First price rise since summer 2023 but Prime London sales market remains mixed February the saw the first annual rise in prices for prime London since June 2023. This is despite stock on the market continuing to increase, with the monthly activity data showing supply growing faster than demand. The latest February data indicated a reasonable volume of activity for the time of year. Sales transactions fell by 8.4% compared with the same month last year but were 6.8% higher than the 2017-2019 (pre-pandemic average) February average. The number of properties going under offer was 11.0% higher than a year ago, and 18.8% more than the 2017-2019 (prepandemic average) February average
This website uses cookies to ensure you get the best experience on our website. More info
