At first glance, that number feels huge. 133% more homes on the market in Lancaster than in May 2022. More choice for buyers. More competition for sellers. But there’s more to this story… 👀
Despite the growing number of properties for sale, the Lancaster market is far from standing still. Sales are happening. Prices are holding steady. And buyer demand is still there—just a little more considered and a little more selective.
Let’s take a closer look at what’s happening—nationally and here at home in Lancaster. 🏡
🔍 A National Market That’s Gaining Momentum
So far in 2025, UK sales are up 📊
- As of June 8th, 580,191 homes across the UK had been sold subject to contract—6% more than this time last year.
- That’s also a jump from 486,035 in 2023. Steady progress year after year.
May alone saw 121,665 homes agreed for sale across the UK. That’s a 23.4% rise compared to May 2023.
Prices? They’re stable, with small growth:
- Average UK sale price in May 2025: £372,664
- That’s a modest 1.1% rise over two years.
Price per square foot has also nudged up from £338 in 2023 to £349 now—a 3.25% increase. So, while the media may talk of price drops, the data tells a more balanced story. ⚖️
📍 Now, Let’s Talk Lancaster…
Here’s what’s happening right here in Lancaster (LA1 & LA2) ⤵️
Homes Sold STC in May:
- 2023: 114
- 2024: 137
- 2025: 135
Average Sale Price:
- 2023: £266,122
- 2024: £245,622
- 2025: £264,299
£ per Square Foot:
- 2023: £245
- 2024: £239
- 2025: £252
So what are we seeing? Sales volume is up compared to 2023, and values have recovered well from 2024. Lancaster is holding strong. 💪
🏘️ Let’s Talk Supply…
Here’s where that “133% more homes” figure comes in:
- May 2022: 443 homes for sale
- May 2023: 700
- May 2024: 854
- May 2025: 1,034 🏡
This increase gives buyers more choice, but it also means sellers need to stand out. Because while more homes are coming to market, not all are selling.
Nationally, just over 56% of homes listed so far this year have sold. The rest? Withdrawn or unsold.
🎯 What This Means If You’re Selling in Lancaster
The good news? There are motivated buyers. But they’re careful—and with more options, they’re comparing homes closely.
That means:
✨ Great marketing matters more than ever
🎥 Video tours, 📸 professional photography and 🎯 social media campaigns aren’t optional—they’re essential
💷 Accurate pricing is critical
🏡 Presentation is key
If your home doesn’t shine online, it’s easy to get lost in the crowd.
🤝 What This Means If You’re Buying
There’s more stock to choose from—across different price points and neighbourhoods. And if you’re flexible (maybe on location, layout or fixtures), there are some great opportunities out there.
💡 A Final Thought…
Most Lancaster homeowners are also buyers. Over 8 in 10 people we speak with are moving both ways. So remember—negotiating a bit on your sale may open the door to a better deal on your next home. It’s about balance, not just the bottom line.
The Lancaster property market doesn’t follow the headlines. It follows people—your goals, your timelines, your next steps.
With interest rates stabilising and more homes on the market, there’s plenty to be positive about heading into the second half of 2025. 🙌
If you’re thinking about your next move, now’s a great time to have a chat. We’re here to help you make smart, informed choices—whatever stage you’re at.
📞 Call us on 01524 843322 or pop into the office. We’d love to hear your thoughts on what you’re seeing in the market.
Thanks for reading
Michelle x
