.8% / July: 50.9% / June: 51.3% / May: 51.7% / April: 53.2%.

 Stock Levels 

  • 742khomes on the market at the start of November, 2.4%% higher than November 2024. (725k)
  • Notable increases include 9% more homes for sale in London than 12 months ago (9.96% in Inner London & 9.03% in Outer London) & 5.48% in the South East and 5.02% in the South West. The North has seen a drop in homes for sale.
  •   511k homes in sales pipeline on the 1st November, 2.2% higher than 12 months ago.

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.