January 2026 Property Market Update For Sales

What happened nationally?

January saw a strong start to the year, with asking prices rising sharply at the beginning of 2026. Although prices stood still in early February, January’s uplift means average asking prices are now 2.8% higher than December, marking the strongest start to a year since 2020.

The national average asking price is £368,019, broadly level with a year ago. Mortgage rates remain supportive, with the average two-year fixed rate at 4.28%, down from 4.96% a year ago. Wage growth (up 4.7% annually) is also improving affordability.

What’s happening in the West Midlands?

Average asking price: £292,796
Monthly change: +0.5%
Annual change: +1.3%
Average time to find a buyer: 82 days

The West Midlands market remains steady rather than overheated. In Solihull, well-priced homes are attracting strong interest, but buyers remain selective.

How long are homes taking to sell?

Nationally, the average time to secure a buyer is 81 days. In the West Midlands, this stands at 82 days. Pricing strategy and presentation are key.

What’s likely to happen next?

With mortgage rates stabilising and stock levels high, 2026 is shaping up to be a stable year. Spring may present a strong opportunity for sellers who price correctly.

Get in Touch

Thinking of buying or selling in Solihull or the wider West Midlands?
Message us on WhatsApp: https://wa.me/message/4GOLW6NBD6KML1
Email: enquiries@hshomes.uk
Phone: 0121 430 4448