You’ll often hear it said that the housing market quietens down over the summer holiday period but wakes up in September – but is it true? What do the numbers say?
As the end of the school break comes to an end, it’s a useful time not only to look at what the data shows us about the September property market, but also to offer some tips about what you should be thinking about right now if you are an Edgware homeowner considering selling your home.
Seasonal data does indicate an autumn uptick. Rightmove figures show that asking prices have increased in September in all but three years since 2001. The typical rise is around 0.6% month-on-month.
But it is not only a property price phenomenon. Activity itself also tends to pick up once the holidays are over. In fact, new listings jump as soon as September begins. Rightmove has reported that the number of new properties coming to market in the first week of September can be around 12% higher than the weekly average in August.
But it’s not just the number of property sellers that jump. Figures show that buyer demand responds in kind, with more inquiries and viewings in September as people refocus on home-searching.
Industry experts frequently observe a busier autumn compared to summer, for reasons we have discussed in a previous article – that is to say, routine returning for one, and house-hunters imposing a deadline on themselves to get the job done ‘by the end of the year’.
Last year provides a good case study. In September 2024, asking prices increased by 0.8% from the previous month – ahead of the long-term average pace for the time of year.
The average asking price hit £370,759, driven by a rebound in buyer demand alongside improving mortgage conditions, according to a report by Buy Association Group.
Let’s take a look in a little more detail.
In summary, the data supports the idea of a “September Uptick”. While spring remains the strongest season overall, it would look like a longer, steady curve on a graph; the early autumn consistently ranks as a second peak for the housing market, but looks much more like a steep spike, that then drops away quickly after peaking. This is why, if you have thoughts of moving home in Edgware over the next few months, now is the best time to act.
As the summer holiday ran its course, property listings here in Edgware had begun to drop off – meaning that at the beginning of September there are currently a total of 475 properties listed for sale, having dropped from over 600 at the beginning of August – just over a 20% drop.
Just over 200 properties are currently sold subject to contract – 30% of the total market, so whilst listing numbers might have fallen, buyer activity looks strong.
It’s the sign of a fairly robust local market compared to other parts, with the average asking price in Edgware currently now sitting at just over £546,000 according to Rightmove.
If you’re a local Edgware homeowner wondering how to time your move or respond to market conditions, here are some tips based on the current insights:
Make sure the front garden is tidy and if leaves do start to drop – and they may drop early after this hot, dry summer – be mindful to get that broom out and get sweeping! Especially before viewings. Kerb appeal should go beyond just the professional photos.
Consider adding some seasonal plants or warm touches to create a welcoming vibe – even if it’s something as simple as a vase of fresh flowers. Daylight hours will shorten quickly – it’s already dark out well before 9pm now, when we were only a month ago sitting out in the back garden round a dying barbecue towards 10pm! So, ensure you have good interior lighting for any late-day viewings (in September, less of a problem, but as October takes hold bear it in mind and schedule daytime viewings if possible). A home that feels bright, well-maintained, and cozy against the autumn chill can leave a great impression on buyers. Remember, autumn itself is fast approaching and memories of summer will quickly fade – so with gardens and trees beginning to turn to browns and oranges early, don’t be afraid to highlight those features in your professional photos.
Flexibility on viewing times can also help. Remember, as evenings get darker, some buyers may only be free on weekends or lunchtimes, so try to accommodate where you can. A proactive approach can turn autumn interest into a solid offer while the momentum is there.
If, as many forecast, rates do continue to ease that little bit further through the tail end of 2025, selling sooner rather than later could mean beating a potential uplift in competition, as more sellers may choose to list if it becomes more widely reported that rates have dropped.
On the flip side, if you’re not in a rush, you might see even more buyers entering the market next spring due to those improving conditions – but there’s no guarantee, and prices could of course adjust in the meantime. Therefore, the advice is, weigh your personal circumstances, whilst nevertheless paying attention to these trends. If moving now suits you better, the data suggests that September is likely to be a positive month in the market cycle, with a probable bounce in price, buyer numbers and transaction volume.
September is a key month for the property market, and the statistics back that up. Edgware homeowners can capitalise on it, if a move is on the cards. From the data we can see a clear pattern of increased activity and modest price gains as the summer comes to a close and the autumn market kicks off, driven by buyers and sellers returning with renewed motivation. If you’re a homeowner looking to sell, leveraging this period – with realistic expectations and good preparation – could help you secure a buyer while the market is buzzing. With the right approach, you really can make the most of the seasonal swing in the housing market to still make your move work this year.
Even if you’re not thinking of selling at this moment, it’s useful to know that valuations and demand in your area might firm up a bit in early autumn, before the usual winter cooling. As always, stay informed with the latest local data and professional advice by staying tuned to our social media channels and to our Edgware Edge blog.
We are required by law to conduct anti-money laundering checks on all those selling or buying a property. Whilst we retain responsibility for ensuring checks and any ongoing monitoring are carried out correctly, the initial checks are carried out on our behalf by Lifetime Legal who will contact you once you have agreed to instruct us in your sale or had an offer accepted on a property you wish to buy. The cost of these checks is £60 (incl. VAT), which covers the cost of obtaining relevant data and any manual checks and monitoring which might be required. This fee will need to be paid by you in advance of us publishing your property (in the case of a vendor) or issuing a memorandum of sale (in the case of a buyer), directly to Lifetime Legal, and is non-refundable. We will receive some of the fee taken by Lifetime Legal to compensate for its role in the provision of these checks.