Chris Watkin UK Property Market Stats Show Insights

Doom and Gloom. The property market is dead. It’s a buyers market etc etc. In this week’s UK Property Market Stats Show, we get underneath those headlines and look at what is actually happening in the UK property market. No sentiment… just cold hard facts

We look at the sales, listings & exchanges from new listings and price reductions to sales agreed, fall-thrus and exchanges. More importantly, we ask what those numbers are really telling estate agents about the market they are working in right now.

Joining me on the show is the brilliant Verona Frankish, boss of Yopa (the UK’s 7th largest estate agency), and as you might expect, the statistics very quickly turn into a many home truths for estate agents. We get into overvaluing, why agents leave price reductions too late, whether there really is such a thing as a buyers’ or sellers’ market and why getting the instruction is pointless if the strategy afterwards does not actually help the homeowner move.

In the second part of the show, we head to Lewisham in London and put the local Lewisham estate agents under the microscope. Not simply who lists the most homes, but who actually gives homeowners the strongest chance of moving, who achieves the better prices and who appears to be gaining ground locally. If you are an estate agent anywhere in the UK, the way we analyse Lewisham might give you a few ideas about how you could prove your own value too.

🟩 Listings

Week 39 ..

34.8k new listings this week, (35.3k last week).

Weekly 2026 average : 35.2k.

10 year week 37 average : 34.4k

Year to Date

1.406m new listings YTD, which is …

0.4% below 2025 YTD (1.412m)

2% higher of 2024 YTD (1.378m)

9.9% higher of 2023 YTD (1.275m)

10% higher than the 2017–19 average YTD (1.279m).

9% higher than last decade YTD average – 1.295m.

🟩 UK Gross Resi Sales

Week 39 ..

23.6k homes sold stc this week 39 (23.1k last week)

10 year week 39 average : 25.5k

2026 weekly average : 23.6k.

Year to Date for house sales

944k UK homes sold stc YTD, which is …

7.4% lower than 2025 YTD (1.019m)

2.5% lower to 2024 YTD (968k)

10.9% higher than 2023 YTD (850k)

4.9% higher above pre Covid 2017-19 years (899k).

1.2% lower than the last decade YTD average (955k).

🟩 UK Net Resi Sales YTD

(Net Sales being Gross Sales less Sale Fall Thrus).

Week 39

17.9k Net Sales (17.3k last week)

10 year Week 39 average: 19.2k.

Weekly average for 2026: 18.3k.

Year to Date

728k UK net home sales YTD, which is …

6.3% lower than 2025 (777k),

2% lower than 2024 (743k),

14.1% ahead of 2023 (638k)

3.1% above the 2017/18/19 average 706k).

🟩 Exchanges & Withdrawals

• 60.8k Exchanges in Sept 2026

• 51.2k Withdrawals in Sept 2026

(Note these numbers will change significantly as more exchanges/ withdrawals from September come in during the first few weeks of October)

• Therefore, in September 2026, just 54.3% of homes that left agents’ books exchanged & completed in September (the rest – 45.7% withdrew, unsold)

• 57.6% is the 7 year average exchange to listings ratio (which includes the crazy years post lockdown 18 months). Graph 29

Additional info …

🟥 Price Reductions

• 26.8k reductions this week on 764k UK homes for sale

• 11.1% of UK homes for sale were reduced in August (down from 13.7% in July)

• 2026 YTD average 12.8%, versus the 6 year long term average of 10.9%.

🟥 Price Difference between Asking Price of Listings & Asking Price of those Homes that go Sold stc

• Week 37 – 24.5% difference (long term 10 year average is 16% to 17%). (£453k ave Listing Ave Asking price vs £363k Sale Agreed ave Asking price)

🟥 Sell-Through Rate

• 14.7% of homes on agents’ books went SSTC in September ’26 (compared to 13.3% in August, 14.2% in July ’26 & 13.8% in June ’26).

• Pre-Covid average: 15.5%.

🟥 Sale Fall-Thrus

• Week 39 Fall-thru rate 24.5%

• Decade average: 24.5%

• 4.9% of homes sold STC fell thru in September 2026 (provisional % – will be double checked next week). Interesting when compared with the 2026 YTD average of 5.1% and 2025 average of 5.3% and the 10 year average of 5.7%.