The summer property market has felt quieter than many expected.
That doesn’t mean the market has stopped.
Buyers are still searching. Viewings are still taking place. Sales are still being agreed.
What has changed is buyer behaviour.
With more properties available and ongoing economic uncertainty, buyers are taking longer to make decisions, comparing more homes before committing and looking much more closely at value.
The latest reports from Rightmove, Zoopla and Move iQ all point to the same conclusion: the market is active, but sellers need to work harder to stand out.
A market that has shifted, not stopped
According to Rightmove, the average asking price of a newly listed property fell by 1% in July, bringing the average asking price to £372,359.
While asking prices often dip during the summer months, this year's reduction was significantly larger than the average July fall of just 0.2% seen over the past decade.
At the same time, the number of homes available for sale remains close to a 12-year high, giving buyers far more choice than they've had for many years.
This doesn't mean buyers have disappeared.
Rightmove reports that although market activity is around 6% lower than this time last year, the number of sales agreed during the first half of the year remained broadly in line with 2024. Buyers are still making decisions - but only when they feel confident they're buying the right property at the right price.
Zoopla's latest House Price Index paints a similar picture.
Annual UK house price growth has eased to 1.3%, while the number of sales agreed nationally sits around 9% below last year.
Perhaps most interestingly, almost a third of homes listed since the second quarter remain on the market without requiring a price reduction.
That tells us something important.
This isn't a market where every seller needs to reduce their asking price.
It's a market where buyers are comparing properties more carefully than ever before.
Why has summer been so quiet?
Every year, the property market naturally slows during the summer holidays.
Families travel, schools break up and moving decisions often wait until September.
This year, however, seasonal patterns have been amplified by wider economic factors.
Mortgage rate expectations have shifted several times.
Consumers continue to navigate economic uncertainty.
Political events, inflation concerns and even prolonged periods of hot weather have all played their part in delaying decision-making.
Phil Spencer's Move iQ recently described it as a "cool housing market during a hot summer."
That neatly reflects what we're seeing across South Devon.
Buyers haven't disappeared.
They're simply taking more time before committing.
What we're seeing across South Devon
Across Dartmoor, the Teign Valley and the surrounding villages, the market remains highly property-specific.
Well-presented homes that are marketed professionally and priced realistically are still generating healthy levels of enquiry.
However, buyers are behaving differently.
They're:
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Viewing more properties before deciding
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Comparing asking prices more closely
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Researching local values in greater detail
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Asking more questions during viewings
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Taking longer before making offers
That means online interest alone no longer tells the whole story.
If your property is receiving plenty of portal views but very few enquiries, it may be worth reviewing the presentation or asking price.
If you're achieving viewings but no offers, buyers may genuinely like the property, but feel another home offers stronger overall value.
When similar feedback starts repeating itself, it's usually worth paying attention.
The market is often giving valuable guidance.
Why correct pricing matters more than ever
One of the most encouraging statistics in Rightmove's latest report is that 74% of homes that successfully sold this year did so without needing an asking price reduction.
That reinforces something we've always believed.
Launching at the right price matters far more than chasing the highest valuation.
When a property first comes to market, it enjoys maximum exposure.
It appears in buyer alerts.
It benefits from renewed attention.
It creates curiosity.
If that opportunity is missed because the asking price feels too ambitious, momentum can fade surprisingly quickly.
Reducing the price later can certainly help, but it rarely recreates the same level of excitement as a strong launch.
Pricing correctly doesn't mean undervaluing your home.
It means positioning it where buyers recognise genuine value and feel motivated to arrange a viewing.
Why autumn could bring fresh momentum
There are genuine reasons to feel optimistic about the months ahead.
September has traditionally been one of the busiest periods in the property calendar.
Families return from holidays.
Children settle back into school.
People begin planning moves before Christmas or the end of the year.
Zoopla expects activity to strengthen as autumn begins, provided mortgage rates remain relatively stable.
However, increased activity doesn't automatically mean every property will sell.
The homes most likely to benefit will be those that are already well prepared.
That means:
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Strong photography
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Thoughtful presentation
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Accurate pricing
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Clear marketing
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Motivated sellers
August can therefore be viewed as an opportunity rather than a setback.
It's the ideal time to review your marketing, refresh presentation and ensure your property is perfectly positioned before buyer activity increases again.
The market still rewards good preparation
The encouraging news is that buyers remain active.
They're simply more selective.
The homes attracting the strongest interest today aren't necessarily the cheapest.
They're the homes that present the strongest overall package.
That includes:
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A realistic asking price
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High-quality photography
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Professional marketing
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Excellent presentation
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A seller who is organised and ready to move
When those elements come together, buyers notice.
Our advice for sellers already on the market
If your property is already listed, now is a good time to ask yourself a few honest questions.
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Is online interest converting into enquiries?
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Are enquiries turning into viewings?
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Is viewing feedback highlighting the same issues?
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How does your asking price compare with similar homes currently available?
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Have newer competing properties entered the market?
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Does your presentation still stand out?
Making small adjustments now could put you in a much stronger position before the autumn market gathers pace.
Thinking of selling this autumn?
If you're planning to move later this year, preparation should begin now.
Rather than waiting until September, use the quieter weeks to:
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Arrange an up-to-date market appraisal
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Gather legal paperwork
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Prepare your home for photography
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Complete any minor repairs
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Understand your competition
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Agree a pricing strategy based on current market evidence
A well-prepared launch gives you the best possible chance of attracting committed buyers while your property is still fresh to the market.
The key takeaway
This isn't a weak market.
It isn't a booming one either.
It's a market that rewards precision.
Buyers are still moving, they simply have more choice and greater confidence in comparing properties before making decisions.
They need confidence in:
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The asking price
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The presentation
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The condition
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The overall value
Autumn is likely to bring renewed momentum, but the sellers who benefit most will be those who prepare now rather than wait.
As we often say:
You can be on the market… or you can be in the market.
Understanding that difference has never been more important.
If you're wondering how your home sits in today's market, or would like an honest review of your current marketing strategy, we'd be delighted to help. A conversation now could make all the difference before the autumn market begins in earnest.