This week, we’re taking a closer look at the latest developments in the UK property market. From new listings to sales activity, the data paints a compelling picture of current trends, offering valuable insights for buyers, sellers, and industry professionals alike.
Listings: A Strong Rebound in New Properties
This week saw a significant increase in new listings, with 39,300 new properties coming onto the market. This is a notable rise from last week’s 31,900. Year-to-date (YTD) new listings are now 6% higher than Week 22 of 2024 and 8% higher compared to the 2017, 2018, 2019 average.
Price Reductions: An Increase in Volume
There were 27,900 price reductions this week, up from 21,900 last week. The monthly run rate for reductions has increased slightly to 1 in 7.1 of residential sales stock per month, representing 14%. This is up from 13.4% the month before. For comparison, the 2024 average was 12.1%, and the long-term 5-year average is 10.6%.
Total Gross Sales: Continued Strong Performance
UK homes SSTC (Sold Subject to Contract) totalled 28,600 this week, an increase from last week’s 25,000. The year-to-date figures for SSTC residential homes show continued strength: they are 8% higher compared to 2024 (581,000 sales agreed 2025 vs. 535,000 2024) and 16% higher than 2017, 2018, 2019 levels (499,000).
Sell-Through Rate: May’s Figures Show Improvement
May’s sale run rate was 16.08% of residential stock SSTC. This means 16.08% of estate agents’ properties on the market went sale agreed. This is an increase from 15.36% last month. The 2024 monthly average was 15.3% , and the long-term 8-year average is 17.9%.
Sale Fall-Throughs: Remaining Below Average
There were 6,713 sale fall-throughs last week from a residential sale sales pipeline of 479,000 UK homes SSTC. As a percentage of gross sales for the week, this stands at 23.5% (up from 21.7% last week). This figure remains below the 7-year average of 24.2% and well below the 40%+ levels seen post-Truss Budget in Autumn 2022. May’s overall fall-through figure was 5.84% of sales in UK agents’ pipelines , compared to April 2025’s 5.51% , and the 2024 average of 5.36%.
Net Sales: Exceeding the Weekly Average
Net sales (gross sales less fall-throughs) were 21,900 this week, up from 19,600 last week. This figure is higher than the 2025 weekly average of 20,000. Furthermore, 2025 year-to-date net sales are 6% higher than 2024 and 11.2% higher than 2017, 2018, 2019.
Overall Market Sentiment
This week’s UK property market data indicates a robust bounce back in new listings and agreed sales. The sell-through rate also saw an improvement in May. While there was a slight increase in price reductions and fall-throughs compared to last week, these figures generally remain within healthy parameters and below long-term averages.
Frank Marketing: Your Property Market Partner
At Frank Marketing, we understand the ins and outs of the property market. We provide expert guidance and marketing strategies to help you achieve your business goals. Contact us today to learn more about how we can make your brand stand out in the ever-changing property market.
