Welcome to the 24th UK Property Market Stats Show of 2025, your go to weekly ‘TV Show’ on the UK property market.
This week, I am joined by Ben Madden, a West London estate agent, as we delve into the key property market headlines for the week ending 22 June.
✅ Listings (New Properties on the Market)
37.7k new listings this week (last week 37.6k)
YTD 5% higher than Week 24 of 2024 YTD and 7.7% higher YTD compared to 2017/18/19.
(894k Listings YTD 2025 vs 852k YTD 2024)
✅ Price Reductions (% of Resi Stock)
26.8k Price Reductions this week (last week 27.4k)
Monthly Run Rate in reductions – 1 in 7.1 of Resi Sales stock per month is being reduced (which represents 14%)) …13.4% the month before
For comparison, 12.1% average in 2024, though the long-term 5-year average is 10.6%.
✅ Total Gross Sales (Agreed Sales)
28.3k UK homes sold STC this week (last week 28.1k)
YTD – The number of Sold STC Resi homes are 8.2% higher compared to 2024 (637k Sales agreed YTD 2025 vs 589k YTD 2024) and 16% higher than 2017/18/19 YTD levels (550k).
✅ Sell-Through Rate (Monthly in Arrears)
May’s sale run rate of 16.1% of Resi stock sold stc (ie 16.1% of Estate Agents properties on the market went sale agreed). 15.36% last month
2024 monthly average: 15.3%. Long term 8 yr average: 17.9%.
✅ Sale Fall-Throughs
6,570 Sale fall-thrus last week from Resi Sale Sales Pipeline of 479k UK 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 23.2% (last week 22.8%). That is below the 7-year average of 24.2%, and well below the 40%+ levels post-Truss Budget (Autumn 2022).
May’s figure 5.84% of sales in the UK agents pipelines fell thru. For comparison, April ’25 – 5.51%. 2024 average: 5.36%.
✅ Net Sales (Gross sales for the week less Sale Fall Thrus for the week)
21.7k net sales this week (21.7k last week), compared 2025 weekly average of 20k.
488k Net sales 2025 YTD total is 6% higher than compared to 2024 YTD (460k) and 11.2% higher than YTD 2017/18/19 (439k).
✅ % Chance the Home will Sell
51.7% of UK Homes that left the estate agents books in May 2025, exchanged contracts (ie they got paid and the home moved on completion), the remaining 48.3% left Estate Agent books, unsold and homeowner staying in their home.
✅ Stock Levels (For Sale and Sales Pipeline)
756k homes on the market at the start of June – 9% higher than June 20 24
480k homes in Estate Agents sales pipelines – 4.35% than than June 2024.
✅ House Prices (measured by £/sq.ft)
£346.25/sqft on Sales Agreed in May 2025 – 1.5% higher than May 2024 and 1% higher than May 2022.
✅ Rental Stats
304k UK Rental Homes were available in May 2025 with an average monthly rent of £1,811. Interesting when compared to May 2024 when 321k UK Rental Homes were available in May 2025 with an average rent of £1,733.
Local Focus this week: Fulham
Zac Efron, black eyes and hairdryers – property pros let loose
