One in nine properties sold above asking price in February, but more deals are taking longer to complete
The number of properties selling for more than their asking price increased to one in nine (11%) in February, according to Propertymark - the highest level since August last year, and the highest February figure since 2016.
One in eight properties sold above asking price in August
13% of homes went for more than their original asking price last month, according to Propertymark, up from 8% in July and 10% in June.
Sharp drop in properties selling above asking-price
The majority of properties sold at or below asking price in September, according to Propertymark, but buyer demand continues to outpace sales supply.
Ranked: Prime London’s most price-reduced areas
21% of £3m+ sales listings in prime London areas have had their initial asking price reduced; Maida Vale is the most discounted enclave...
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Building Businesses: 2024’s top prime estate agency mergers & acquisitions
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Price reductions climb to a record high
38% of 2024's concluded property listings had their asking price trimmed at least once - but estate agents are not to blame for over-pricing, argues data company.
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Ranked: Britain’s most expensive streets in 2024
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Housing market ‘ends 2024 on a high’ as sales pipeline runs hot
'It remains a buyer’s market and signs of increased caution amongst home buyers will keep UK house price growth in check over 2025,' says Zoopla.
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