Gravesham Property Market Update – Strong Start to 2025! 🏡📈
The Gravesham property market is off to a confident start in 2025, with more listings, more sales, and growing buyer demand! Whether you're thinking of selling, buying, or simply keeping an eye on the market, now’s the time to get ahead. 🚀 Click to read our full Q1 review and find out what the latest trends mean for you.
🏡 Gravesham Property Market: Q1 Review 2023 – 2025
The first quarter of 2025 has given us plenty of reasons to feel confident about the strength and resilience of the Gravesham property market. 📈 As a trusted local estate agency, we've been closely monitoring the data from the last three years, and the trends we're seeing paint an encouraging picture for both sellers and buyers alike.
A Growing Market 🌱
In January 2025, the number of properties on the market in Gravesham reached 515, a significant increase from 403 in 2023 and 437 in 2024. This reflects growing seller confidence and a more dynamic marketplace.
Meanwhile, new listings in Q1 2025 totalled 421, up from 387 the previous year and 363 in 2023. This steady rise in supply is a strong indicator that homeowners are actively engaging with the market and trusting agents like us to help them make their next move. 🏠
Strong Sales Activity 🔥
The most exciting trend is in the number of properties sold:
• 264 in Q1 2023
• 295 in Q1 2024
• 345 in Q1 2025
That’s a 30% increase in sales volume over two years, showing that demand is not just holding steady but growing year-on-year. Buyers are out there, and they are buying – even in a landscape where interest rates and economic signals have varied.
Interest Rates and Market Confidence 💷
The Bank of England base rate began rising in late 2021, initially in response to increasing inflation. The first rate hike came in December 2021, raising the base rate to 0.25%, followed by a series of increases that saw it reach 5.25% in August 2023.
These higher borrowing costs have shaped buyer behaviour, but despite these pressures, Gravesham's property market has shown remarkable resilience and adaptability. 💪 Our growing sales figures are a testament to the enduring appeal of our area and the strength of informed, motivated buyers.
Sale Prices and Time on Market ⏳
While we await the official Land Registry data for Q1 2025 sale prices, we can see a small dip in the average sale price between 2023 and 2024:
• £322,281 in Q1 2023
• £317,193 in Q1 2024
Despite this slight drop, sales have increased, suggesting the market has adjusted to price expectations and remained attractive to serious buyers.
However, one area where sellers should take note is time on market:
• 136 days in Q1 2023
• 147 days in Q1 2024
• 163 days in Q1 2025
This trend tells us that while buyers are active, they are also more deliberate in their decision-making. Strategic pricing, presentation, and a strong marketing plan are more important than ever — and that’s where our expertise comes in. 🎯
What This Means for You 🚀
If you're considering selling in 2025, now is an excellent time. More buyers are completing purchases than in previous years, and the growing number of listings shows that homeowners trust the market — and their agents — to deliver.
Our team is committed to helping you navigate this evolving landscape with confidence, clarity, and results. Whether you're selling, buying, or just exploring your options, we bring unmatched local knowledge and a proven track record to every transaction.
Ready to Make Your Move? 🏠
If you'd like a free, no-obligation valuation or want to talk through the current market, our team is ready. Let us show you what’s possible in today’s Gravesham property market.
Your property journey starts here — and we’re with you every step of the way. 🤝
If you have any questions or need further assistance, do not hesitate to contact the team. We are here and ready to help.
📞 - 01474 321957
📧 sales@mandmprop.co.uk / lettings@mandmprop.co.uk