✅ New Listings
• 27.5k new properties came to market this week, down as expected from 29.3k last week.
• 2025 weekly average: 35.6k.
• Nine year week 43 average :29.1k
• Year-to-date (YTD): 1.53m new listings, 1.5% higher than 2024 YTD (1.51m) and 9.1% above the 2017–19 average (1.40m)
✅ Price Reductions
• 18.3k reductions this week, lower as expected, than last week’s at 21.3k.
• Increase in the number of homes on the market being reduced in September to 14.1% (these stats are always done a month in arrears). In August, it was 11.1% (everyone must have been on holiday!), whilst it was 14.1% in July and 14% in June.
(October figures to follow next week)
• 2025 average so far: 13.2%, versus the five-year long-term average of 10.74%.
✅ Sales Agreed
• 23.5k homes sold subject to contract this week, down as expected from 24.2k last week.
•Week 43 average (for last 9 years) :23.8k
• 2025 weekly average : 26k.
• YTD: 1.116m gross sales, which is 4.2% ahead of 2024 (1.071m) and 12.5% above the 2017–19 average (992k).
✅ Price Diff between Listings & Sales
• Average Asking Price of listings last week £398k vs Average asking price of Sales Agreed (SSTC)- £358k - a 11.2% difference (long term 9 year average is 16% to 17%)…
• The average listing price has dropped from £452k in Sept to £415k in October.. ie fewer expensive homes being listed
✅ Sell-Through Rate
• 14.1% of homes on agents’ books went SSTC in September. (October figures to follow in
November)
• Down from 14.5% in Aug, 15.4% in July, 15.3% in June, and 16.1% in May.
• Pre-Covid average: 15.5%.
✅ Fall-Throughs
• 5,278 fall-throughs last week (pipeline of 510k home Sold STC).
• Weekly average for 2025: 6,181.
• Fall-through rate: 24.2%, slightly down from 24.3% last week.
• Long-term average: 24.2% (post-Truss chaos saw levels exceed 40%).
✅ Net Sales
•18.2k net sales this week, down (as expected) from 18.3k last week.
• Nine-year Week 43 average: 17.9k.
• Weekly average for 2025: 19.8k.
• YTD: 850k, which is 3.6% ahead of 2024 (821k) and 9.5% above 2017–19 (776k).
If you would like to chat about our local property market, feel free to drop me a call on 01282 772048 or email me at info@pendlehillproperties.co.uk