The Milton Keynes housing market in July 2025 has been defined by rising supply, steady
buyer demand, and continued price resilience, even as the wider economic backdrop
presents headwinds for the property sector.

Stock Levels Surge to Five-Year Highs

There were 3,347 properties for sale in Milton Keynes in July 2025, a 17% increase
compared with July 2024 and the highest July figure since 2020. This growth in available
stock suggests that sellers are feeling more confident about listing, potentially encouraged
by stable interest rates and sustained demand from buyers relocating into the area.
New listings also rose year-on-year, reaching 694 in July 2025, up 12% compared to last
July. This is a noticeable rebound from the tighter listing conditions seen in mid-2023 and
indicates that sellers are no longer holding back in the hope of future price rises.

Sales Agreed Hold Steady Despite More Choice

Sales agreed in July totalled 470 transactions, broadly in line with July 2024’s 477. This
stability, despite the significant increase in stock, reflects healthy buyer activity, though the
market is clearly more competitive for sellers. Well-presented, realistically priced homes are
still attracting swift offers, while those priced ambitiously are spending longer on the market.

Prices Show Resilience – But with Nuance

The average asking price for new listings was £419,000 in July 2025, up 0.7%
year-on-year, while the average asking price for sales agreed was £359,727, down just
1.5% from last July. This slight dip for agreed sales suggests buyers are negotiating harder,
especially with more options available.
On a £ per sq ft basis, new listings averaged £396, a 5.6% jump from July 2024, while
sales agreed averaged £373, marking a strong 3.6% rise. This indicates that while headline
prices on sold properties are marginally lower, the quality, or size of homes selling may be
higher, helping maintain value levels.

Increased Price Adjustments Reflect a Competitive Market

Price changes rose sharply to 531 in July 2025, up 43% year-on-year, signalling that
sellers are increasingly adjusting expectations to secure a sale. Withdrawals, however,
dipped slightly to 332 (from 346 last year), suggesting fewer sellers are choosing to pull
properties from the market altogether.
Fall-throughs also rose slightly to 146, up from 127 in July 2024, potentially due to stricter
mortgage affordability checks or buyers taking advantage of the broader choice available.

Outlook – A Market of Opportunity

The Milton Keynes property market is in a phase where buyers have more choice and
sellers face more competition, but prices remain broadly stable. Sellers who adapt to the
new reality by pricing realistically and presenting their homes well are still achieving strong
results.
For buyers, the increased stock and steady prices create a rare window to secure a quality
home without the intense bidding wars seen in 2021 and early 2022.

For any guidance on your homes value or if you are planning your move in Milton Keynes, please get in contact….I would love to help.