Category: House Prices

Homes Selling Fast as Strong Buyer Demand Continues

From April to June 2021, the property market in Edinburgh, the Lothians, Fife and the Borders was characterised by strong buyer demand driving the selling prices up. Over the past three months, properties were moving quickly with a median selling time of just 16 days, two days faster compared to the same time last year …

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Volume of Property Sales Continues to Rise

Edinburgh, the Lothians, Fife and the Borders experienced a material annual rise in property sales volume at 128% from February to April 2021. This may come as no surprise, given stringent lockdown restrictions enforced in March and April last year, however, when looking further back i.e. to February – April 2019, the volume of properties …

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New Property Listings Decline as Average Selling Prices Rise

From December 2020 to February 2021 Edinburgh, the Lothians, Fife and the Borders experienced a 6.2% increase in the average selling price to £265,446 when compared with the same period last year. Significant year on year rises were recorded for properties in East Fife and the Borders, at 19.2% and 13.7% respectively. East Lothian saw …

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Up to 20% House Price Increases in Scotland during Pandemic

According to the latest data from Registers of Scotland, 2020 saw the average house price in parts of Scotland jump as high as 20% despite the outburst of the Coronavirus pandemic. The figures published by the Office for National Statistics, revealed that the house prices across Scotland rose by 8.4% to stand at £162,983 on …

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‘Exceptionally’ Busy Time for the Scottish Property Market

The Scottish property market continued to perform well from August to October 2020, with the average selling price in Edinburgh, the Lothians, Fife and the Borders up 7.9% compared to last year, to £270,983, according to ESPC’s latest House Price Report. The most notable price increase of 20.6% year-on-year (YOY), was recorded in the Scottish …

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Scottish Property Market Post-Lockdown

Since the reopening of the Scottish property market on 29th June 2020, there’s been a surge in activity in Edinburgh, the Lothians, Fife and the Borders. The lockdown restrictions prevented homes from coming to market during the historically busy spring months, so when the restrictions were lifted, a sharp rise of 48.2% in the number …

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