The premium property market across Shrewsbury, Oswestry, and the surrounding villages has shown both resilience and adjustment in 2025, as sellers and buyers in the £500,000+ bracket adapt to a more balanced environment.
Supply: More High-Value Homes Entering the Market
So far this year, the number of £500,000+ homes available for sale has risen to 193, a 24.5% increase on 2024 (155) and well above the six-year average of 113.
New premium listings have also grown, with 302 homes launched in 2025, up 19% year-on-year and comfortably ahead of the six-year trend of 199. This signals rising confidence among higher-value sellers and a willingness from homeowners to test the market while demand remains healthy.
Demand: Buyers Remain Engaged
Buyer appetite remains solid, with 143 sales agreed so far in 2025, up from 133 in 2024 and exceeding the six-year average of 118.
Despite wider economic caution, these figures show that committed buyers are still highly active, especially where homes are sensibly and competitively priced. The £500,000+ market in Shrewsbury and Oswestry is showing signs of maturity—supply has expanded, yet demand has kept pace, ensuring that well-presented and well-priced homes continue to sell.
Prices: A Market Resetting Expectations
The average asking price for new listings has softened by 6.9%, falling from £820,608 in 2024 to £764,328 in 2025. This adjustment reflects greater pricing realism from sellers who recognise the need to align with buyer expectations in a market offering more choice.
By contrast, sales agreed prices are up 3%, rising from £696,977 to £717,912. This suggests that while sellers are entering the market more competitively, buyers are still prepared to pay a premium when properties are well-positioned and realistically priced.
£ per Sq Ft: Value Perception Rising
Premium new listings are averaging £412 per sq ft, down 13.6% from last year’s £477. This is likely influenced by a greater share of larger country homes and estates coming to the market, which naturally bring down the per-square-foot figure.
For sales agreed, the average is £303 per sq ft, down 8.7% from £332 in 2024. This demonstrates that buyers are achieving stronger relative value, even if overall sale prices remain resilient.
Market Activity: Smoother Transactions
- Price changes: Down to 21 this year (from 27 in 2024), reflecting sharper, more accurate pricing from the outset.
- Withdrawals: Halved to just 8 (vs 17 last year), suggesting greater confidence and stronger commitment once homes are listed.
- Fall-throughs: Only 1 collapse this year compared to 6 in 2024—a clear sign of stability and more decisive buyers.
These indicators point to a healthier, more efficient marketplace, where deals are being agreed and carried through with fewer obstacles.
Outlook: A Balanced and Attractive Premium Market
While buyers are increasingly value-conscious, they remain ready to commit when quality homes are presented at sensible levels. Sellers, in turn, are adapting to a more pragmatic pricing environment—one where realism is rewarded with faster sales and stronger results.
Overall, the premium market in Shrewsbury, Oswestry, and the surrounding villages is healthier and more balanced than in recent years. With motivated buyers, realistic sellers, and smoother completions, the second half of 2025 looks set to continue this positive pattern.
The region remains a highly desirable choice for premium buyers, offering a blend of historic towns, a rural lifestyle, and excellent accessibility—ensuring continued demand for high-value homes.
Price changes, Withdrawn homes and Fall-throughs.
If you are looking to understand where your home is placed in today’s market place, please contact daniel directly.
E: Daniel@danieljamesresidential.com T: 01691 674494