What is currently happening in the UK property market?

In this week’s UK Property Market Stats Show, I’m joined by Ben Madden to break down the market for the week ending Sunday 19 April 2026 (week 15).

In the second half, we turn to Poole, analysing which estate and letting agents are performing best—and why.

Even if you’re not based in Poole, the analysis will be familiar territory for agents dealing with overvaluing rivals or fee-cutting competitors. We look at practical ways to evidence performance, win instructions, and justify stronger fees.

🟩 Listings YTD

553k new properties have come onto the market YTD

0.5% below of 2025 YTD, 7.4% above 2024 YTD, and 16.7% higher than the 2017–19 average YTD

🟧Gross Residential Sales YTD

368k UK homes sold STC YTD

6.7% lower than 2025 YTD (368k) , 5.1% higher than 2024 YTD (350k), 16.1% higher than 2023 YTD (297k) and 12.1% higher above pre Covid norms (303k).

🟩 Net Resi Sales YTD 

288k UK net home sales YTD (Net Sales being Gross sales less Fall Thrus).

4.5% lower than 2025 (301k), 4.7% ahead of 2024 (275k), 18.2% ahead of 2023 (243k) and 8.9% above the 2017–19 average (264k).

🟥 Exchanges YTD

214k UK Exchanges to the end of March 2026

13% lower than middle of March 2025, when it was 246k.

Note – There were more exchanges in Q1 2025 because of the stamp duty holiday finished in April 2025

🟥 Overvaluing

47% of the homes that left UK Estate Agents books in March were withdrawn unsold. Main cause – blatant overvaluing supported by long sole agency agreements of 20+ weeks.

Detailed Breakdown …

Remember, this is the first post Easter week, so there are big jumps in most of the figures

✅ New Listings

•           41k new properties came onto market this week (week 15), up from 32.2k last week.

•           2025 weekly average: 30.6k.

•           10-year week 14 average : 31.9k.

✅ Price Reductions

•           25.6k reductions this week, down from 20.5k last week.

•           13.2% of resi homes for sale were reduced in March. Mar 25 – 13.4%.   Mar 24 – 12.2%

•           2025 average was 12.8%, versus the 6-year long-term average of 10.7%.

✅ Sales Agreed

•           26.1k homes sold stc this week 15,  up from 20.5k last week.

•           Week 15 average (for last 10 years which includes the post pandemic boom) : 24k

•           2026 weekly average : 24.4k.

✅ Sell-Through Rate 

•           15.5% of homes on agents’ books went SSTC in March ’26. (March ’25 – 16.3% /  March ’24 – 17.2%)

•           Pre-Covid average: 15.5%.

✅ Price Difference between Listings & Sales

•           25.8% difference (long term 10 year average is 16% to 17%).  (£451k ave Listing Ave Asking price vs £359k Sale Agreed ave Asking price). 

✅ Fall-Throughs

•           5,927 fall-throughs last week (pipeline of 453k home Sold STC).

•           Weekly average of fall thrus for the whole of 2025: 6.1k and 5.3k in 2026 YTD

•           Fall-through rate (Fall thru expressed as a % of the Gross sales that week): 25.8%, the up from last weeks 22.5%.

•           Long-term average: 24.5% (post-Truss chaos saw levels exceed 40%).

•           5.1% of all the sales agreed in Estate Agent’s Sales pipelines fell thru in March 2026. 2025 average – 5.3% & 10 year average – 5.8%).    

✅ Net Sales

•           16k Net Sales, down from 18.5k last week

•           Ten-year Week 14 average: 17.8k.

•           Weekly average for 2026: 19.1k.

•           Weekly average for the whole of 2025: 18.8k.

✅ Probability of Selling (% that Exchange vs withdrawal)

•           March ’26  Stats : 53% of homes that left agents’ books exchanged & completed in March. (Note this figure will change throughout the month as more March stats come in).

•    57.6% is the 7 year average (which includes the crazy years post lockdown 18 months)

✅ House Prices (£/sq.ft)

•          March ’26  agreed sales averaged £345.64 per sq.ft. 2% higher than 12 months ago (£338.97) and 12.7% than 5 years ago (£306.76). 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 

•          717k homes on the market on the 1st of April ’26. (706k – 1st April 25)

•          453k homes in agent’s sales pipeline on the 1st April 2026, slightly lower than 12 months ago on 1st April ’25 (461k).

✅ UK Rental Data

•           Average Rent in March 2026 – £1,740 pcm (£1,747 in March 25)

•           312k UK Rental Stock available to rent in March 26 (313k in March 2025).

✅ Local Focus 

Poole

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-92/?utm_source=rss&utm_medium=rss&utm_campaign=what-is-currently-happening-in-the-uk-property-market-92