Surrey had the most prime properties for sale in the Home Counties, with nearly a quarter of all new listings, totalling 5,540, out of 22,354, according to the Investec Property Index 2025.
Relatively high levels of stock were also recorded in Hertfordshire, with 3,079 listings.
Prime properties in these areas spent an average of 86 days on the market, showing strong buyer interest.
A 65% increase in listings followed the Bank of England’s August 2024 base rate cut, but there was a 39% decrease in October as sellers anticipated tax hikes in the Autumn Budget.
The average price reduction across the Home Counties was £150,065 (9%), with Kent witnessing an average discount of 10%.
Despite being 19% cheaper than Greater London, there were notable price differences within the Home Counties.
Homes in Surrey averaged a sale price of £1.55m, compared to £1.35m in East Sussex.
In Greater London, the average prime property sales price was £1.82m, with reductions averaging £200,100 and properties spending 100 days on the market.
South West London had more options and quicker sales in areas like Battersea and Fulham.
Buyers received discounts between 7% and 11%, with Hampstead seeing the largest average reduction of £305,220.
