In this week’s UK Property Market Stats show, I am joined by Simon Gates to review the latest housing market data for the week ending 8 March 2026.
The programme also examines estate and letting agency performance in Maidenhead, using industry data and software tools to compare results and demonstrate how agents can use evidence-based insights to justify their fees and win more instructions.
Even if you’re not from Maidenhead and you are an agent who is suffering from overvaluing or cheap fees by your competitors, we are going to be using a bit of software that you can use yourselves to stop losing listings by proving that you are the better agent and enable you to charge higher fees.
Headlines:
🟩 Listings YTD
322k new properties have come onto the market YTD , 1% ahead of 2025, 9% above 2024, and 20% higher than the 2017–19 average.
🟩 Gross Sales YTD
219k UK homes sold STC YTD , 5.7% lower than 2025, 9% higher than 2024 and 18% above pre Covid norms.
🟩 Net Sales YTD
171k UK net home sales YTD (Net Sales being Gross sales less Fall Throughs). 4.5% lower than 2025, 8.6% ahead of 2024, 25.3% ahead of 2023 and 15% above the 2017–19 average.
🟥 Overvaluing
47.5% of the homes that left UK Estate Agents books in February were withdrawn unsold. Main cause – blatant overvaluing supported by long sole agency agreements of 20+ weeks.
Detailed Breakdown …
✅ New Listings
+ 40.2k new properties came onto market this week (up as expected & inline with wk 9 long term trends) from 36.8k last week.
+ 2025 weekly average: 30.6k.
+ 10-year week 9 average : 35.3k.
✅ Price Reductions
+ 25.5k reductions this week, up from 20.9k last week
+ 11.4% of resi homes for sale were reduced in February. Feb 25 – 12%. Feb 24 – 11.5%
+ 2025 average was 12.8%, versus the 6-year long-term average of 10.7%.
✅ Sales Agreed
+ 25.6k homes sold stc this week 9, down slightly from 26.6k last week.
+ Week 9 average (for last 10 years) : 25.9k
+ 2026 weekly average : 24.2k.
✅ Sell-Through Rate
+ 15.4% of homes on agents’ books went SSTC in February ’26. (Feb ’25 – 16.1% / Feb ’24 – 16.7%)
+ Pre-Covid average: 15.5%.
✅ Price Difference between Listings & Sales
+ 21.6% difference (long term 10 year average is 16% to 17%). (£439k ave Listing Ave Asking price vs £361k Sale Agreed ave. asking price).
✅ Fall-Throughs
+ 5,516 fall-throughs last week (pipeline of 434k home Sold STC).
+ Weekly average for 2025: 6,100.
+ Fall-through rate (Fall thru expressed as a % of the Gross sales that week): 21.5%, down from 19.9% last week.
+ Long-term average: 24.2% (post-Truss chaos saw levels exceed 40%).
+ 4.9% of all the sales agreed in Estate Agent’s Sales pipelines fell thru in February 2026. 2025 average – 5.3% & 10 year average – 5.8%).
✅ Net Sales
+ 20k Net Sales, up slightly from 21.3k last week
+ Ten-year Week 9 average: 20.7k.
+ Weekly average for 2026: 19k.
+ Weekly average for the whole of 2025: 18.8k.
✅Probability of Selling (% that Exchange vs withdrawal)
+ Feb ’26 Stats : 52.5% of homes that left agents’ books exchanged & completed in Feb. (Note this figure will change throughout the month as more Feb stats come in).
+ 57.6% is the 7 year average (which includes the crazy years post lockdown 18 months).
✅ House Prices (£/sq.ft)
+ February ’26 agreed sales averaged £343.36 per sq.ft. 2.3% higher than 12 months ago (£335.63) and 18.2% than 5 years ago (£290.43). The £/sqft at sale agreed matches the HM Land Registry Index with a 98% accuracy, 5 months in advance. That is why it is so important.
✅ Stock Levels
+ 682k homes on the market on the 1st of March ’26. (675k – 1st March 25)
+ 434k homes in agent’s sales pipeline on the 1st March 2026, slightly lower than 12 months ago on 1st March ’25 (444k).
✅ UK Rental Data
+ Average Rent in Feb 2026 – £1,711 pcm (£1,745 in Feb 25)
+ 305k UK Rental Stock available to rent in Feb 26 (310k in Feb 2025)
✅ Local Focus
Winchester
Read the orginal article: https://propertyindustryeye.com/what-is-currently-happening-in-the-uk-property-market-86/?utm_source=rss&utm_medium=rss&utm_campaign=what-is-currently-happening-in-the-uk-property-market-86
