Sales market shift: more choice, lower prices... As we see biggest November price drop in 13 years🔻
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🏡 Rightmove House Price Index – November 2025: Key Market Insights
Here is a summary of key points from Rightmove's monthly Housing Report 📈
🔸 Asking prices dip as buyers hold fire
🔸 The national average asking price for homes coming to market in November 2025 is £364,833
🔸 This is down £6,589 (–1.8%) since last month — the biggest November drop since 2012
🔸 Compared with a year ago, prices are also slightly down (–0.5%).
🔸 This dip is sharper than the average November slowdown (which historically tends to be around –1.1%), pointing to unusual softness this month.
For anyone house-hunting — you might find better deals right now than we’d usually expect for late autumn 🍂
🔹 Market softening due to more choice, budget jitters and seasonal lull
🔹 There’s a decade-high number of homes on the market, which increases competition between sellers and pushes prices down.
🔹 Speculation around the recent Budget — including possible tax or property-related changes for higher-value homes — is making some buyers hesitate.
🔹 As a result, 34% of listed homes have had an asking price reduction, and the average price cut is ~7% — both the highest levels since February 2024.
📊 Which homes are seeing the biggest drops — and who’s more stable
🔹 The higher-value segment is seeing the largest fall this month.
🔹 Lower-value homes — the kind typical mid-market buyers or first-time buyers target — are holding more stable. 
🔮 What it could mean for Nottingham buyers considering a move
🔸 If you’re in no rush, waiting a few weeks or months could pay off, as more sellers may lower prices to attract cautious buyers.
🔸 For those ready to move — now might be a sweet spot to buy: good supply, softer prices, less competition than a few months ago.
🔸 If you’re looking to trade up to a higher-value home — you may find sellers more open to negotiation, especially with the drop in premium-market asking prices.
Interested to know the value of your home in today's market? Contact Lisa (lisa.dahl@cavendishproperty.co.uk) for an up-to-date valuation (or click the instant link below).
Click here for an instant online valuation 📊
📸 Lisa Dahl-Parsisson, Head Valuer and Asset Manager at Cavendish Residential 📸
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🌟 Instant online valuation (immediate response, 60-70% accurate)... Click here 🌟
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