Sellers Struggle as Home Prices Dip | Leicester News

Homes are selling slower, prices are dropping — and sellers are scrambling to stand out in a crowded, distracted market. With average asking prices now at £372k and a record number of homes on the market, buyers have more choice than ever. Summer distractions like the World Cup and heatwaves are further slowing buyer interest. Experts warn that getting pricing right from day one is crucial — nearly 75% of homes sold without a price cut, while those that did saw listings linger over 100 days. Despite higher mortgage rates, lenders remain active, keeping the market competitive for buyers — and putting pressure on sellers to price smart. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/0197a9518e12918f