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This week I am joined by Ben Madden as we delve into the key property market headlines for 12th week of 2025 ending on the 30th March 2025.
✅ Listings (New Properties on the Market)
39.7k new listings this week (last week 38.4k)
That’s 7% higher than Week 12 of 2024 YTD and 10% higher YTD compared to 2017/18/19.
✅ Price Reductions (% of Resi Stock)
24k Price Reductions this week – meaning an approx run rate of 1 in 8 of Resi Sales stock per month is being reduced (12%).
For comparison, 12.1% average in 2024, though the long-term 5-year average is 10.6%.
✅ Total Gross Sales (Agreed Sales)
28.1k UK homes sold STC this week, up from 27.1k last week in Week 11
That’s 13% higher YTD compared to 2024 and 23% higher than 2017/18/19 YTD levels.
✅ Sale-Through Rate (Monthly in Arrears)
Last months sale run rate of 16.2% of Resi stock sold stc (ie 16.2% of Estate Agents properties on the market went sale agreed). 2024 monthly average: 15.3%. Long-term 8-year average: 17.9%.
✅ Sale Fall-Throughs
6,315 Sale fall-thrus last week from Resi Sale Sales Pipeline of 451,074 homes sale agreed (sold stc).
Another method is that week’s sale fall thrus as a % of gross sales that week. This week, that is 22.5% (last week 23.2%). Just above the 7-year average of 24.2%, yet well below the 40%+ levels post-Truss Budget (Autumn 2022).
Last month, as a whole, 5.48% of sales in the UK agents pipelines fell thru. For comparison, 2024 average: 5.36%.
✅ Net Sales (Gross sales for the week less Sale Fall Thrus for the week)
21.7k net sales this week (20.8k last week), compared 2025 weekly average of 19.7k.
2025 YTD is 12% higher than compared to 2024 YTD and 18% higher than YTD 2017/18/19.
Local Estate Agency Focus this week
Redditch
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