Search
1st July 2025
Welcome to the quarterly market report from Maslen Estate Agents.
For a nation that often seems to be obsessed with property prices, boom and crash news story headlines have been relatively few recently. In some part this is due to everything that's going on out in the wider world but there are the usual expected seasonal reasons too.
Over the summer there is generally a slowdown in activity
for the housing market. However, that's not always so true in a coastal city
like ours because Brighton and Hove takes on a whole new dimension in the
warmer weather - and that attracts lots of viewings from potential buyers too!
Overall though, the fact that the Bank of England base rate has remained unchanged has been essentially 'non-news', although more cuts are still expected in the second half of the year.
So what exactly is the state of the property market at this moment and what does it mean for both sellers and buyers?
Sellers
Although it doesn't have much to report around this time of year, the industry benchmark data from Rightmove has revealed that last month saw the highest number of sales agreed nationwide in any month since March 2022.
Another big positive takeaway for anyone looking to sell their home right now is that buyer demand is up 3% on this time last year. Taken together these two points are important for sellers because it shows that even at a time of year when activity is usually slowing down, things are actually very busy indeed.
However, there is a flip side to the coin. Right now the number of residential properties for sale is at a ten-year high, which means that competitive pricing is essential in order to get interest, viewings and a successful sale.
Buyers
The Rightmove data also has good news for anyone looking to buy a new home. Prices of properties coming onto the market saw a slight drop of 0.3% last month. More than that, the number of homes being listed for sale is 11% up on the same time last year.
What this means is more choice for potential buyers who are also in a position to take advantage of the competitive nature of the market that sellers are having to come to terms with.
So with a decade-high level of competition amongst sellers, it is something of a 'buyer's market' in many ways. Even so, it still applies that once you find your new dream home you need to move fast - there's an increase in demand that means you are also in competition with other people who will want that property too.
Overview
So the key points from this snapshot of the market as we hit the main summer months is that things are active and very healthy. More people want to sell their home than at any point in the last ten years, and 3% more people want to buy than at this time last year.
The slight disparity in those numbers means that buyer choice is high, so as with any 'demand and supply' situation the property market is very price-sensitive.
Getting the 'sweet spot' realistic asking price is key to finding the right match of seller and buyer, and the only way to find that figure is by taking the advice of an independent, experienced local estate agent.
Maslen Estate Agents has been recognised as one of the top
500 UK estate agencies by The Best Estate Agent Guide for 2025, making it eight
years in a row that we've attained that accolade. Last year we achieved 98.4%
of our asking prices when properties were sold and increased our sales by 36% on the previous year.
We're proud that the hundreds of Google reviews we've received give us an impressive average score of 4.9 too.
If you want to sell or buy a home in Brighton and Hove talk to us - Call 01273 677 001, email [email protected] or pop into our centrally located office on Lewes Road to have a chat.