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THE PROPERTY MARKET

The House Price Report:
Property sales across the full area saw a 4%
January - March 2025 year-on-year increase between January and 140
March 2025, despite a 1.7% annual decline in
We share the latest property market data from across Edinburgh, the number of properties listed. This suggests solicitor estate agents
a rise in active buyers within the market. ready to help you buy and sell homes
the Lothians, Fife and the Borders.
Dunfermline recorded the highest number Over
he average selling price of property January and March 2025 stood at 100.8%. of property sales, though transactions were 2,470
in Edinburgh, the Lothians, Fife and This is just 0.2 percentage points lower down 22.6% compared to the previous year. homes for sale
Tthe Borders was £283,912 in January - than the same period last year. This remains Leith remained the second most active area
March 2025, an annual increase of 6.1%. encouraging news for buyers and those for sales, despite a slight 1.2% decrease, 690,000
looking to move up the property ladder. With while Corstorphine experienced a 5.5%
In the capital, there was a notable jump of selling prices now more closely aligned with annual increase, highlighting its appeal as a My ESPC emails sent during March
6.8%, resulting in a new average selling price Home Report valuations, purchasing a home desirable location near Edinburgh city centre.
of £304,064. has become more affordable. The reduced Musselburgh followed closely, with a notable
need for overbidding means buyers can 24% year-on-year rise in sales volumes.
Midlothian and the Scottish Borders allocate more funds towards their mortgage steady flow of properties on the market, it
experienced healthy increases in the deposit, improving overall affordability. It was positive news for sellers in terms of allows for calmer seas for those in a position
average selling price, rising 3.2% and 3.8% marketing their properties as well, with to purchase.”
respectively. Recording a new average The median time for properties to go under 87.4% of homes listed under the ‘offers
selling price of £217,517, making it the most offer during this period was 32 days, which over’ pricing model, an increase from 75.2% “It’s also fantastic to see a continuing rise in
affordable region, West Fife & Kinross is two days longer than the same period the year before. sales volumes, providing clear evidence that
experienced a modest year-on-year increase last year. This market stability and provides the market is thriving, giving sellers strong
of 0.8%. consistency for all both buyers and sellers. What does it mean for the local confidence and a positive outlook as they
Buyers have more time to carefully consider property market? navigate their property sales.”
The average percentage of Home Report properties, whilst sellers can feel confident CEO Paul Hilton commented: “The first
valuation achieved across Edinburgh, the that their homes will still attract offers within quarter of 2025 presents a consistent Looking ahead, strong competition is set
Lothians, Fife, and the Borders between a few weeks. picture for the property market, with the to continue, with well-priced properties
trends of the past few months continuing. attracting swift interest. The market remains
We are certainly seeing a market that is buoyant, offering positive conditions for
strong for buyers, with plenty of options both buyers and sellers as we move into the
Key points £283,912 premiums, fewer closing dates and longer “If you’re thinking of buying or selling a
warmer months of the year.”
available, reduced expectations to pay high
selling times, giving house hunters ample
average selling price
property in Edinburgh, the Lothians, Fife,
opportunity to shop around to find their
Up 6.1% year-on-year.
or the Borders, contact your local ESPC
ideal home. There is plenty of interest and
100.8% 32 days activity among property buyers, but with a solicitor estate agent today.”
average percentage of Home median time to sell
Report valuation achieved
Just 0.2% percentage points Two days longer than the same
lower annually. period last year.

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