As we move into the summer months, the local property market in Wigan is showing strong signs of growth and stability. The latest market data for May 2025 paints a positive picture for both buyers and sellers, with increased listings, strong buyer activity, and encouraging price trends. Here’s what you need to know.
Listings Are Up – And So Is Confidence
In May 2025, 2,112 properties were listed for sale across the Wigan area. That’s an 11.75% increase compared to May 2024 and an impressive 35% above the six-year May average. It’s not just the total stock that’s growing either. There were 582 new listings during the month, up nearly 29% year-on-year.
This rise in new listings suggests more homeowners are feeling confident about selling, a sign that Wigan’s property market is in good health despite wider economic challenges.
Sales Agreed Are Climbing
Buyers are also stepping back into the market, with 463 sales agreed in May. That’s 4.75% higher than this time last year and almost 21% above the six-year average for the month.
This upward trend in buyer activity is particularly promising considering the changes to stamp duty and the recent base rate cut, which initially created a bit of hesitation in the market. The latest data shows those concerns are easing.
House Prices Continue to Strengthen
Asking prices for new listings averaged £245,890, while agreed sales averaged £223,450. That’s a 5.3% increase in asking prices for new listings and a 6% rise in prices where sales were agreed, both compared to May 2024.
The price per square foot also tells a positive story:
- New listings: £235/sq ft (up from £226)
- Sales agreed: £226/sq ft (up from £214)
These increases reflect strong local demand and continued price resilience in the Wigan market.
Fewer Withdrawals and Fall-Throughs
One of the more encouraging stats this month is the dramatic decline in fall-throughs (sales that didn’t complete). Fall-throughs are down by 86% compared to May 2024, a strong sign that buyers are serious and committed once they make an offer.
Similarly, the number of listings withdrawn from the market dropped by nearly 40%, showing that sellers are increasingly confident their homes will sell.
What Does This Mean for You?
Whether you’re thinking of selling or buying, the Wigan market is offering a balanced environment with growing confidence and opportunity.
- Sellers are benefiting from strong buyer demand and rising asking prices.
- Buyers are seeing more choice, competitive mortgage rates, and signs of long-term market stability.
If you’re considering making a move, now is a great time to get ahead of the curve.
Ready to Take the Next Step?
We’re here to help you make sense of the market and make your move with confidence. Whether you’re selling your home or looking to buy your next one, our team is ready to support you.
Get in touch today to book a valuation or speak with one of our property experts.