Was it a buyers’ or sellers’ market?
Are you contemplating
moving home in Huddersfield during the next 9 months?
You may be a Huddersfield
landlord wondering whether you should grow your portfolio or sell off a few
properties? Or you're a Huddersfield first-time buyer considering if now is the
best time to move?
Understanding
whether the current property market favours buyers or sellers is key to making
the right call. If you follow my regular Huddersfield property market updates,
you will know one of the most dependable ways to assess the property market is
by observing the percentage of homes marked as "Sold STC" or
"Under Offer" compared to the total number of properties on the market.
Let me show
that in practice. Let us say there are 600 properties on the market in a town
or city, and say 400 of those properties are for sale, fully available to buy. The
remaining 200 are under offer or sold stc. The 200 homes sold stc as a
percentage of the overall total of 600 gives us a sales percentage of 33%. It
is this percentage that gives a good indication of the local property market
temperature and who holds the upper hand, i.e., buyers or sellers (or somewhere
in between).
This
percentage figure acts as a barometer for market conditions and can be analysed
using this industry recognised table:
·
Extreme Buyers' Market (0%-20%)
·
Buyers' Market (21%-29%)
·
Balanced Market (30%-40%)
·
Sellers' Market (41%-49%)
·
Hot Sellers' Market (50%-59%)
·
Extreme Sellers' Market (60%+)
How Does Huddersfield Compare?
Examining
historical data from The Advisory's website, which has tracked this metric for many
years, reveals some key trends for Q1 for the last four years (and for
comparison, all the quarters in 2025. For this exercise, Huddersfield is HD1-HD5,
HD7-HD8).
·
Q1 2023 - 42%
·
Q1 2024 - 43%
·
Q1 2025 - 43%
o
Q2 2025 - 41%
o
Q3 2025 - 44%
o
Q4 2025 - 48%
·
Q1 2026 - 46%
These percentage
figures are an average of the Huddersfield postcodes (as noted above).
For interest, if I
break down the Q1 2026 figure by individual Huddersfield postcodes, it actually
tells an even more interesting story…
·
HD1 – 36%
·
HD2 – 45%
·
HD3 – 48%
·
HD4 – 40%
·
HD5 – 52%
·
HD7 – 51%
·
HD8 – 47%
Look at the
difference between the postcodes!
So, what does
a 46% "Sold STC to total stock" ratio mean for Huddersfield right
now?
It places the
local Huddersfield market at the middle of a sellers’ market.
For Huddersfield
Sellers
We are firmly
in a market where patience, presentation and accurate pricing matter more than
ever. Huddersfield buyers now have a lot more choice of homes to buy. Simply
listing your property and hoping for the best will not cut it.
The Huddersfield
homes that achieve a sale are those that enter the market with the right price
from day one, have high-quality photography and marketing that stretches both
online and old school offline.
Overpricing
is the fastest way to stall/stop your home move. Of the U.K. homes
that do end up selling, those homes that don’t get their asking price reduced (i.e.,
realistically priced from day 1) are 135% more likely to get a sale agreed
on them (compared to those homes that get a price reduction). Also, they
will take a third of the time to achieve a sale and are half as likely for that
sale to fall through.
To add more
weight behind those statistics, if a home hasn't sold by the 12th week (because it
is overpriced), it only has a 14.5% chance of selling.
Finally,
if a home has a sale agreed on it within 25 days of it coming onto the market (i.e.,
it’s realistically priced), it has a 19 out of 20 chance (94%) of reaching
exchange & completion (i.e., the homeowner moves). Wait until 100
days to agree a sale and the chances of getting that sale agreed to exchange
& completion drops to 11 out of 20 (56%).
Getting the
price right at launch is critical. Remember, 64.75% of the Huddersfield homes
that have left Huddersfield estate agents books since the start of 2026 have
the owners exchanged and completed (i.e., sold and moved) ... the
remaining 35.25% (350 Huddersfield homeowners to be exact), withdrew off the
market, unsold and not moving to their forever home.
For Huddersfield Buyers
The
pace of the market has eased compared to the madness of 2021 and 2022. That
gives you breathing space to assess, compare, and homes negotiate a good deal.
However, do not mistake calmer for easy. The best Huddersfield homes are still
drawing strong interest and hesitation can cost you.
If
you want to stand out, be prepared. A mortgage agreement in principle is no
longer a nice to have, it is expected. It signals seriousness and gives sellers
reassurance. Also, be willing to look slightly outside the obvious hotspots.
Some of the best value in Huddersfield is sitting just beyond where everyone
else is searching.
Final Thoughts on the Huddersfield Property Market
There
is a quiet shift happening. Inflation is edging up again, interest rates are
unlikely to fall dramatically in the short term, and the wider economic
backdrop remains a little fragile. Yet the property market in Huddersfield is
holding steady.
That
makes pricing more important than ever. Get it right, and you give yourself a
genuine chance. Get it wrong, and the market will quietly move on without you.
Yes, you may not achieve the peak prices seen a few years ago. But equally, the
home you are buying next will reflect that same reality.
If
you are thinking of moving in the next nine months, or simply weighing up your
options, let’s have a conversation. And if you are staying put, I would still
be interested to hear your view on where the Huddersfield market goes next.
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