Foxtons grew market share in 2023

It closes the year as the UK's fastest growing lettings and sales estate agent brand

Foxtons grew market share in 2023

London-based Foxtons has concluded 2023 on a positive note, with recent industry data showing the firm as the fastest growing lettings and sales estate agent in the UK.

Data sourced from independent industry analyst TwentyCi, covering the period from January 1 to December 12, 2023 reveals Foxtons’ strong performance, including a substantial 36% surge in its market share within the UK lettings sector compared to the previous year.

The firm’s growth in the UK sales market was equally impressive, boasting a 28% increase in market share year on year. This growth surpassed that of its closest competitor, with Connells securing the second position with a 9% increase year on year.

“In 2023, we have driven an enormous amount of change throughout Foxtons, investing heavily in our people, technology, and brand,” stated Guy Gittins (pictured), chief executive at Foxtons.

“The hard work and dedication of each and every person at Foxtons has meant we have not only reclaimed our position as London’s largest sales and lettings estate agency brand, we’re also very proud to be the fastest growing sales and lettings brand across the whole of the UK.

“We now enter 2024 with incredible momentum and determination to continue relentlessly delivering the right results for our clients and customers.”

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