🔥 UK PROPERTY MARKET STATS – WEEK 24 ROUND-UP 🔥

Short. Sharp. What you need to know.

📅 Week Ending: 22nd June 2025
🎙️ Guest: Ben Madden, West London Estate agent

🎥 Watch: The UK’s weekly YouTube stats show – don’t fall behind

https://youtu.be/GeaT_GocwW4

✅ Listings:
37.7k new homes listed this week (37.6k last week)
2025 YTD up 5% on 2024, 7.7% higher than 2017/18/19 average
(894k YTD listings vs 852k listings YTD in ’24)

✅ Price Reductions:
26.8k this week (27.4k last week)
14% of stock reduced monthly. That’s rising.
Long-term average? Just 10.6%.

✅ Sales Agreed:
28.3k sales agreed this week (up from 28.1k prior week)
2025 YTD sales +8.2% on 2024, +16% on pre-Covid average

✅ Sell-Through Rate (Monthly)
May 2025: 16.1% of resi stock went SSTC
Previous month: 15.36%
Still under the 8-year norm of 17.9% – but heading in the right direction

✅ Fall-Throughs:
6,570 fall-thrus last week from 479k sales pipeline
Weekly fall-thru rate: 23.2% (below 7-year average of 24.2%)
Far cry from the 40%+ chaos post-Truss

✅ Net Sales:
21.7k net sales this week (same as last week)
2025 YTD: +6% on 2024, +11.2% on 2017–19

✅ % homes that go thru to exchange:
May 2025: 51.7% of homes that left the market exchanged
The rest? Unsold & withdrawn.

✅ Stock Levels:
On the market: 756k – up 9% on last year
In Sales pipeline: 480k – up 4.35%

✅ £/sq.ft:
Sales agreed in May 2025 averaging £346.25/sqft
Up 1.5% on 2024, 1% on 2022

✅ Rentals:
May 2025: 304k UK rental homes
Average rent: £1,811
(Compared to 321k homes at £1,733 in May 2024)