If the UK Property Market Is So Bad This October, Why Are So Many Homes Still Selling?
Continued doom and gloom in the press about the UK property market continues. The market is dead. It’s a buyers market etc etc. In this week’s UK Property Market Stats Show on Youtube, we get underneath those headlines and look at what is actually happening in the UK property market. No sentiment… just cold hard facts
We look at the sales, listings & exchanges from new listings and price reductions to sales agreed, fall-thrus and exchanges for week 40 & then ask what those numbers are really telling estate agents about the market they are working in right now.
Joining me on the Stats Show on YouTube this week is Kristian ‘Stotty’ Stott, and as you might expect, the property market statistics very quickly turn into many hard hitting home truths for estate agents. We get into why Estate Agents overvalue, offer cheap fees & why agents leave price reductions too late & why getting the listing is pointless if the strategy afterwards does not actually help the homeowner move.
In the second part of the show, we head to Warrington and put the local Warrington estate agents under the microscope. Not simply who lists the most homes, but who actually gives homeowners the strongest chance of moving, who achieves the better prices and who appears to be gaining ground locally. If you are an estate agent anywhere in the UK, the way we analyse Warrington might give you a few ideas about how you could prove your own value too.
🟩 Listings
Week 40 ..
33k new listings this week, (34.8k last week).
Weekly 2026 average : 36k.
10 year week 40 average : 33.4k
Year to Date
1.439m new listings YTD, which is …
0.4% below 2025 YTD (1.444m)
1.8% higher of 2024 YTD (1.413m)
9.7% higher of 2023 YTD (1.307m)
9.7% higher than the 2017–19 average YTD (1.311m).
8.7% higher than last decade YTD average - 1.328m
🟩 UK Gross Resi Sales
Week 40 ..
22.6k homes sold stc this week 40 (23.6k last week)
10 year week 40 average : 24.5k
2026 weekly average : 24.2k.
Year to Date for house sales
966k UK homes sold stc YTD, which is …
7.5% lower than 2025 YTD (1.044m)
2.8% lower to 2024 YTD (994k)
10.9% higher than 2023 YTD (871k)
4.7% higher above pre Covid 2017-19 years (922k).
1.4% lower than the last decade YTD average (980k)
🟩 UK Net Resi Sales YTD
(Net Sales being Gross Sales less Sale Fall Thrus).
Week 40
17.9k Net Sales (17.3k last week)
10 year Week 39 average: 19.2k.
Weekly average for 2026: 18.3k.
Year to Date
745k UK net home sales YTD, which is …
6.3% lower than 2025 (795k),
2.3% lower than 2024 (762k),
14.1% ahead of 2023 (653k)
2.9% above the 2017/18/19 average 724k).
🟩 Exchanges & Withdrawals
• 76.6k Exchanges in Sept 2026
• 63.8k Withdrawals in Sept 2026
(Note these numbers will change as more exchanges/ withdrawals from September come in during the first few weeks of October)
• Therefore, in September 2026, just 54.5% of homes that left agents’ books exchanged & completed in September (the rest - 45.5% withdrew, unsold)
• 57.6% is the 7 year average exchange to listings ratio (which includes the crazy years post lockdown 18 months).
🟥 Want more in-depth analysis on these stats ??
Watch this week’s episode (week 40) of the ‘UK Property Market Stats Show’ with Kristian Stott on YouTube here …
https://youtu.be/S2VInj7Yycw