Why June’s House Price Dip Could Be Good News for Sellers.
June's price dip is helping well-priced homes sell faster in a busy, competitive market.
This June has brought a surprise twist in the housing market: the average asking price of a home has dipped by 0.3%, to £378,240. While this might sound like a setback for sellers, it could actually be a golden opportunity—particularly for those looking to move on or move up.
For starters, this small drop is largely down to a surge in homes for sale—the highest supply we've seen in over a decade. With more choice for buyers, sellers are now pricing more competitively to stand out. The good news? It’s working. Last month saw the highest number of sales agreed since March 2022, proving that well-priced homes are attracting serious interest.
If you're planning to upsize or relocate, this market shift could work in your favour. While you may accept a slightly lower offer on your current property, you're also more likely to secure a better deal on your onward purchase—especially in higher-value areas like the South East or London, where asking prices have softened the most.
In contrast, more affordable regions such as the North West, Wales and Yorkshire continue to see price growth, driven by strong demand and less impact from recent stamp duty changes.
With buyers enjoying greater negotiating power, sellers who present their homes well and price strategically are reaping the rewards.
In fact, listings that get an enquiry on the first day are 22% more likely to sell.
Serious sellers are more focused than ever, and that renewed realism is turning the tide. If you're thinking of selling, now’s the time to act—with the right pricing, you could be moving sooner than you think.
Call us today if you would like a conversation and a free valuation.
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