Prime London Property Market Snapshot: Week 31, 2024

New LonRes data tells us that 23% fewer sales were agreed last week than in the previous seven days, and 26% fewer than in the same week last year.

There has been a bounce in homes going under offer and in new sales instruction following the election, but agreed sales in the capital's prime postcodes remain thin-on-the-ground.

Things continue to be relatively quiet in Prime Central London, with less home-buying and selling activity taking place in Week 28 2024 compared to the same seven day period in previous years.