Page 16 - PMR_Sept25

East Fife

Key Points

Average
selling
price

Homes took longer to sell, though
hotspots remained The average selling price of property in
East Fife was £267,673, an annual
The median selling time rose to 51 days, making sales
decrease of 5.6%.
18 days slower year-on-year. This lengthening reflects
the wider market shift, as buyers take more time to
assess options amidst reduced urgency.
Sales
The proportion of homes going to a closing date also volumes
halved, with just 8.2% compared to 16.4% last year.
This marks a significant drop in competitive bidding,
though hotspots remain. Burntisland led demand,
with 17% of homes reaching a closing date and a Sales volumes fell by 3.7% and new
notably quick median selling time of 12 days. property listings dropped 10.2%.

By property type, two-bed houses in Kirkcaldy sold
the fastest at 20 days (though slightly slower than last Days to
Credit: Mino Surkala/Shutterstock.com year), while three-bed houses in Cupar recorded a 25-
day median selling time, which is a significant sixty- go under
one (61) days quicker year-on-year. This shows that offer
Average selling prices fell across East Buyers paid closer to Home Report family-sized housing continues to attract committed
buyers even as wider demand cools.
Fife valuations Properties in East Fife took 51 days
to go under offer.
The average selling price of a property in East Fife On average, East Fife homes sold for 99.2% of their Listings and sales activity declined
stood at £267,673 between March and August 2025, Home Report valuation, down 2.1 percentage points
representing a 5.6% decrease year-on-year. This marks year-on-year. This signals a shift in market dynamics, Market activity softened overall during this period, with
a continuation of the cooling trend seen over the past with buyers now negotiating more effectively and new property listings down 10.2% year-on-year and Home
year, with affordability improving for buyers but creating sellers needing to adjust pricing expectations. sales volumes falling 3.7%. This reduction in supply Report
tougher conditions for sellers. and demand highlights the more cautious market valuation
climate seen in some parts of Scotland in 2025.
The stand-out performer was Burntisland, where
St Andrews remained the most expensive location, with
homes sold for 105.4% of Home Report valuation,
an average property price of £347,922, down 5.8% year- By town, the highest number of sales came from
an increase of 2.1 points year-on-year, underlining its Buyers paid 99.2% of the Home
on-year. In contrast, Kirkcaldy was the most affordable appeal in a market where most towns saw declines. St Andrews, Kirkcaldy and Cupar. However, volumes Report valuation on average, down
market, with an average of £195,250 - a figure supported Elsewhere, buyers paid close to Home Report figures in both St Andrews (down 12.5%) and Kirkcaldy (down 2.1 percentage points.
by a notable 13.3% fall compared to the previous year. 17.9%) fell sharply year-on-year, while Cupar bucked
in a selection of popular towns such as Pittenweem the trend with a 29.4% increase, underlining its
(99.7%), Cupar (99.4%), and St Andrews (98.9%).
Breaking this down further, the most expensive property growing popularity.
type was three-bed houses in St Andrews, averaging Closing
£341,625, while the most affordable were two-bed Overall, 59.7% of East Fife properties sold for In terms of property type, three-bed houses date
flats in Kirkcaldy, at £108,113. These figures highlight at least their Home Report valuation, a sharp dominated the market once again, particularly in
the continued strength of St Andrews’ family housing drop from 66.5% in the same period last year, Cupar, Kirkcaldy and St Andrews. This reflects the
market, but also underline how Kirkcaldy offers significant demonstrating softer buyer competition across ongoing demand for family homes in East Fife, even
opportunities for first-time buyers and investors. much of the region. amid wider market headwinds. 8.2% of properties set a closing date.

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