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Home REAL ESTATE

What is currently happening in the UK property market?

Property Industry Eyeby Property Industry Eye
August 1, 2025
Reading Time: 8 mins read
in REAL ESTATE, UK&IRELAND
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Welcome to the 29th UK Property Market Stats Show of 2025.

This week, I’m joined by Bryan Mansell, boss of Gazeal, as we unpack the key headlines from the 29th week of 2025, ending Saturday 27th July 2025.

🔍 Key Market Stats – Week 29 of 2025

✅ Listings (New to Market)

33k new listings this week (Down from 34.3k last week)

YTD listings are 4.2% higher than 2024 YTD and 7% above the 2017–19 YTD average

(1.07m YTD vs 1.03m in 2024).

✅ Price Reductions

23.5k reductions this week (down from 25.6k last week)

That’s still only 1 in 7.1 homes on the market being reduced monthly (14.1%)

For context:
• 14% in June & 13.4% in May
• 12.1% average in 2024
• Long-term 5-year average: 10.6%.

✅ Sales Agreed

26k homes sold STC this week (down from 26.3k last week)

YTD agreed sales:
• 7.6% up on 2024 (769k vs 715k)
• 14.8% up on pre-Covid average of 670k (2017–19).

✅ Sell-Through Rate (June, in arrears)

15.3% of properties on the market went SSTC in June

That’s down from 16.1% in May
2024 average: 15.3%
8-year average: 17.9%.

✅ Sale Fall-Throughs

6,345 fall-throughs last week (from a 496k SSTC pipeline)

Fall-through rate as % of gross sales: 24.4% (down from 24.7% last week)

Slightly worse than the long-term average of 24.2%, yet far below post-Truss chaos levels (40%+).

✅ Net Sales

19.7k net sales this week (Down from 19.8k last week)

Weekly average for 2025: 20k

YTD Net Sales:
• 588k in 2025
• +5.8% on 2024 YTD (555k)
• +10.6% on 2017–19 YTD (532k).

✅ % Chance the Home will Sell

June stats showed 51.3% of UK Homes that left the estate agents books in June 2025, exchanged contracts (ie the agent got paid and the home moved on completion), the remaining 48.7% left Estate Agent books, unsold and homeowner staying in their home.

NB – this June stat will change throughout July as more dates comes through.

✅ Stock Levels (For Sale and Sales Pipeline) – 1st of the Month

758k homes on the market at the start of July – 8.3% higher than July 2024

496k homes in Estate Agents sales pipelines  – 4.9% than than July 2024.

✅ House Prices (measured by £/sq.ft)

£346.45/sqft on Sales Agreed in June 2025  – 2.46% higher than June 2024 and 1.48% higher than June 2022.

✅ Rental Stats

June 2025 with an average rent of £1,826 pcm (June ’24 figure £1,758)

✅Local Focus:

Truro

 

What is currently happening in the UK property market?

 

Read the orginal article: https://propertyindustryeye.com/what-is-currently-happening-in-the-uk-property-market-61/

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