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 …

Read more  >

‘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 …

Read more  >

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 …

Read more  >

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 …

Read more  >

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 …

Read more  >

ESPC’s Latest House Price Report

East Central Scotland Market Overview According to the latest House Price Report (September – November 2016) by ESPC, the property market in east central Scotland has remained healthy. Despite the decrease in the number of new homes brought to the market (8.3% YOY) and falling number of homes sold in the last 3 months (11.7% …

Read more  >