UK Property Market: 33k New Listings, 22.6k Sales in Week 40
UK Property Market: 33k New Listings, 22.6k Sales in Week 40

The UK property market continues to face gloomy press coverage, but the latest weekly data reveals a more nuanced picture. In week 40 of 2026, 33,000 new listings came to market and 22,600 homes were sold subject to contract (SSTC), according to the UK Property Market Stats Show.

Sales and Listings Data for Week 40

New listings in week 40 totalled 33,000, down from 34,800 the previous week. The weekly average for 2026 stands at 36,000, while the 10-year average for week 40 is 33,400. Year-to-date new listings reached 1.439 million, which is 0.4% below the same period in 2025 (1.444 million) but 1.8% higher than 2024 (1.413 million) and 9.7% above 2023 (1.307 million).

Gross residential sales in week 40 were 22,600 homes sold SSTC, compared with 23,600 the previous week. The 10-year average for week 40 is 24,500, and the 2026 weekly average is 24,200. Year-to-date gross sales stand at 966,000, which is 7.5% lower than 2025 (1.044 million) and 2.8% lower than 2024 (994,000), but 10.9% higher than 2023 (871,000) and 4.7% above the pre-Covid 2017-2019 average (922,000).

Net Sales, Exchanges and Withdrawals

Net sales, which deduct fall-throughs from gross sales, reached 17,900 in week 40, up from 17,300 the previous week. Year-to-date net sales are 745,000, 6.3% lower than 2025 (795,000) but 14.1% ahead of 2023 (653,000).

In September 2026, there were 76,600 exchanges and 63,800 withdrawals. This means only 54.5% of homes that left agents' books exchanged and completed in September, while 45.5% withdrew unsold. The seven-year average exchange-to-listings ratio is 57.6%.

Price Reductions and Sell-Through Rates

There were 27,500 price reductions in week 40, affecting 764,000 UK homes for sale. In August 2026, 11.1% of homes for sale were reduced, down from 13.7% in July. The 2026 year-to-date average is 12.8%, compared with the six-year long-term average of 10.9%.

The price difference between asking prices of listings and those of homes sold SSTC was 17.8% in week 40, against a long-term 10-year average of 16-17%. The average listing asking price was £428,000, while the average sale-agreed asking price was £363,000.

Fall-Throughs, Stock and Rental Data

The sell-through rate in September 2026 was 14.7%, up from 13.3% in August. The pre-Covid average was 15.5%. The week 40 fall-through rate was 25.6%, compared with a decade average of 24.5%. In September 2026, 5.2% of homes sold SSTC fell through, close to the 2026 year-to-date average of 5.1%.

Stock levels stood at 764,000 homes on the market on 1 October 2026, up from 752,000 in October 2025 and 722,000 in October 2024. Average rent in week 40 was £1,737 per calendar month, unchanged for October 2026 to date, but down from £1,880 in October 2025. Rental stock available on 1 October 2026 was 299,000, and 127,000 new rental properties came to market in September 2026.

Agreed sales in September 2026 averaged £338.98 per square foot, 0.2% higher than 12 months earlier (£338.90) and 13.7% higher than five years ago (£298.25). The show also analysed local market performance in Warrington, examining which estate agents give homeowners the strongest chance of moving and achieve better prices.