York Housing Market Update – August 2025
1. Broader UK Market
- Zoopla Data Highlights:
- Average UK house prices have now risen 1.3% year-on-year, reaching approximately £270,000 as of July 2025.
- Demand remains robust buyer enquiries are up 4% and sales agreed have increased 5% compared to last year.
- Sellers must price realistically: homes priced too high take more than twice as long to sell.
- Rightmove Insights:
- The average asking price nationwide fell by 1.3% in August to £368,740, a seasonal correction typical for this time of year.
- Despite the price dip, July saw the strongest month for sales agreed since 2020, with activity 8% higher year-on-year.
- Properties that sell without price reductions do so in approximately 32 days, compared to 99 days for those needing a reduction.
- Around 34% of listings have already been reduced in price one of the highest levels at this time of year since 2023.
- The average asking price change year-on-year stands at +0.3%, reflecting tempered growth.
2. What This Means for York
- Price Growth & Market Dynamics
- Given York's location in the north of England, the resilience seen in that region both faster sales and relative price growth is likely reflected locally.
- Annual growth in York may be aligning with national trends of 1-2%, with the possibility of modest increases in high demand areas.
- Buyer Behaviour & Market Tempo
- As seen nationally, well-priced family homes and mid-market properties in York are likely achieving quicker sales.
- Flats and higher-end properties may experience slower turnover and require careful pricing to avoid elongated time on market.
- Supply & Choice
- Similar to broader conditions, York is experiencing increased listings, giving buyers more options and emphasising the need for realistic pricing and strong presentation to stand out.
Summary Table
|
Market Statistics |
National Insight |
Implications for York |
|---|---|---|
|
Price Growth |
+1.3% annual via Zoopla; +0.3% in asking via Rightmove |
Expect modest growth, especially on mid-tier properties |
|
Buyer & Sales Activity |
Demand up 4%, sales up 5-8% |
Likely strong activity in well-priced segments |
|
Time to Sale |
32 days if priced right, up to 99 with reductions |
Accurate initial valuation critical in York |
|
Regional Performance |
Northern markets outperform South |
York likely benefiting from regional strength |
|
Seller Strategy |
High price→longer days on market; reductions common |
York sellers must get pricing right from the outset |
Market Outlook for York – Autumn 2025
- Modest but steady growth: Expect continued slow appreciation, particularly in the mid-market (£300–£450k) .
- Buyer advantage: With more stock and active buyers, those priced competitively are seeing results quickly.
- Importance of pricing: A well-priced property in York could secure a sale within a few days ,pricing too ambitiously may lead to months of prolonged marketing.
- Preparation for autumn: September marks the traditional uptick in activity. Properties must be optimally priced and extremely well presented.
If you are wanting advice book in for a free no obligation market appraisal when we can give you recommendations on pricing and presenting your property to ensure it reaches the widest audience.