The latest UK Property Market Stats for week 33 point to a market where buyer demand and housing supply remain relatively healthy, but a significant proportion of properties are struggling to progress to a sale.
The figures for the week ending 23 August examine new listings, sales agreed, price reductions and fall-throughs. They also highlight how the likelihood of selling changes the longer a property remains on the market.
The analysis raises questions about whether current market conditions are primarily responsible for slower transactions, or whether unrealistic initial asking prices and overvaluations are contributing to the problem.
The second part of the analysis focuses on the Bath property market, comparing local estate agents on their ability to convert instructions into successful sales rather than market share alone.
🟩 Listings
Week 33 ..
31.8k new listings this week, (32.6k last week).
Weekly 2026 average : 36.3k.
10 year week 33 average : 33k
Year to Date
1.198m new listings YTD
0.4% lower than 2025 YTD (1.203m)
2.9% ahead of 2024 YTD (1.164m)
10.2% higher than the 2017–19 average YTD (1.087m).
🟩 UK Gross Resi Sales
Week 33 ..
23.3k homes sold stc this week 33 (24.4k last week)
10 year week 33 average : 25.1k
2026 weekly average : 24.5k.
Year to Date for house sales
809k UK homes sold stc YTD
7.2% lower than 2025 YTD (872k)
0.9% lower to 2024 YTD (816k)
10.9% higher than 2023 YTD (730k)
5.8% higher above pre Covid 2017-19 years (765k).
Decade average – 809k YTD.
🟩 UK Net Resi Sales YTD
(Net Sales being Gross Sales less Sale Fall Thrus).
Week 33
17.7k Net Sales (18.1k last week)
10 year Week 33 average: 19.1k.
Weekly average for 2026: 19k.
Year to Date
627k UK net home sales YTD
5.8% lower than 2025 (666k),
0.5% lower than 2024 (639k),
13.7% ahead of 2023 (552k)
4.1% above the 2017–19 average (585k).
🟩 Exchanges & Withdrawals
• 79.5k Exchanges in July 2026 (note this figure will change during August as more exchanges get reported).
• 75.6k Withdrawals in July 2026 – again, this figure will change as more July withdrawals come thru the system throughout August
• Therefore, in July 2026, only 51.3% of homes that left agents’ books exchanged & completed in July (the rest – 49% withdrew, unsold)
• 57.6% is the 7 year average exchange to listings ratio (which includes the crazy years post lockdown 18 months).
Additional info …
🟥 Price Reductions
• 23.3k reductions this week on 767k UK homes for sale
• 13.7% of UK homes for sale were reduced in July (down from 14.3% in June)
• 2026 YTD average 13%, versus the 6-year long-term average of 11.2%.
🟥 Price Difference between Asking Price of Listings & Asking Price of those Homes that go Sold stc
• 7.8% difference (long term 10 year average is 16% to 17%). (£385k ave Listing Ave Asking price vs £358k Sale Agreed ave Asking price).
🟥 Sell-Through Rate
• 14.2% of homes on agents’ books went SSTC in July ’26 (compared to 13.8% in June ’26).
• Pre-Covid average: 15.5%.
🟥 Sale Fall-Thrus
• Fall-thru rate 23.9%
• Decade average: 24.5%
• 5.32% of homes sold STC fell thru in July 2026. The 2025 average of 5.3% and the 10 year average of 5.8%.
🟥 Stock Levels
• 767k homes on the market on the 1st of August ’26 (760k the month before and 763k 12 months ago)
• 487k homes in agent’s sales pipeline on the 1st August 2026, lower than 12 months ago on 1st August ’25 (508k). Graph 41 Graph 42
🟥 House Prices (£/sq.ft)
• July ’26 agreed sales averaged £345.41 per sq.ft. 1.2% higher than 12 months ago (£341.43) and 11.9% than 5 years ago (£308.60). The £/sqft at sale agreed matches the HM Land Registry Index with a 98% accuracy, 5 months in advance. That is why it is so important. Graph 45
🟥 UK Rental Data
• Average Rent in Wk 33 – £1,792 pcm
• Average Rent in August 2026 – £1,795 pcm
• Average Rent in August 2025 – £1,800 pcm
• Average Rent in August 2021 – £1,394 pcm
• Average Rent in YTD 2026 – £1,765 pcm
• 323k UK Rental Stock available to rent in August 26 (319k in August 2025)
• New Rental Properties coming onto the market in August 2026 – 135,928. (128,821 in July 2025 & 111,080 in July 2022)
🟥 Local Focus this week in the Show
Bath
