🏡 UK Property Market Update: A Seasonal Slowdown to Close the Year
December’s house price figures reflect a familiar seasonal slowdown rather than a shift in market direction. With prices dipping month-on-month but remaining up year-on-year, the foundations remain steady as we head into 2026.
According to the latest Rightmove House Price Index, the national average asking price dipped by 1.8% month-on-month, a slightly larger fall than the long-term December average. This brings the average asking price to ÂŁ358,138, down from ÂŁ364,833 in November.
Why December Always Looks Like This
December is traditionally the quietest month of the year for new listings. With fewer buyers actively searching and many sellers choosing to relaunch in January, asking prices often soften as homes compete for reduced attention.
How Different Buyers Are Behaving
Across England (excluding inner London), price movements were fairly consistent:
• First-time buyer homes: down 1.4%
• Second-steppers: down 1.8%
• Top-of-the-ladder properties: down 2.4%
Larger family homes have seen the biggest December adjustment, reflecting the fact that discretionary movers often wait until the new year before making big decisions.
North Yorkshire Focus: DL7–DL11
For our local market, the picture mirrors national trends, with some important nuances.
In Yorkshire and The Humber:
• Average asking price: £245,178
• Monthly change: -1.9%
• Annual change: +0.7%
• Average time to find a buyer: 70 days
What we’re seeing on the ground is not a lack of interest, but far more cautious and considered decision-making. Buyers are well-informed and selective, particularly on pricing and presentation, and only viewing homes that offer 'good value for money'.
Final Thoughts
The December index confirms what we see most years: the market takes a breath, then moves forward again. If you’re considering selling, the right preparation now can put you in a strong position for the new year. Remember, if everyone else lists in Spring, you need to get ahead of this before the market is 'flooded' with new listings.
As always, we’re happy to talk through timing, pricing and strategy, with your long-term outcome in mind.
If you're thinking of a move in the near future, get in touch with our Sales Team for any advice- 01748 834373