In this week’s UK Property Market Stats Show, we review the latest market data for the week ending Sunday 29 March 2026, with analysis from myself and Toby Martin.
In the second half, we turn our attention to Portsmouth, taking a closer look at which properties and letting agents are performing the strongest in the local market.
The discussion also explores how agents can use data and tools to demonstrate performance, challenge overvaluation by competitors, and support stronger fee positions.
2026 UK Property Market Headlines for Week 12 (Week ending Sunday 29 March 2026)
🟩 Listing YTD
441k new properties have come on the market YTD, which is 1.3% ahead of 2025, 8.1% above 2024 and 19.4% above the 2017-19 average.
🟧Total Sales YTD
298k UK homes sold in STC YTD, which is 5.4% below 2025, 7% above 2024 and 16.6% above pre-Covid norms.
🟩 Net Sales YTD
233k UK net domestic sales YTD (net sales, gross sales less fall through). 2.8% below 2025 (240k), 6.8% ahead of 2024 (218k), 21.4% ahead of 2023 (192k) and 13.6% above the 2017-19 average (205k).
🟥 Exchange YTD
139k UK exchanges by the end of 26th February
5.5% lower than at the end of February 2025, when it stood at 147k.
🟥 overestimate
46.1% of homes left on the books of UK estate agents in February were repossessed. Main reason – blatant overvaluing supported by 20+ week long sole agency agreements.
Detailed description…
✅ new lists
• 40.3k new properties came on the market this week, down slightly from 39.4k last week.
• 2025 weekly average: 30.6k.
• 10-year Week 12 average: 35.8k.
✅ price cut
• This week there was a reduction of 23.2 thousand, which is less than last week’s 23.6 thousand.
• Sales of residential homes decreased by 11.4% in February. February 25 – 12%. February 24 – 11.5% (March figures will come next week)
• The 2025 average was 12.8%, while the 6-year long-term average was 10.7%.
✅ consent to sale
• 12.26.3 thousand STC houses were sold this week, which is more than 26 thousand last week.
• Week 12 average (for the last 10 years including post-pandemic surge): 26.5k
• 2026 weekly average: 24.2 thousand.
✅ sell-through rate
• 15.4% of homes on agents’ books in February 26 moved to SSTC. (Feb ’25 – 16.1% / Feb ’24 – 16.7%) – March figures will be out next month.
• Pre-Covid average: 15.5%.
✅ Price difference between listing and sale
• 21.5% difference (long-term 10-year average is 16% to 17%). (£442k Ave listing Ave asking price vs £364k sale agreed Ave asking price).
✅ fall-through
• 5,538 fall-throughs last week (STC’s pipeline selling 434k homes).
• Weekly average for 2025: 6.1 thousand.
• Fall-through rate (expressed as a % of gross sales for that week): 21%, down from 20.7% last week.
• Long term average: 24.2% (post-truce anarchy levels seen above 40%).
• 4.9% of all sales agreed in estate agent sales pipelines fell in February 2026. 2025 average – 5.3% and 10 year average – 5.8%). March figures will come next week.
✅ total sales
• 20.8k net sales, slightly up from 20.6k last week
• Ten-year Week 12 average: 20.8k.
• Weekly average for 2026: 19.4k.
• Weekly average for all of 2025: 18.8k.
✅ Probability of Selling (% of Exchange vs. Withdrawal)
• Feb ’26 stats: 53.9% of homes that left agents’ books were flipped and completed in February. (Note that this figure will change throughout the month as more data for February becomes available). March figures will come next week
• 57.6% is a 7-year average (which includes the crazy 18 months following the lockdown).
✅ House prices (£/sq ft)
• Agreed sales in February ’26 averaged £343.36 per square foot. Up 2.3% from 12 months ago (£335.63) and up 18.2% from 5 years ago (£290.43). Sale agreed £/sqft, matches HM Land Registry index with 98% accuracy 5 months ago. That’s why it’s so important.
✅ stock levels
• 682k homes on the market as of March 1, 26. (675k – 1 Mar 25)
• 434k homes in the agent sales pipeline at 1 March 2026, slightly less than 12 months ago (444k) at 1 March 2025.
✅ UK rental data
• Average rent in February 2026 – £1,711 pcm (£1,745 in February 25)
• 305k of UK rental stock available to rent in February 26 (310k in February 2025).
(March figures will come next week).
✅ local focus
portsmouth