Harborne Property Market Update

Harborne has started 2026 with one of the most intriguing market signals we’ve seen in several years. February’s data shows buyers competing strongly for the best homes, with average agreed prices now fractionally exceeding the average asking price of new listings.
This rare moment of price alignment tells us something important about the Harborne market. Demand remains robust, particularly for well-presented family homes in the suburb’s most desirable streets, and buyers are willing to move decisively when the right property appears.
At the same time, stock levels are at their highest February level in six years, giving buyers more choice than they have had for some time. The result is a market that rewards quality, presentation, and intelligent pricing, as Harborne moves confidently into the spring selling season.

How is the Harborne Property Market this Spring?
Harborne has started 2026 with one of the most compelling market signals we have seen in any Birmingham suburb. For the first time in our six-year dataset, the average agreed price has edged above the average asking price of new listings. Properties are selling at £384,774 while new stock is arriving at £384,604.
That near-perfect alignment tells us something important about the current state of the Harborne market. Buyers are not simply negotiating downward from the asking price. Instead, competition for the best homes is pushing agreed prices to, and occasionally beyond, the levels at which properties are launched.
It is a market where quality, presentation and location are being rewarded, where well-priced homes are attracting strong demand, and where Harborne’s enduring appeal as one of Birmingham’s most desirable suburbs is translating directly into the numbers.

Property Stock Levels Reach Their Highest Point in Six Years
There are currently 316 properties available across Harborne, the highest February figure in our dataset and 25.4% above the six-year average of 252.
Stock has risen 12.5% compared to February last year, when 281 homes were available, and has increased 9.0% from January’s 290 properties. For buyers, this means a breadth of choice that has not been available in Harborne for several years.
New listings arrived at a steady pace during February, with 57 properties entering the market. This sits slightly above the six-year average of 55 and represents a modest increase from January’s 53, although it falls below last February’s unusually strong figure of 68.

Whether you are a young professional drawn to the High Street’s village atmosphere, a family prioritising Harborne’s well-regarded schools, or a downsizer wanting to remain part of this vibrant community, the variety of properties available today reflects the suburb’s broad appeal.

A Remarkable Moment for Pricing
The pricing data in Harborne this month is exceptional.
New listings arrived with an average asking price of £384,604, down 7.9% from last February’s £417,612 and well below January’s elevated figure of £470,282.
However, the price per square foot tells a slightly different story. New listings are currently being marketed at £362 per square foot, up 3.7% from last year’s £349.
This combination suggests that February’s new listings were, on average, slightly smaller or more modest properties, but they were still being priced confidently on a per-square-foot basis.
The truly striking statistic, however, is on the agreed side.
Properties that sold during February achieved an average agreed price of £384,774 at £377 per square foot — both the highest figures recorded in our six-year dataset.
The headline agreed price is:
• 7.9% higher than February 2025 (£356,719)
• 5.8% above January’s £363,748

Meanwhile, the agreed price per square foot of £377 represents a remarkable 17.4% increase year-on-year.
The fact that the agreed price (£384,774) now exceeds the asking price of new listings (£384,604) is a powerful indicator of demand. It suggests that buyers are competing for the best homes — particularly those that are well presented, renovated, and located on Harborne’s most sought-after streets.
For sellers who invest in presentation and price intelligently, the results speak for themselves.

Buyer Demand Builds as Spring Approaches headline??
Sales agreed during February totalled 40 transactions, representing:
• A 33.3% increase from January’s 30 sales
• A 5.3% increase compared to February last year (38 sales)
While this sits slightly below the six-year February average of 44, that average is inflated by the exceptional pandemic-era activity of 2021 and 2022. In the context of a more normalised market, 40 agreed sales represents a strong month and signals the early momentum of the spring market.

Seller Confidence Remains Strong
Price reductions during February totalled 26, matching last year’s figure exactly and sitting slightly above the six-year average of 24.
Rather than signalling weakness, this suggests the repricing process in Harborne is functioning as it should — properties are being adjusted where necessary and then finding their buyers.
Withdrawals were notably low at just 16 properties, matching January and sitting 23.8% below the six-year average of 21.
This is also 20% lower than last February’s withdrawal figure of 20, suggesting that sellers entering the market today are confident in both pricing and demand.
Fall Throughs Remain the One Area to Watch
One figure that does require attention is those home sales that do not reach completion.
February recorded 14 fall throughs, matching the joint highest level in our dataset and sitting slightly above the six-year average of 12. The figure has improved from January’s peak of 20 but still represents a notable share of activity.
With 40 sales agreed during the month, roughly one in three deals failed to reach exchange.
In a market where competition can push agreed prices above asking levels, some buyers inevitably stretch their budgets. Mortgage valuations, survey findings on older period homes, and complex chains can all derail transactions before completion.
Preparation is therefore key. Sellers should ensure documentation is complete and potential issues addressed before marketing. Buyers, meanwhile, should approach offers with financial clarity and a realistic understanding of survey outcomes.

Looking Ahead to Spring
Harborne enters spring 2026 in a position of considerable strength.

Agreed prices are at record levels, stock is plentiful, seller commitment is high, and the convergence between asking and achieved prices shows that the market has found a point where both buyers and sellers feel comfortable transacting.
For sellers, the opportunity is clear. The market is rewarding well-presented homes in desirable locations, and the data shows that these properties can achieve exceptional results. But buyers still have plenty of choice, so presentation, realistic pricing and experienced marketing remain essential.

For buyers, Harborne offers an intriguing combination of choice and competition. The elevated stock levels mean there are more properties to explore than in recent years, and longer-standing listings may offer negotiation opportunities. However, the best homes will still attract multiple interested parties, and being prepared to move quickly can make the difference between securing a property and missing out.
As spring arrives and the High Street cafés fill once again, Harborne’s enduring appeal is on full display. It has always been one of Birmingham’s most desirable places to live.
February’s data suggests the property market is now reflecting that reputation more clearly than ever.

If you’re considering a move this spring, timing and pricing matter.
Click here to arrange a market appraisal with our team.