As an agent in the Huddersfield property market, I believe it is important to offer local homeowners a balanced and realistic view of both the Huddersfield and national property markets. Far too often in the last few years, national newspaper and social media headlines have focused on doom and gloom, creating the impression that the housing market is on the verge of collapse. Yet when you look beyond the headlines and examine the actual data, a rather different picture emerges. We are going to compare Q2 2026 against Q2 2025 and Q2 2023. Why? Well, 2025 was deemed to be a good post-pandemic market and 2023 was a tough post-pandemic market.
National Homes for Sale
One of the ways to assess the health of the British
property market is to look at the number of new properties coming onto the
market. In the second quarter of 2026 (April, May and June), 488,933 properties
were listed for sale across the UK. Interesting when compared to the 484,974 in
Q2 2025 and 411,927 in Q2 2023.
The average asking price of a UK property coming
onto the market in Q2 2026 was £447k, compared with £449k in Q2 2025 and £436k
in Q2 2023, so not a big change either. The level of new instructions/listings
entering the property market is an important barometer of market health.
Yet during the financial crisis of 2008, the number
of homes coming onto the market surged tremendously, tsunami like, creating a
significant imbalance between supply and demand and contributing to falling
house prices. Therefore, whilst monitoring the volume of new listings is an
important indication of market conditions, one also needs to measure the number
of homes available for sale and the number of homes being sold subject to
contract.
National homes on the market and
the number of homes sold
The average number of homes for sale in the UK in
Q2 2026 was 746,300, very similar to 743,100 in Q2 2025, yet much higher than
the levels seen in Q2 2023, when 605,500 UK homes were for sale (for context,
it was 1.3m in Q2 2008).
Now, let us look at the demand.
In Q2 2026, 311,678 homes sold subject to contract
(STC) across the UK for an average price of £369,256. In Q2 2025, the number of
homes sold STC was slightly higher (4.9%) at 327,023, albeit with a very
similar average sale price of £366,785. Yet when we look at Q2 2023, only
283,817 homes were sold STC, again with a very similar average sale price of
£365,111.
So, on the face of it, Q2 2026
has been better than Q2 2023
for the number of homes sold
STC.
Until one realises that even though there has been
a 9.82% increase in UK house sales between Q2 2023 and Q2 2026, the number of
homes for sale has increased by 23.3% over the same time frame.
The UK property market is
still active and buyers are still buying, but there is a big catch: a smaller
proportion of the available properties are finding a buyer. That means sellers
are facing much greater competition, and simply coming onto the market is no
guarantee of a sale.
In this sort of market,
realistic pricing is not merely helpful, it is everything. The homes that are
correctly priced from day one are the ones attracting attention, generating
viewings and securing buyers, while those launched too high risk becoming part
of the growing stock that sits unsold.
So, now, let us look how
the Huddersfield property market has fared over the same period.
Huddersfield Property Market
Specifics
Locally, in Huddersfield (covering the HD1-5, HD7-8
postcodes),
Starting with supply of properties coming onto the
market, 1,071 new listings came onto the market in Q2 2023, 1,209 in Q2 2025
and 1,189 in Q2 2026. This is an 11% increase in new properties coming onto the
market in Q2 2026 compared to Q2 2023 in Huddersfield.
For the next part of the supply story we must then
look at the number of Huddersfield homes on the market. The average number of
homes for sale in Huddersfield in Q2 2023 was 1,431, in Q2 2025, 1,889 and in
Q2 2026, 1,688. Again, a 17.9% increase in the number of Huddersfield homes for
sale in Q2 2026 compared to Q2 2023.
On the demand side of the equation; 793
Huddersfield homes sold STC in Q2 2023, as expected this increased to 920 homes
sold STC in Q2 2025 and in Q2 in 2026, this dropped to 860 Huddersfield homes
sold STC.
So, we’ve had significant increases in the number
of Huddersfield properties coming on the market for sale and the total number
of properties for sale, yet the growth in sales between Q2 2023 and Q2 2026 has
only been 8.4%.
Interesting don’t you think?
Final thoughts for Huddersfield
homeowners thinking of moving
As you can see Huddersfield performed in a similar fashion to the
UK market and whilst the Huddersfield property market is still moving, home
sellers are now competing with far more homes than they were three years ago.
That does not mean homes are not selling. They are. However, with only around
six in ten properties coming to market successfully finding a buyer, realistic
pricing has never been more important.
Huddersfield home sellers who launch at an ambitious figure and
hope the market will catch up risk losing valuable time, becoming stale online
and eventually having reduced, will more than likely come off the market
unsold. (Remember, 80.1% of the homes listed and subsequently sold STC in
the UK in 2026 did not have a price reduction). By contrast, the
Huddersfield homes that are priced correctly from the outset are far more
likely to attract viewings, generate competition and secure a sale.
Ultimately, decisions about moving home should still be based on
personal circumstances rather than market conditions alone. However, anyone
thinking of selling in Huddersfield needs to recognise that this is a
competitive and price sensitive market.
If you are
considering selling or buying in Huddersfield, we are always available for a
no-obligation conversation and honest advice based on your own circumstances.