The UK property market has recorded 282,000 new listings in the first eight weeks of 2026, representing a 1% increase on 2025 and 20% above the 2017-19 average, according to data from the UK Property Market Stats show for the week ending 1 March 2026.<\/p>\n
However, the data reveals 48% of properties that left estate agents\u2019 books in February were withdrawn unsold, a trend attributed to overvaluation and extended sole agency agreements of 20 weeks or longer.<\/p>\n
Gross sales year-to-date reached 194,000 homes sold subject to contract, down 6% on 2025 but 11% higher than 2024 and 19% above pre-pandemic norms. Net sales, which account for fall-throughs, totalled 150,000, representing a 4% decline on 2025 but 11% ahead of 2024 and 16% above the 2017-19 average.<\/p>\n
Weekly sales activity showed 26,600 homes sold subject to contract in week eight, up from 26,200 the previous week and above the 10-year average of 25,700 for this period.<\/p>\n
Comparing January and February 2026 with the same period in 2024, 10 of 12 UK regions recorded increased sales activity. The East Midlands led with a 12.2% rise, followed by Wales at 10.2% and East Anglia at 8.7%. The West Midlands increased 6.6%, while Scotland and the South West both rose 5.4%.<\/p>\n
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London bucked the trend with a 5.9% decline, while Northern Ireland recorded the largest fall at 8.6%.<\/p>\n
The market recorded 20,900 price reductions in week eight, up from 19,800 the previous week. In February, 11.4% of residential properties for sale had their prices reduced, compared to 12% in February 2025 and 11.5% in February 2024.<\/p>\n
New listings reached 36,800 properties in week eight, slightly up from 36,400 the previous week, compared to a 2025 weekly average of 30,600.<\/p>\n
The data indicates a market characterised by increased supply and regional variation, with withdrawal rates suggesting pricing strategies remain a significant challenge for vendors and agents in early 2026.<\/p>\n","protected":false},"excerpt":{"rendered":"
The UK property market has recorded 282,000 new listings in the first eight weeks of 2026, representing a 1% increase on 2025 and 20% above the 2017-19 average, according to data from the UK Property Market Stats show for the week ending 1 March 2026. However, the data reveals 48% of properties that left estate […]<\/p>\n","protected":false},"author":1,"featured_media":9173,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[2],"tags":[],"class_list":["post-9172","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-second-home"],"yoast_head":"\n