The data shows that the average number of sales agreed per estate agent branch fell slightly to 11 in June, from May’s figure of 12. Year on year, this figure is the highest for the month of June in 4 years, since 2017 when the number of sales per branch also stood at an average of 11 per month and slightly higher than last year’s figure of 10 during June 2020. The number of sales made to FTBs stood at 27% in June, which has been the same since March this year.
Propertymark says that the number of properties available per member branch stood at 23 in June, falling slightly from 25 in May - the lowest ever on record for the second month in a row. Prior to this, the record was in December 2002 when there were also 25 properties available per branch, meaning there is an average of 19 buyers for every available property on the market.
The average number of house hunters registered per estate agent branch stood at 426 in June, which is a jump down from 506 in May, but in line with the previous month’s figure of 427 in April. Year-on-year this is the highest figure for the month of June for six years, since June 2015 when the figure stood at 439.
