Haslams Residential Sales Market Insight Report for Reading Q1 2025

At the start of 2025, we predicted a surge in exchanges ahead of the stamp duty deadline and a rise in stock levels, both of which materialised. Compared to the same period last year, completions jumped by 86%, showing the impact of a unified market push.

Stock also rose, driven by vendors making a final attempt to beat the deadline and a slight uptick in landlords selling. This gave buyers more choice, easing pressure on asking prices. In Reading, for example, 17% more homes saw price reductions.

Yet, properties going under offer slightly outpaced last year, indicating buyer appetite remains despite economic uncertainty. Sellers must work closely with agents to ensure their marketing aligns with buyer expectations. As we move into Q2, new challenges emerge. While the global stock market faces uncertainty, the property market could stand to benefit. With potential interest rate cuts and falling mortgage rates anticipated, optimism may return – providing fresh momentum for both buyers and sellers.

Read our Lettings Sales report here, or scroll down to continue to read our Residential Sales report.

Chris Cullity Head of Residential Sales