Islington Property Market 📊 July 2025 | Islington Estate Agent
- Jacob Littorin
- Aug 14
- 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. 💜
In July, I went sailing in the Stockholm archipelago. Just 20 minutes away from the city, a world of 30,000 islands begins - named one of the 25 best places in the world to visit in 2025, by National Geographic. The best is the serene nature seemingly untouched. Most islands have no structures at all, while there are also idyllic villages, hiking trails, great food, and fantastic culture. I've been sailing every summer since I was born - it's summer for me. 💜
Jacob x
The latest from Islington
Jacob's takeaways
This was the best July for new listings in at least 3 years, showcasing slightly higher seller confidence in the market.
Additionally, it was an incredible July for the number of sales being agreed, more than in any month in 2024. However, this comes as the number of price changes is up at higher levels, particularly for properties below £1m in asking price.
We can see that selling successes came to a slowdown in July, with 83 homes below £1m and 28 above £1m. However, fall-throughs for properties above £1m went up to 17 - the highest in the last 12 months - bringing the fall-through rate to 37.8% in July.
Homes that didn't sell and were withdrawn instead decreased to 157 listings, below last year's and way below 2023, which is a positive sign. Below is the current status of the new listings and sales agreed trajectory.
The latest Islington listings activity
The latest statistics from Rightmove for the Islington postcodes of N1, N5, and N7. The listings data is for July 2025 compared with 2024 and 2023.
Lastest property market news from the UK
Simon Gates of Opening The Gates reported that the UK property market is seeing a gradual build-up in supply of homes for sale as market conditions improve and seller confidence increases. Properties for sale are now 23.32% higher than the six-year July average. Additionally, the number of new listings is up 4.99% compared to July 2024, and this was the best July for new listings launching to the market since 2020.
For sale agreed, this was the best July since 2021, and only May 2025 has seen a higher number of sales agreed since March 2022. However, with so many homes available for sale, the average time to get a sale agreed on a property in 2025 now stands at 80 days. This is the highest time to sell in the last 5 years.
Gates adds that increased competition between sellers has also led to price reductions surging by 20.43% compared to July 2024 and 41.96% compared to the six-year average. This highlights how much price sensitivity there is in the UK property market, with motivated sellers needing to adjust their asking prices to achieve sales.
Rightmove reported that the number of sales agreed is now 5% higher than last year, helped by more competitive pricing, with the number of available homes still at a decade-high level.
London is the biggest regional driver of new seller asking price falls this month (-1.5%), led by Inner London (-2.1%).
At the halfway point of the year, Rightmove reported that they are reducing its price forecast for 2025 from +4% to +2%, as the high level of seller competition is limiting price growth.
Zoopla reported that the sales market activity is seasonally strong for July. Buyer demand is 11% higher than a year ago, with 8% more sales agreed.
More homes for sale boost choice and support a buyers’ market. However, increased activity is not leading to price rises.
Stamp duty costs are higher for many buyers and are reflected in prices.
Jacob's takeaways
You must price your property correctly from the outset to handle this price-sensitive buyer's market. Data and analysis from Rightmove prove a point: homes with reduced asking prices take longer to sell, and when they do sell, the deal is more likely to fall through.
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
