Islington Property Market 📊 August 2025 | Estate Agents Islington
- Jacob Littorin
- Sep 6
- 3 min read
Your monthly property market update covering the latest from the postcodes of N1, N5, and N7, as well as statistics from Greater London and the UK, from me, your Personal Estate Agent in our beloved Islington. 💜
Currently finishing up the new edition of my 60-page Islington Seller's Guide for Autumn & Winter 2025/26. It's a ton of value, and skim reading and skipping chapters... absolutely, you're welcome! Out soon. 💜
Jacob x
The latest from Islington
Jacob's takeaways
After several months of higher stock levels compared with last year, August saw availability fall back to 2022 levels. Even so, there are still more than a hundred additional homes for sale compared with both 2023 and 2024.
Momentum also eased across new listings, sales agreed, and price changes, with clear declines in each category. Sales agreed saw a sharper drop than is typical for the seasonal summer slowdown in the Islington property market.
Buyer demand, measured by average daily views per property, had been steadily declining each month until July and August, when it picked up slightly. Even so, viewing levels remain well below last year’s. Additionally, there are still many more homes for sale on the market for over 12 weeks than in 2024 and 2023.
The number of homes withdrawn from the market fell sharply in August, reaching its lowest level since 2022. This points to stronger seller motivation, with more homeowners willing to adjust pricing and strategy to secure a sale.
This market confidence is reflected in the cumulative figures: new listings are ahead of 2024, 2023, and 2022, while sales agreed are ahead of both 2024 and 2023.
The latest news from the UK
Simon Gates of Opening The Gates reported that the UK property market is showing strong resilience, with the number of homes for sale up 7.8% compared with 2024, and 23.6% above the six-year average.
More homeowners are testing the market, though August showed signs of cooling momentum. New listings were down 13.3% from July and 4.2% compared with August last year. Even so, it was the strongest August for sales since 2020, despite sales agreed falling 8.9% from July. Notably, August also saw a sharp fall in withdrawn listings, down 50% month-on-month and 43% year-on-year. This suggests sellers are more motivated to see a sale through, likely reflecting more realistic pricing after earlier over-optimism.
Simon concludes that while the broader outlook for the UK property market in 2025 remains positive, short-term momentum has eased.
Rightmove reported that serious sellers and buyers locked in deals this July at levels not seen since 2020, making it the strongest July for agreed sales since then. Sellers are pricing realistically to attract buyers, and the combination of lower prices and a high number of homes for sale continues to boost sales activity.
The number of homes available for sale is now 10% higher than this time last year. Within this market, there are two camps: many sellers are pricing realistically and competitively, leading to agreed sales, while others are still setting prices too high. The statistics highlight the contrast. 34% of properties have had a price reduction, a figure only exceeded at this time of year in 2023 since 2012. The average time to secure a buyer is now 62 days, but this falls to just 32 days for properties without a price reduction, compared with 99 days for those that do.
The Bank of England’s third rate cut this year is further boosting buyer optimism and affordability.
Zoopla reported that buyer demand is up 4%, and it is a busier housing market than this time last year.
In addition, they also share the recent statistics on how a price reduction will affect your sale. Reducing your price slows down your sale, as it will likely take 2.4 times longer to find a buyer. With September marking the start of the busy autumn selling season, you now have to get your price and sales strategy right.
Buyers have more choices, with so many homes for sale, while affordability remains a challenge, resulting in a very slow growth of prices.
Jacob's takeaways
You must price your property correctly from the outset to achieve a sale and move to your dream home. As the data suggests, it is not worth it to test an inflated price. With expert strategy and a price to attract interest, you can achieve a sale and move to the next chapter of your life. 💜
We are in this together, and this is your monthly Islington Property Market update from Jacob Littorin, your Personal Estate Agent in Islington. Published since 2023 - subscribe to not miss the next edition, always covering our beloved Islington. 💜
Jacob x
