In today’s Beverley housing market, property market data isn't just helpful – it's essential. For Beverley homeowners and landlords looking to buy or sell a home, understanding the
latest Beverley property trends, buyer behaviour, or house pricing movements is the difference between making a confident move and flying blind.
Data reveals where the market has been, where it’s heading, and how to position a home for success. It cuts through the noise, replaces guesswork with insight, and empowers better decisions. When used well, property data also becomes a seller's compass and, subsequently, as a buyer, the edge as well – guiding your strategy, pricing, and timing in a property market that’s constantly shifting. In short, those who understand the data of the
Beverley property market (and the UK as a whole) move smarter. And those who ignore it
risk being left behind.
The property market in Beverley has seen a notable transformation in recent years. Each week in my blog posts, I use data to share my thoughts about the Beverley property market. This week I am going to look at the number of Beverley homes for sale on a month- by-month basis and then compare that with the volume of sales agreed (sold subject to contract—SSTC) on a month-by-month basis between January 2020 and March 2025.
From that information, I can show the direction of the local property market by calculating
the percentage of Beverley homes each month that have been selling.
Since January 2020, an average of 17.9% of Beverley homes on the market have sold STC each month
For some comparison, the lowest month since 2020, as expected, was the first month of
lock down, April 2020, when it was 2.8%. The highest month was May 2021, when it was
32.3%. In March 2025, that figure was 11.6%.
A closer look at this data reveals how the market has shifted and underlines the importance
of sensible pricing—particularly now that the supply of homes has more than doubled since
Easter 2022.
In 2020, Beverley had an average of 439 homes for sale, with 85 selling STC each
month. That means 19.3% of Beverley homes on the market found a buyer each
month.
In 2021, Beverley had an average of 349 homes for sale, with 95 selling STC each
month. That means 27.2% of Beverley homes on the market found a buyer each
month.
In 2022, Beverley had an average of 370 homes for sale, with 76 selling STC each
month. That means 20.4% of Beverley homes on the market found a buyer each
month.
In 2023, Beverley had an average of 518 homes for sale, with 63 selling STC each
month. That means 12.1% of Beverley homes on the market found a buyer each
month.
In 2024, Beverley had an average of 725 homes for sale, with 84 selling STC each
month. That means 11.6% of Beverley homes on the market found a buyer each
month.
In Q1 2025, Beverley had an average of 816 homes for sale, with 87 selling STC each
month. That means 10.7% of Beverley homes on the market found a buyer each
month.
The Evolution of the Beverley Market (2020–2025)
Between January 2020 and February 2020, the Beverley property market (covering HU17) experienced relative stability. Things changed dramatically with the arrival of COVID-19 in March 2020. The uncertainty led to a sharp drop in home sales during April and May of that
year, as many buyers hesitated amid the economic upheaval.
However, following the lifting of the property market lockdown in May/June 2020, activity rebounded. The number of homes coming onto the market increased, as did the number of Beverley homes selling.
This period was marked by strong demand despite reduced stock levels. The rush was fuelled by demand and the government's stamp duty holiday, encouraging people to move. As 2022 began, the market began returning to a more typical state. The number of homes coming onto the market increased, yet the number of Beverley homes selling started to stabilise. This meant the number of homes for sale in Beverley started to increase in 2022. Then came two significant setbacks between late 2022 and early 2023.
Budget Fallout and Rising Interest Rates
The first blow came in autumn 2022 with the Truss government’s mini-budget, severely impacting buyer confidence. Over the months that followed, Beverley's average monthly sales fell. A recovery was underway by spring 2023, with sales rising. But this was short-lived—as interest rates climbed during summer 2023, buyer activity dipped once again, and
sales fell.
The number of homes for sale continued to rise in 2024
In the early part of 2024, monthly house sales in Beverley were quite healthy, yet the number of homes for sale was increasing. This jump in supply was due to several factors: sellers trying to cash in on still elevated house prices, a spike in new build activity, landlords selling up because section 24 taxation rules were beginning to bite, or simply more homes returning to the market after failing to sell previously.