June Market Dip – What It Means for the Summer Property Market

Now that we’re firmly into the second half of 2025, June’s Rightmove House Price Index reveals a surprising twist: average asking prices dropped for the first time in the month of June in over a decade. As we enter peak summer selling season, this data presents valuable lessons for both buyers and sellers.

What Happened in June?

• Average asking prices fell by 0.3% (–£1,277), bringing the UK average to £378,240.

• Buyer demand remains healthy at +3% year-on-year.

• New property listings increased by 11% compared to June 2024.

•  Homes that receive enquiries on Day 1 are 22% more likely to sell.

This dip is unusual for June, which typically sees prices rise as families prepare for summer moves.

Regional Impact
Southern regions saw the steepest monthly price drops:

• South West: –1.6%

• South East: –1.0%

• London: –0.9%

These areas also saw sharp increases in listing volume, suggesting sellers are flooding the market post-stamp duty changes introduced in April.

Why This Still Matters in July
Although we're now into July, the trends from June are still very much shaping the summer market:
Increased choice for buyers means more negotiating power.
Sellers must now work harder to grab attention in a more crowded marketplace.
Accurate pricing and fast engagement are more critical than ever.

Mortgage Watch
While mortgage rates remain relatively stable (5-year fixed around 4.6%), affordability remains tight—making buyer caution more common, and realistic pricing essential.

Azure Residential’s Perspective

At Azure Residential, we see this as an opportunity—not a warning sign.

For Sellers

• Don’t just list—launch strategically. Pricing right and maximising first-day impact can make or break your sale.

• Competition is higher than usual, especially in Birmingham’s family and commuter markets.

For Buyers

• With more stock on the market, there’s never been a better time in 2025 to explore your options.

• Sellers are more flexible, and motivated sellers will be open to well-structured offers.

For Landlords & Investors

• Watch the market closely. Areas seeing rapid listing increases may present strong negotiation opportunities and long-term value.

Final Thoughts

We're past the halfway point of the year, and the summer market is heating up—even if prices have cooled slightly. The message is clear: pricing, presentation, and pace are what win in today’s market.

  Thinking of selling or buying this summer? Get in touch—we’ll help you move smart.
Full Rightmove Report: Rightmove HPI – June 2025

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