UK Property Market Stats Show - Week 18 2025 - Ep.2205

UK PROPERTY MARKET WEEKLY UPDATE Welcome to the 18th UK Property Market Stats Show of 2025, your go to weekly TV show on the UK Property Market on YouTube This week, I’m joined by Simon Gates, as we delve into the key property market headlines for 18th week of 2025 ending on the 11th May 2025. The YouTube Show https://youtu.be/-tl_5WEIyLQ ✴️ UK Property Market Highlights this week ✅ Listings (New Properties on the Market) 34.9k new listings this week (last week 42.6k) Last week was a Bank Holiday week - meaning many numbers are lower than normal) YTD 5% higher than Week 18 of 2024 YTD and 10% higher YTD compared to 2017/18/19. ✅ Price Reductions (% of Resi Stock) 22.9k Price Reductions this week - Monthly Run Rate in reductions - 1 in 7.5 of Resi Sales stock per month is being reduced (which represents 13.4%). For comparison, 12.1% average in 2024, though the long-term 5-year average is 10.6%. ✅ Total Gross Sales (Agreed Sales) 23.4k UK homes sold STC this week (last week 28.3k) YTD - The number of Sold STC Resi homes are 8% higher compared to 2024  (469k Sales agreed YTD 2025 vs 433k YTD 2024) and 17% higher than 2017/18/19 YTD levels (399k). ✅ Sell-Through Rate (Monthly in Arrears) April’s sale run rate of 15.36% of Resi stock sold stc (ie 15.36% of Estate Agents properties on the market went sale agreed). March’s was 16.3%. 2024 monthly average: 15.3%. Long-term 8-year average: 17.9%. ✅ Sale Fall-Throughs 5,415 Sale fall-thrus last week from Resi Sale Sales Pipeline of 453k 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 23.6%). Just below the 7-year average of 24.2%, and well below the 40%+ levels post-Truss Budget (Autumn 2022). In April, as a whole, 5.51% of sales in the UK agents pipelines fell thru. For comparison, 2024 average: 5.36%. ✅ Net Sales (Gross sales for the week less Sale Fall Thrus for the week) 18k net sales this week (21.9k last week), compared 2025 weekly average of 20k. 2025 YTD is 6% higher than compared to 2024 YTD and 11.5% higher than YTD 2017/18/19. Local Focus this week Salisbury Graphs Available for use in free valuations / internally. Please dont publish these on social media without my OK. Reason - my fee paying clients use them - so its not fair on them https://we.tl/t-PLMrlkC4zE