If youâre a homeowner in Reading with a three or four-bedroom family home and are considering a move in 2025, this monthâs market update is essential viewing. Whether youâre upsizing, downsizing, or relocating altogether, understanding whatâs happening right now can help you make smarter decisions.
đ Key Reading Market Stats â May 2025
Letâs dive straight in. Last month in Reading:
⢠414 new properties came to market
⢠333 went under offer â an encouraging 80%
⢠157 completions â about 57% of those under offer
⢠117 properties withdrawn â thatâs 42% of the number sold
⢠74 sales fell through â 22% of sales didnât reach completion
⢠282 price reductions â a huge 68% (or 7 in 10 sellers)
These figures paint a clear picture: the market has become more competitive, and sellers are having to adjust their expectations.
âď¸ Whatâs Causing the Divide in the Market?
As predicted in previous updates, weâre seeing a tale of two halves in Readingâs property market. On one hand, you have sellers whose homes are going under offer and progressing to completion. On the other, youâve got a significant chunk of sellers pulling their homes off the market entirely.
Why?
1. Stamp duty changes came into effect at the end of March, which spurred a rush of listings in spring.
2. More supply, less demand â With more homes available and slightly fewer buyers, buyers are spoilt for choice.
3. Price sensitivity â Buyers are holding out for value, and sellers are being forced to reduce prices to stay competitive.
đ¤ Selling Your Home in 2025? Ask These Key Questions
If youâre preparing to sell your family home in Reading, especially one with 3 or 4 bedrooms, hereâs the reality: your home must stand out.
Ask yourself and your agent:
⢠Does your marketing differentiate your home?
Is it just listed on Rightmove and Zoopla, or is there a strategy that includes social media, targeted ads, and professional video?
⢠Is there a bespoke video tour?
One that sells not just your home, but your lifestyle and the benefits of your areaâlike great schools, parks, and transport links?
⢠Whoâs doing your viewings?
Have you met them? Do they know your homeâs best features like you do?
⢠Do you have one clear point of contact?
Or are you being passed around from one person to another?
⢠Is there a clear plan?
Do you know whatâs happening next week, next month, and how your sale is progressing?
These questions can be the difference between a smooth sale and another year waiting on the sidelines.
đ Letâs Talk Strategy
If you donât have answers to every one of those questions, it may be time to chat. Iâm an independent estate agent covering Reading, and I specialise in helping families with 3 and 4 bedroom homes get moving â even in a challenging market.
Ready to plan your next move? Get in touch on the details below..
Kiel Holder | Your Reading Avocado Property Partner đĽ
Small Business Owner & Dad
âď¸ 07769 345 086
đ https://avocadopropertyagents.co.uk/agent-profile/kiel-holder