Welcome to your in-depth look at the UK property market! Let’s delve into this week’s numbers, examining the essential stats and what they tell us about the current state of the industry.
Listings: New Properties on the Market
There were 34,900 new listings this week, a decrease from the previous week’s 42,600. It’s important to note that the previous week included a Bank Holiday, which typically results in lower numbers. Overall, year-to-date new listings are 5% higher than Week 18 of 2024 and 10% higher compared to 2017, 2018, and 2019.
Price Reductions
Price reductions remained a factor, with 22,900 recorded this week. The monthly run rate indicates that 1 in 7.5 of residential sales stock properties per month are being reduced, representing 13.4%. For comparison, the 2024 average is 12.1%, and the long-term 5-year average is 10.6%.
Total Gross Sales (Agreed Sales)
23,400 UK homes were sold STC (Subject to Contract) this week, down from 28,300 the previous week. Again, the Bank Holiday likely contributed to this decrease. Despite the weekly dip, the year-to-date figures remain positive: the number of Sold STC residential homes are 8% higher compared to 2024 (469,000 Sales agreed 2025 vs. 433,000 2024) and 17% higher than 2017, 2018, and 2019 levels (399,000).
Sell-Through Rate
April’s sale run rate was 15.36% of residential stock sold STC. This is the same as the previous week. For context, March’s rate was 16.3%, the 2024 monthly average is 15.3%, and the long-term 8-year average is 17.9%.
Sale Fall-Throughs
There were 5,415 sale fall-throughs last week from a Residential Sale Sales Pipeline of 453,000 UK homes sold STC. This week’s fall-through rate, as a percentage of gross sales, is 23.2% (compared to 23.6% last week). This is just below the 7-year average of 24.2% and well below the 40%+ levels seen post-Truss Budget in Autumn 2022. In April overall, 5.51% of sales in UK agents’ pipelines fell through, compared to a 2024 average of 5.36%.
Net Sales
Net sales (gross sales less fall-throughs) were 18,000 this week, down from 21,900 the previous week, and compared to the 2025 weekly average of 20,000. Despite the weekly decrease, 2025 net sales are 6% higher than 2024 and 11.5% higher than 2017, 2018, and 2019.
Market Summary
This week’s UK property market data reflects a slowdown likely influenced by the Bank Holiday. While weekly figures are down in some areas, the overall year-to-date trends remain largely positive.
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