Week 20 proved the UK housing market still has momentum.
27,197 homes sold STC last week, well above the long term Week 20 average, despite a second Bank Holiday month slowing normal routines. Buyers are still active and year to date sales remain ahead of 2024. But supply continues to surge.
Almost 40,000 new homes hit the market last week, keeping available stock levels above 730,000 homes nationwide. Buyers now have more choice than they have had for years and that changes seller behaviour completely.
This remains a market where presentation and pricing matter more than ever.
Only 14.6% of homes on the market found a buyer in the last month, while 13.1% reduced their asking price. Too many sellers are still chasing yesterday’s price instead of today’s market.
The encouraging news is values remain firm.
The average UK home sold STC last week at £368k and £358 per sq ft, both holding broadly in line with 2025 averages.
Bottom line? Buyers are out there. Homes are selling. But sellers who ignore competition are simply becoming the benchmark that makes correctly priced homes look irresistible.