There’s positive news for the Leicester housing market, with a noticeable increase in the number of homes going under offer/sale agreed in the first quarter of 2025 compared to the same period in 2024. Across nearly every region of the UK, sales agreed (sold subject to contract) have risen, indicating growing buyer confidence and strong market activity.
Here’s a breakdown of sales agreed in Q1 2025, along with the percentage growth versus Q1 2024:
- East Midlands: 23,955 sales (+13.9%)
- East Anglia: 33,501 sales (+12.2%)
- London: 32,039 sales (+6.7%)
- North East: 12,755 sales (+9.7%)
- North West: 36,326 sales (+12.9%)
- Northern Ireland: 5,759 sales (-1.6%)
- Scotland: 22,240 sales (+3.7%)
- South East: 48,522 sales (+8.1%)
- South West: 30,664 sales (+7.0%)
- Wales: 14,071 sales (+12.8%)
- West Midlands: 25,810 sales (+10.1%)
- Yorkshire and Humber: 24,468 sales (+8.7%)
The only region to experience a slight drop was Northern Ireland, where sales dipped by 1.6%.
Overall, the Leicester market is showing strong resilience and renewed momentum compared to the challenges of previous years. These figures highlight that many Leicester buyers are pressing ahead with confidence, taking advantage of competitive mortgage rates and improving economic conditions.
Don’t forget though, even though the property market is performing well, only 54% of homes that come onto the market actually end up exchanging and completing — (ie the owners move home). That’s why it’s so important to be realistically priced from day one if you want to maximise your chances of a successful move.
If you are considering a move in 2025, now could be an excellent time to explore your options. For an honest conversation about where your home sits in the current market, feel free to give me a call. No jargon. No pressure. Just straightforward advice.
Call 0116 2884888
