Page 15 - PMR_Sept25
P. 15

West Fife & Kinross






                                                                 Sales volumes showed mixed results
                                                                 across the region

                                                                 The  supply  of  homes  to  market  increased  modestly
                                                                 by 6.6% year-on-year, yet overall sales volumes fell by
                                                                 9.0% across West Fife & Kinross - a sign that higher
                                                                 interest rates and tighter affordability are influencing
                                                                 buyer behaviour.

                                                                 Dunfermline remained the largest market, though sales
                                                                 volumes dropped significantly by 19.3% compared with
                                                                 last year. Interestingly, this decline occurred alongside
                                                                 notable  price  growth,  suggesting  that  affordability
                                                                 constraints are limiting transaction numbers in the city
                                                                 despite strong demand.

                                                                 In  contrast,  Rosyth  experienced  a  surge  in  activity,
                                                                 with sales volumes up 89.5% year-on-year. This came
 Average selling prices rose steadily   Report valuation - an uplift of 0.8 percentage points   Rosyth led demand, with 28% of properties going to a   as average house prices in the town fell by nearly 8%,
 across the region  compared  with  last  year.  This  continues  a  trend  of   closing date and a median selling time of only 10 days.   signalling  that  buyers  are  targeting  more  accessible
 sellers achieving strong results, even as wider market   Two-bedroom houses here were particularly attractive,   locations where their budgets stretch further. Dalgety
 The  property  market  in  West  Fife  &  Kinross  saw   conditions soften elsewhere.  selling in 10 days - though slightly slower than last year.   Bay  rounded  out  the  top  three  for  sales,  though
 steady growth between March and August 2025, with   In  Dunfermline,  three-bedroom  homes  performed   volumes dipped slightly by 5.6%.
 the average selling price rising by 5.3% year-on-year   Cairneyhill saw the greatest gains, where properties   strongly too, achieving sales in a median of 12 days, one
 to  £226,853.  This  performance  reflects  continued   sold  for  an  impressive  109.5%  of  Home  Report   day faster year-on-year.  The  picture  across  West  Fife  &  Kinross  is  therefore
 demand across the region, though growth has varied   valuation, up 5.7 percentage points year-on-year. More   one of balance: while rising prices in prime areas such
 widely by location and property type.  broadly, 81.9% of homes across the region achieved at   These trends underline the area’s continued appeal for   as  Aberdour  and  Dunfermline  highlight  enduring

 least their valuation, highlighting consistent demand   young families and first-time buyers who value quick   desirability,  affordability-sensitive  towns  like  Rosyth
 Aberdour once again secured its place as the most   from buyers.  access to Edinburgh alongside more affordable prices   are benefiting from strong buyer demand, ensuring the
 expensive town, with homes selling for an average of   compared to the capital.  regional market remains resilient overall.
 £479,710, a 5.8% increase on last year. At the other   Notably,  some  of  the  more  affordable  towns
 end of the scale, Cowdenbeath recorded the region’s   produced  the  strongest  returns  for  sellers.  Rosyth
 most affordable average at £131,264 - though this was   (105.9%), Cowdenbeath (104.6%), and Kelty (103.7%)
 shaped by a sharp 29.5% annual drop in prices.  all outperformed the regional average, showing that
 competitively  priced  homes  are  generating  lively
 By property type, Dunfermline held both ends of the   bidding activity.  Key Points
 market.  Five-bedroom  houses  achieved  the  highest
 average at £429,307, while one-bedroom flats provided   Properties continued to sell quickly in
 the most affordable entry point at £104,913, underlining   West Fife & Kinross  Average    Days to    Home
 the city’s broad appeal to different buyer groups  Sales                                         Closing
 Homes in West Fife & Kinross sold in a median time   selling   volumes  go under   Report          date
 Buyers paid more over the Home Report   of just 15 days during March - August, one day quicker   price  offer  valuation
 than last year. This speed positions the region among
 valuation
 the most active markets in Scotland, even as closing
 Competition remained firm across West Fife & Kinross,   dates eased slightly, with 16.7% of sales reaching this   The average selling price   Sales volumes dropped   Properties in West Fife   Buyers paid 103.3%   16.7% of properties set a
 with  buyers  paying  on  average  103.3%  of  Home   stage compared with 18.5% the year before.  of property in West Fife   by 9.0%, while property   & Kinross flew off the   of the Home Report   closing date, down from
          & Kinross was £226,853,   listings increased 6.6%   market in just 15 days,   valuation on average, up   18.5% the previous year.
         a steady annual increase   compared to last year.  one day quicker than the   0.8 percentage points.
                of 5.3%.                             same time last year.



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