The Boxing Day Boom breaks new records

The Boxing Day Boom breaks new records

This year’s Boxing Day property market has seen an unprecedented surge, setting new records and signalling a buoyant start to the year ahead. According to Rightmove, data reveals a remarkable 26% increase in the number of new properties listed for sale compared to Boxing Day 2023.* The figures paint a clear picture of a market energised by motivated sellers and eager buyers.

Strong growth in property listings

The 26%* surge in listings highlights the growing confidence among homeowners to enter the market at this crucial time. Traditionally a quieter period, Boxing Day has become a pivotal date for sellers aiming to attract early-year buyers. This trend shows no signs of slowing, with property portals experiencing a significant uptick in online traffic.

Second steppers lead the way

Nearly half (46%)* of the new homes listed were three- and four-bedroom properties, typically favoured by ‘second steppers’ looking to upgrade. These family-oriented homes have become the cornerstone of the Boxing Day surge, offering space and flexibility for growing households. The strong demand suggests a thriving mid-market segment.

Smaller homes still in demand

First-time buyers also made their mark, with smaller homes accounting for 35%* of new listings. These properties remain highly sought-after, especially among young professionals and couples eager to secure their first step on the property ladder. Despite rising mortgage rates, affordability continues to drive interest in this category.

Luxury market sees steady movement

At the top end of the market, 18%* of listings were larger, high-end homes. While this segment remains smaller, it continues to attract discerning buyers looking for premium properties. The stability in this sector indicates enduring confidence among high-value sellers and buyers.

UK housing market boosted by stamp duty changes

The UK housing market has started 2025 with strong momentum, with house prices rising by 4.7%** year-on-year in December, signalling renewed market confidence among buyers and sellers. This positive trend comes as Stamp Duty changes, set for April 2025, add urgency to the market. From 1st April, a 2% increase will apply to the portion of a property priced between £125,001 and £250,000, while the 0% threshold for first-time buyers will drop from £425,000 to £300,000.***

Get expert guidance to make the most of your property

Navigating a fast-moving property market can be challenging, but experienced estate agents are equipped to guide buyers and sellers through every step of the process. From accurate property valuations and strategic marketing plans to negotiating the best possible deals, agents provide invaluable expertise.
 
If you’re considering buying or selling a property this year, don’t miss out on the momentum of the Boxing Day boom. Contact our team today

Rightmove*

Nationwide**

GOV.UK***