Harlow property market February 2025 update
A look at Harlow property for sale combined and by postcodes.
Harlow property market February 2025 update
As of February 20th 2025 there are 507 properties for sale in Harlow.
The average asking price is £445,020.
There have been 83 properties added in the last 2 weeks.
Firstly, 152 properties are Flats.
Secondly, 77 properties are Terraced Houses.
Next, 102 properties are Semi Detached.
Finally, 145 are Detached properties.
Data supplied by home.co.uk (https://www.home.co.uk/)
The average selling time is 102 days.
How long have they been on the market?
Green = nothing to worry about, Grey = borderline, Pink = too long on market, Red = way too long on the market
170 properties have been on the market less than 1 month
78 properties have been on the market for 1-2 months.
39 properties have been on the market for 2-3 months.
41 properties have been on the market for 3-4 months.
67 properties have been on the market for 4-6 months.
44 properties have been on the market for 6-9 months.
22 properties have been on the market for 9-12 months.
56 properties have been on the market for more than 12 months.
Based on average selling time data, the figures above suggest that 45% of Harlow properties have been on the market too long.
Harlow properties for sale by postcodes:
CM17
Harlow property market February 2025 update
As of February 20th 2025 there are 226 properties for sale in CM17.
The average asking price is £506,030.
There have been 35 properties added in the last 2 weeks.
Firstly, 61 properties are Flats.
Secondly, 13 properties are Terraced Houses.
Next, 49 properties are Semi Detached.
Finally, 93 are Detached properties.
Data supplied by home.co.uk (https://www.home.co.uk/)
The average selling time is 103 days.
How long have they been on the market?
69 properties have been on the market less than 1 month
40 properties have been on the market for 1-2 months.
22 properties have been on the market for 2-3 months.
20 properties have been on the market for 3-4 months.
34 properties have been on the market for 4-6 months.
16 properties have been on the market for 6-9 months.
8 properties have been on the market for 9-12 months.
37 properties have been on the market for more than 12 months.
Based on average selling times locally, we estimate that a massive 58% of CM17 property has been on the market too long. This is almost certainly down to poor marketing and/or over pricing.
CM18
Harlow property market February 2025 update
As of February 20th 2025 there are 90 properties for sale in CM18.
The average asking price is £391,167.
There have been 12 properties added in the last 2 weeks.
Firstly, 17properties are Flats.
Secondly, 31 properties are Terraced Houses.
Next, 21 properties are Semi Detached.
Finally, 18 are Detached properties.
Data supplied by home.co.uk (https://www.home.co.uk/)
The average selling time is 78 days.
How long have they been on the market?
30 properties have been on the market less than 1 month
13 properties have been on the market for 1-2 months.
6 properties have been on the market for 2-3 months.
8 properties have been on the market for 3-4 months.
8 properties have been on the market for 4-6 months.
9 properties have been on the market for 6-9 months.
4 properties have been on the market for 9-12 months.
6 properties have been on the market for more than 12 months.
Based on average selling times locally, we estimate that a massive 46% of CM18 property has been on the market too long. This is almost certainly down to poor marketing and/or over pricing.
Having said that, the average selling time of 78 days is by far the best performing Harlow postcode as far as selling times are concerned.
CM19
Harlow property market February 2025 update
As of February 20th 2025 there are 93 properties for sale in CM19.
The average asking price is £517,538.
There have been 16 properties added in the last 2 weeks.
Firstly, 23 properties are Flats.
Secondly, 18 properties are Terraced Houses.
Next, 20 properties are Semi Detached.
Finally, 21 are Detached properties.
Data supplied by home.co.uk (https://www.home.co.uk/)
The average selling time is 134 days.
How long have they been on the market?
30 properties have been on the market less than 1 month
13 properties have been on the market for 1-2 months.
4 properties have been on the market for 2-3 months.
9 properties have been on the market for 3-4 months.
16 properties have been on the market for 4-6 months.
6 properties have been on the market for 6-9 months.
8 properties have been on the market for 9-12 months.
5 properties have been on the market for more than 12 months.
Based on average selling times locally, we estimate that a massive 47% of CM19 property has been on the market too long. This is almost certainly down to poor marketing and/or over pricing.
Why is the average selling time in CM19 134 days? Mainly it is down to the geographic make up of the postcode. Cm19 5 includes Roydon and there are a lot of expensive houses for sale here and they do take a time to sell. Cm19 4 has an average selling time of just over 79 days.
CM20
Harlow property market February 2025 update
As of February 20th 2025 there are 98 properties for sale in CM20.
The average asking price is £365,346.
There have been 21 properties added in the last 2 weeks.
Firstly, 51 properties are Flats.
Secondly, 15 properties are Terraced Houses.
Next, 12 properties are Semi Detached.
Finally, 13 are Detached properties.
Data supplied by home.co.uk (https://www.home.co.uk/)
The average selling time is 86 days.
How long have they been on the market?
41 properties have been on the market less than 1 month
12 properties have been on the market for 1-2 months.
7 properties have been on the market for 2-3 months.
4 properties have been on the market for 3-4 months.
9 properties have been on the market for 4-6 months.
13 properties have been on the market for 6-9 months.
2 properties have been on the market for 9-12 months.
8 properties have been on the market for more than 12 months.
Based on average selling times locally, we estimate that a massive 37% of CM20 property has been on the market too long. This is almost certainly down to poor marketing and/or over pricing.
Conclusion
Firstly, selling times are governed by several factors. Therefore, it is always difficult to gauge what factors are the cause. However, what we can say with absolute certainty is that is it the old ‘over pricing’ issue that is the major cause.
This can be proven but the amount of price reductions that go on every week with Harlow property.
There have been 141 properties that have undergone a price reduction since Jan 1st 2025. Let that sink in! We are only in week 9 of the year and therefore that’s 16 properties every week being reduced. That is simply poor marketing by the agent. Yes there will be the odd exception, but in the main Harlow Estate Agents should know what property is likely to realise. However, there seems to be a reluctance for agents to be 100% upfront & honest when it comes to giving vendors a reality check.
The graphic below is enlightening (we have hidden the other agents out of politeness and professionalism:
However, you would expect us here at Jukes Estate Agents to have fewer reduction than the ‘bog boys’ as they have far more property on than us. Therefore, the fair way to show it is as percentage of stock reduced in price:
JUKES ESTATE AGENTS 2.2%
????????????????????? 4.2%
????????????????????? 6.3%
????????????????????? 6.7%
????????????????????? 6.9%
????????????????????? 7.1%
????????????????????? 7.3%
????????????????????? 7.9%
????????????????????? 8.1%
????????????????????? 9.8%
????????????????????? 12.5%
????????????????????? 13.5%
????????????????????? 14.5%
????????????????????? 15%
????????????????????? 15.6%
????????????????????? 18.2%
As you can see from the table above, many Harlow Estate Agents have a high percentage of their stock reduced.
LIST IT CORRECTLY AND IT WILL SELL!