🏡 UK Property Market Update: November Sees a Seasonal Slide
November’s data confirms what we’re seeing locally: the market has entered its seasonal slowdown a little earlier than usual. The national averages are dipping, but activity hasn’t stopped; it’s just shifted toward serious, value-focused buyers.
Rightmove’s latest data shows a larger-than-usual drop in average asking prices this November, with values down 1.8% month-on-month to £364,833. Prices are now 0.5% lower than a year ago, but agreed sales remain 4% higher than in 2024, suggesting there’s still a steady core of committed movers.
Yorkshire & The Humber: Cautious and Competitive
In Yorkshire, average prices fell 2.4% in November to £249,810, while the yearly figure held steady at +0.0%. It’s a clear sign that prices have levelled out after a long period of gradual growth.
Locally, the market remains price-sensitive and slow for higher-value homes. Viewings are taking longer, and many buyers are using the Autumn Budget and Christmas as reasons to pause. Homes that are well presented and priced realistically are still achieving results, but anything overvalued is sitting longer. The average time to find a buyer has crept up to 68 days.
North Yorkshire Focus: DL7–DL11
Across our area, we’re seeing the same trend. There’s still movement in the low/mid-market and for sensibly priced homes, but those at the higher end are finding buyers far more hesitant. We have more in-depth information on our postcode area. Please get in touch to find out more.
Final Thoughts
The market is still moving, but slowly. With the Autumn Budget and Christmas in sight, patience and preparation are what will help sellers stay ahead this season. If you're considering a move, a discreet listing until the new year might be an option for you- get in touch with the team for more info!
If you're thinking of a move in the near future, get in touch with our Sales Team for any advice- 01748 834373