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THE PROPERTY MARKET

The House Price Report: January 2026

Prices up 4.3% as ESPC data signals confident start to 2026 property market.

SPC’s latest House Price Report grown, with seller enquiries up 39% year-on-
points to a confident start to 2026 year over the last three months, alongside
E for the property market across an increase in new seller asking prices.
Edinburgh, the Lothians, Fife and the
Scottish Borders, with rising prices, growing This confidence is reflected in the quality
seller confidence and sustained buyer and pricing of homes coming to market.
demand creating well-balanced conditions. The average Home Report valuation of
newly listed properties increased by 2%
Using sales data from November 2025 year-on-year, and a higher proportion of 100 Over 556,000
to January 2026, the average selling price homes were marketed using an ‘offers over’ 2,090
across the region increased by 4.3% year- pricing strategy, signalling optimism around solicitor estate agents ready to My ESPC emails
on-year to £296,093. November activity was achievable sale prices. help you buy and sell homes homes for sale sent last month
still influenced by uncertainty around the
UK budget and anticipated interest rate cut, Buyers continue to benefit from a decent
contributing to slightly lower stock levels, choice, with stock levels slightly lower than
with listings down 5% and sales volumes this time last year but sufficient to support
down 8% year-on-year. a competitive and flourishing market. That said, pockets of stronger competition Overall, the latest data points to a market
Importantly, pricing conditions remain remain. Higher premiums were seen for entering 2026 with solid fundamentals:
rising prices, strong engagement and
specific property types in high-demand
Market activity indicators highlight balanced. Across all regions and city sub- locations, including four-bedroom houses growing confidence on both sides of the
strengthening momentum. Average views regions, the average percentage paid over in Dunbar and three-bedroom houses market.
per property increased in January, while new Home Report valuation is hovering around in Newcraighall (both achieving 105%
My ESPC account registrations rose by 3% valuation, suggesting buyers can act of Home Report value), as well as one-
year-on-year. Seller confidence has also decisively without widespread overbidding. For more from ESPC, or to view properties
bedroom flats in Morningside (104%). currently on the market, visit espc.com.
Dunfermline, Leith, Corstorphine and
Musselburgh continued to lead the market
Key points £296,083 27 days in terms of sales volumes, with average Buyers continue to benefit
selling prices rising in Leith, Corstorphine
from a decent choice, with
and Musselburgh. Flats in Leith remained
median time to under offer
average selling price
the most popular property type overall,
four days slower than last year.
up 4.3% year-on-year.
driven largely by first-time buyer demand,
while family homes in Dunfermline proved stock levels slightly lower
than this time last year
particularly attractive to second-steppers.
but sufficient to support
101.2% In the Scottish Borders, demand remained
average percentage of Home Report valuation achieved strong, with the median time to sell falling a competitive and
by almost a fortnight to just 13 days, the flourishing market.
0.5 percentage points down on last year.
fastest of all areas, highlighting continued
buyer appetite.
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