The Simon Gates and I have a look at the UK property marketplace for the week ending Sunday sixteenth November 2025.
Residential property gross sales had been unexpectedly increased this week, defying the doom mongers.
✅ New Listings
+ 26.1k new properties got here to market this week, down as anticipated from 27.1k final week.
+ 2025 weekly common: 35.6k.
+ 9 12 months week 45 common : 27.6k
+ Yr-to-date (YTD): 1.59m new listings, 1.1% increased than 2024 YTD (1.57m) and eight.2% above the 2017–19 common (1.46m).
✅ Worth Reductions
+ 16.7k reductions this week, decrease than final week’s at 18.5k (Property Brokers appear to neglect they’ll cut back homes costs after the primary week in November!)
+ 12.8% of resi houses on the market had been lowered in October. In comparison with Sept 14.1%, August 11.1%, July 14.1% in July and 14% in June.
+ 2025 common nonetheless stays at 13.2%, versus the five-year long-term common of 10.74%.
✅ Gross sales Agreed
+ 22.9k houses bought topic to contract this week, up unexpectedly from 22.5k final week.
+ Week 45 common (for final 9 years) :22.9k
+ 2025 weekly common : 26k.
+ YTD: 1.162m product sales, which is 3.8% forward of 2024 (1.119m) and 12.3% above the 2017–19 common (1.034m).
+ Greatest week for Resi gross sales in Internal London since Could 2025. 1,658 houses bought stc final week. To match, 1,293 was the weekly common for Resi gross sales in October 2025 and the weekly common for the entire 12 months has been 1,403 sale agreed per week. The typical asking of the houses which have bought are 11% decrease than these in October.
✅ Worth Diff between Listings & Gross sales
+ Common Asking Worth of listings final week £387k vs Common asking worth of Gross sales Agreed (SSTC) – £363k – a 6.5% distinction (long run 9 12 months common is 16% to 17%)…
+ The typical itemizing worth was £452k in Sept and £415k in October.. ie fewer costly houses being listed. Is that due to the Funds?
✅ Promote-By Price
+ 15% of houses on brokers’ books went SSTC in October. Up from 14.1% in Sept, 14.5% in Aug, 15.4% in July, 15.3% in June, and 16.1% in Could.
+ Pre-Covid common: 15.5%.
✅ Fall-Throughs
+ 5,802 fall-throughs final week (pipeline of 510k residence Bought STC).
+ Weekly common for 2025: 6,173.
+ Fall-through fee: 25.4%, barely down from 26.5% final week.
+ Lengthy-term common: 24.2% (post-Truss chaos noticed ranges exceed 40%).
✅ Internet Gross sales
+ 17.1k internet gross sales this week, up unexpectedly from 16.6k final week.
+ 9-year Week 45 common: 16.8k.
+ Weekly common for 2025: 19.7k.
+ YTD: 884k, which is 3.3% forward of 2024 (856k) and 9.2% above 2017–19 (810k).
✅ Likelihood of Promoting (% that Alternate vs withdrawal)
+ October Stats : 53.3% of houses that left brokers’ books exchanged & accomplished in October. (Word this determine will change all through the month as extra October stats are available). (93.6k exchanges & 82k withdrawals)
+ September: 53.1% / August :55.8% / July: 50.9% / June: 51.3% / Could: 51.7% / April: 53.2%.
✅ Inventory Ranges
+ 742k houses available on the market initially of November, 2.4% increased than November 2024. (725k)
+ Notable will increase embody 9% extra houses on the market in London than 12 months in the past (9.96% in Internal London & 9.03% in Outer London) & 5.48% within the South East and 5.02% within the South West. The North has seen a drop in houses on the market.
+ 511k houses in gross sales pipeline on the first November, 2.2% increased than 12 months in the past.
✅ Home Costs (£/sq.ft)
+ October 2025 agreed gross sales averaged £343.18 per sq.ft. 0.8% increased than 12 months in the past and 13.8% than 5 years in the past. The £/sqft at sale agreed matches the HM Land Registry Index with a 98% accuracy, 5 months prematurely. That’s the reason it’s so necessary.
✅ UK Rental Market Overview
+ Common Lease in October – £1,916 pcm – in comparison with £1,802 in Oct 2024 and £1,557 in Oct 2017.
+ Obtainable Rental Properties in October ’25 – 323k in comparison with 302k in October ’24.
+ Notable improve of 23.8% extra rental houses in Outer London than 12 months in the past, but a 4.8% lower in Internal London – Unsure why.
