UK Property Market Update for Week Ending Sunday 2nd March
This week's update provides a statistical analysis, offering insights into what’s happening and shaping the UK Property Market, week ending Sunday 2nd March 2025.
The UK Property Market Update for the week, finishing Sunday, the 2nd March 2025.
✅ Listings (New Properties on the Market)
37.9k new listings this week (last week 35.8k)
That’s 8% higher than Week 78of 2024 YTD and 9.3% higher YTD compared to 2017/18/19.
✅ Price Reductions (% of Resi Stock)
22.6k 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, 11.9% average in 2024, though the long-term 5-year average is 10.6%.
✅ Total Gross Sales (Agreed Sales)
27.6k UK homes sold STC this week, slightly up from 27.4k last week in Week 7
That’s 18% higher YTD compared to 2024 and 27% higher than 2017/18/19 YTD levels.
✅ Sale-Through Rate (Monthly in Arrears)
February’s Run rate of 16.2% of Resi stock sold stc (ie 16.2% of Estate Agents properties on the market went sale agreed in February). For comparison, 16.7% of residential sales stock sold in February 2024. 2024 monthly average: 15.3%. Long-term 8-year average: 17.9%.
✅ Sale Fall-Throughs
6,135 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 22.3% (last week 22%). Still below the 7-year average of 24.2%, and well below the 40%+ levels post-Truss Budget (Autumn 2022).
For February ’25 as a whole, 5.48% of sales in the UK agents pipelines fell thru in Feb 25. For comparison, 2024 average: 5.36%.
✅ Net Sales (Gross sales for the week less Sale Fall Thrus for the week)
21.4k net sales this week, compared 2025 weekly average of 19.5k.
2025 YTD is 15% higher than compared to 2024 YTD and 21% higher than YTD 2017/18/19.
Stats compiled by Property Stato Chris Watkin using Twenty EA Data
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