Category: House Prices

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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Strong Start to 2020 for Property Sales Impacted by COVID-19

After a strong start in 2020 for residential property sales in Edinburgh, Lothians, Fife and the Borders, the market experienced the repercussions of social distancing due to COVID-19. The volume of property sales dropped by 9.2% year on year, with much of the decline concentrated in the final two weeks of March. The same areas …

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End of 2019 Saw a Decline in Properties Coming to the Market

The last three months of 2019 saw a reduction in the volume of properties coming to the Lothians, Fife, Borders and Edinburgh; 7.1% less than the same quarter in 2018. The same areas also experienced 1.4% dip in sales volume YOY. There was a 14.1% decrease in the amount of homes coming to the Edinburgh …

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