UK Property Market Week 19 2026: Buyers Are Back… But Sellers Are Flooding the Market
Week 19 saw the UK property market bounce back strongly after the Bank Holiday slowdown, with 27,016 homes sold STC, the second best week for UK house sales in the last 12 months and comfortably above the long term Week 19 average of 24k.
Demand is clearly still there. Yet the bigger story remains supply.
41,830 new properties came onto the market last week, massively ahead of the long term seasonal norm of 32.3k. That continues to push available stock levels higher, with 731,910 homes currently for sale across the UK, compared to 579k only three years ago.
Buyers now have choice. Lots of it & when buyers have choice, they become ruthless.
Only 13.1% of UK homes reduced their asking price in the last month, which is too low as only 14.6% of homes on the market secured a buyer. What about the other 72.3% homes on the market, unsold?
Yet despite all the doom merchants, house prices themselves continue to hold remarkably firm.
The average UK sale agreed price last week was £378k, with homes selling at an average of £362 per square foot, both ahead of 2025 averages.
Bottom line … the best presented and best priced homes are still selling quickly and fair market prices. The rest are simply helping the competition look better.
