Page 8 - PMR_Sept25
P. 8

East Lothian

                                                                                                                                                                                                           Key Points





                                                                                                                                                                                                            Average
                                                                                                                                                                                                             selling
                                                                                                                                                                                                              price




                                                                                                                                                                                                  The average selling price for properties in
                                                                                                                                                                                                   East Lothian increased by 6.3% year-on-
                                                                                                                                                                                                           year to £295,340.





                                                                                                                                                                                                              Sales
                                                                                                                                                                                                            volumes





                                                                                                                                                                                                 Sales volumes across East Lothian increased
                                                                                                                                                                                                  by 30.4% annually during March - August
                                                                                                                                                                                                               2025.
          The average selling price in East                   Musselburgh offered the highest number of properties                  Buyers paid the highest premium to live in the areas
          Lothian increased year on year                      for sale, despite a 1.1% decrease in comparison to the                of  Longniddry,  as  homes  here  attracted  105.1%  of
                                                              previous  year.  This  was  followed  by  Dunbar  with  a             their Home Report valuation on average, an increase
          The average selling price of property in East Lothian   17.6% increase and North Berwick with an incredible               of 4.3% year-on-year. Buyers searching for a home in                     Days to
          experienced an annual increase of 6.3% during March -   97.6% more new property listings this year compared               Tranent could enjoy the best stability, as homes here                   go under
          August 2025, taking the new average to £295,340. This   to  last  year.  Both  Haddington  and  Prestonpans               achieved 99.7% of their valuation figure on average,
          suggests strong stability in the market, where buyers   experienced similar numbers of new listings to those              leaving buyers more in their budgets to put towards                       offer
          can feel confident with their place in the market, and   in North Berwick.                                                their mortgage deposit.
          sellers can feel reassured.
                                                                                                                                                                                                   East Lothian properties took 26 days to
                                                              Musselburgh  was  in  high  demand  with  buyers,                     Properties took longer to sell overall, but                    go under offer, 3 days slower than the
          Properties  in  Gullane  were  some  of  the  most   recording  the  largest  volume  of  property  sales,  with                                                                                  previous year.
          expensive,  with  an  average  selling  price  of  £513,193,   levels rising 29% compared to the same time last year.     weren’t the slowest across all regions
          with Longniddry homes coming in at a close second at   Two-bedroom flats in Musselburgh proved the most                   Homes in East Lothian took a median time of 26 days to
          £462,111. In contrast, homes in Port Seton were some of   popular  in  the  area  with  sales  volume  increasing  by     go under offer, which is 3 days slower than the previous                 Home
          the most affordable, with property in this area selling   31.4% year-on-year.                                             year. However, this selling time is among the fastest
          for an average of £221,600.                                                                                               across  all  ESPC  regions,  showing  that  East  Lothian                Report
                                                              Buyers paid less over Home Report                                     remains in high demand with buyers who feel the need                   valuation
          The most affordable property type on the market across   valuation than last year                                         to act swiftly, even with other options available to them.
          the region was one-bedroom flats in Musselburgh, with
          an average selling price of £150,784. The most expensive   Homes  in  East  Lothian  saw  a  slight  decrease  in         One-bedroom flats in Musselburgh proved to be the             Buyers in East Lothian paid 101.9% of the
          properties in East Lothian were five-bedroom houses   the  amount  of  a  property’s  Home  Report  valuation             most popular, taking a median of just 16 days to go             Home Report valuation on average.
          in Dunbar with an average of £590,242.              prospective buyers were willing to pay.                               under offer. This was closely followed by two-bedroom
                                                                                                                                    flats in Prestonpans at 20 days.
          East Lothian’s property market saw a                During March - August 2025, East Lothian properties
                                                              achieved an average of 101.9% of their Home Report                    19.5% of homes for sale in East Lothian had a closing                    Closing
          strong surge in buyer and seller activity
                                                              valuation, which is 0.8 percentage points less than the               date set, which is down 3.6 percentage points from the                    date
          In a clear indication of a booming local market in East   previous year. However, East Lothian homes were still           previous year. Ormiston properties attracted a strong
          Lothian new property listings rose by 12.4% annually,   in high demand, with a 30.4% increase in sales volumes            level of interest with 40% of homes setting a closing
          coinciding with a 30.4% increase in sales volume.   overall.                                                              date, followed by 36% of North Berwick properties.
                                                                                                                                                                                                  19.5% of the property sales in East Lothian
                                                                                                                                                                                                       were set with a closing date.
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