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Beresfords June 2025 Market Update

As we hit the halfway mark for 2025, the property market continues to show strong activity across both sales and lettings. We take a look at the data plus the Essex property market as whole to explain what this really means for you as a homeowner, buyer, landlord, or tenant..

Sales Market: High Demand, Limited Stock

Demand is outstripping supply. Beresfords saw an average ratio of 10 buyers for every 1 home for sale in June – a trend we’ve seen consistent across the last quarter. This imbalance reflects a strong sellers’ market and we’re seeing homes attracting multiple viewings and offers, often within days of listing.

We saw 2,987 home-viewings booked vs 1,133 new buyers register to Beresfords in June. These figures confirm heightened buyer engagement. For sellers, that’s a key indicator of how competitive pricing and presentation can drive momentum. Pricing accuracy is essential in fast-moving markets to avoid stagnation or under-offers and is just one of the many reasons as to why it's so important to choose an agent that understands the local market.

If you’re considering a move, now is a favourable time to benchmark your home’s current value.

If you're thinking about selling, there’s arguably no better time. Limited stock means less competition, and high buyer demand puts you in a strong negotiating position. For buyers, preparation is everything — ensure your finances and legal documents are in place to move swiftly and decisively.

Flagstone Financial, Essex’s largest introducer of mortgages and protection, is proud to be part of the Beresfords Group. Our team of qualified and highly experienced mortgage advisors are on hand – in person or virtually – throughout Essex, to discuss your financial situation and help tailor products and services so you’re able to make the right property decisions for you and your family. Contact them to arrange your initial consultation.   

Lettings Market: High Competition, Rapid Turnaround

Tenant demand remains robust. We’ve seen that there are more tenants registering than there are active properties available, therefore the rental market remains fiercely competitive. On average, for every available rental, six prospective tenants are competing. This is a strong signal that well-presented, fairly priced rental homes are unlikely to stay on the market for long!

In June, we arranged 888 viewings which means tenants are acting quickly, often securing viewings and submitting applications within hours of properties going live.

Landlords are in a strong position. Despite evolving legislation, and the loom of the Renters Reform Bill - demand continues to outpace supply, rental yields remain firm and void periods minimal. For tenants, this is a market that rewards speed and preparation — being reference-ready and flexible will increase your chances of securing the right home. Lots of other factors out of your control can have a huge impact on your sale. The state of the economy, mortgage rates and various government policies all impact the housing market. Buying a house is a substantial financial decision and people need to feel confident in their finances before approaching the market.

A Market of Opportunity, if You're prepared

We’re here not only to guide you through the process, but to give you a strategic advantage. If you’re wondering how this market affects your plans, let’s talk. 

With an expansive branch network of 17 offices across Essex and Greater London, we give local expertise and knowledge to help you take your next steps in your property journey, and we’ve been doing so since 1968. Contact your local branch today for more information.

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