Property Market Update - Week 9 of 2026
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Last week I mentioned that the UK property market had plenty of movement but very little margin for error. Week 9 has done very little to change that picture.
New listings continue to arrive at a healthy pace, keeping buyer choice high. With more than 680k homes now available across the UK, the market is far more competitive than many sellers realise. Buyers have options, and they are taking their time before committing.
Demand itself has not disappeared. Sales agreed are still tracking broadly in line with the long-term seasonal average and are running ahead of last year overall. In other words, buyers are still out there. They are still purchasing homes. They are just being more selective.
The average prices have also remained broadly steady over the last months, with the typical home selling for around £360k mark and the average time to find a buyer sitting at roughly ten to eleven weeks.
But the statistic that matters most remains the one I mentioned last week.
Only just over half of the homes that come onto the market actually go on to sell and complete.
That single figure tells you almost everything about today’s property market.
This is not a market where buyers will chase unrealistic asking prices. It is a market where correctly priced homes generate viewings, offers and sales, while homes that start too high simply sit and wait.
Buyers are active. Mortgage rates are stable. Transactions are happening.
But only for the homes that enter the market at the right price from day one.
Because in today’s UK property market, pricing is not just important. It is the strategy.