19/06/2026
π‘π UK Property Market Update β Week 23
The property market is still moving... but it's becoming increasingly unforgiving for sellers who get the price wrong. π
β
25,100 homes sold STC last week
π That's only slightly below the 10-year Week 23 average of 25,900.
So no, the market isn't slowing to a halt.
But buyers are becoming much more selective. π―
π 36,500 new properties came to market last week, taking the 2026 total to a huge 859,000 homes.
That's well ahead of the long-term average of 751,000.
And with 747,000 homes currently available across the UK, buyers have one thing they've lacked for years...
π Choice.
When buyers have choice, they compare.
When they compare, overpriced homes get left behind.
The numbers tell the story:
π» 13.4% of homes reduced their asking price in the last month
π€ 14.6% of homes agreed a sale
That's almost as many sellers cutting their price as securing a buyer.
Yet despite that, the market remains remarkably resilient πͺ
π 571,500 homes have sold STC so far in 2026
π That's 1.7% ahead of the same point in 2024
π And comfortably above the 10-year average
π· Prices are holding firm too:
π‘ Average sale agreed price: Β£381,000
π Average price per sq.ft: Β£357
The reality?
Homes are still selling.
Buyers are still buying.
Moves are still happening every day. π
But with roughly 7 homes competing for every buyer, pricing has never been more important.
π The best-priced homes create competition.
β³ The hopeful ones create silence.
If you're thinking about moving in Bicester, the strategy matters more than ever.
π₯ Get the pricing right.
πΈ Present it brilliantly.
π£ Market it properly.
That's what turns a listing into a sale.