Page 15 - ESPC Magazine - June 2021

in 2020 the volume of new listings was currently sitting at £191,316. This was up 16%
exceptionally low, however we have seen a on the same period in 2019.
2% increase on the same period in 2019.
The average selling price in the Borders was
In Edinburgh, new property listings increased £212,105, which was up 4% annually but down
by 266% year-on-year and 5% on the same by 3% on the same period in 2019. This was
period in 2019. due to a higher proportion of lower value
homes selling, as opposed to an actual drop
East Lothian however saw 15% less listings in house value.
than the same period in 2019 (222% up on
the same period in 2020). A similar trend is Between March and May 2021, the average
seen in Midlothian with a decrease of 12% percentage of Home Report valuation
in new listings compared to 2019, as well as achieved in Edinburgh, the Lothians, Fife
West Fife and Kinross where there was a and the Borders was 103%. This was similar
decrease in new listings of 19% compared to to March to May 2020 and 2019 which was
the same period in 2019. With strong sales 103% and 103% respectively.
volumes, these areas appear to be proving
particularly attractive to buyers. The biggest changes in the average amount
of Home Report valuation achieved were
CONFIDENCE FROM BUYERS AND noted in Edinburgh and the Borders. Whilst
SELLERS REMAINS STRONG Edinburgh saw a 2% decrease in the average
Over the last three months, the average percentage achieved (reducing to 103%), the
selling price has continued to rise in Borders saw a 3% annual increase to 101%.
Edinburgh, the Lothians, Fife and the Borders,
and was up 13% year-on-year and up 6% MEDIAN TIME TO SELL CONTINUES TO
on the same period in 2019. The average DECREASE ACROSS THE AREA
property selling price in these areas was Across Edinburgh, the Lothians, Fife and the
£261,369. Borders the median time to sell was 21 days
between March and May 2021. This was one
Selling prices rose across many areas. The day faster than last year and the same as the
average selling price in Edinburgh was same period in 2019.
£277,496, up 10% on the same period last
year and up 6% on the same period 2019. Despite the sales volume increasing along
with the average selling price, in Edinburgh
In Midlothian, properties sold for an average of the median time to sell saw an increase from
£221,657 between March to May 2021, up 18% both 2020 and 2019. Between March and May
annually and up 6% during the same period in 2021, the median time to sell in Edinburgh
2019. In East Lothian, the average selling price was 25 days. This was down from 28 days
during these months was £267,803 up 20% in the preceding three months, however it
annually and up 6% on 2019. was eight days slower than the same period
last year and five days slower than the same
In West Fife and Kinross, there was a 4% period in 2019.
annual increase in the average selling price,

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