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THE PROPERTY MARKET

 The House Price Report: April 2025  The  number  of  properties  sold  increased  by
        7.8% compared to the same period last year.   130
 We share the latest property market data from across Edinburgh,    solicitor estate agents
        Properties  sold  in  the  highest  volume  in
 the Lothians, Fife and the Borders.             ready to help you buy and sell homes
        Dunfermline. Leith and Corstorphine were in
        second and third place respectively, while South   Over
        Queensferry secured fourth spot, thanks to   2,660
 he average selling price of property in   every home sale. Homes in Dunbar enjoyed   a  significant  annual  growth  in  sales  volumes
 Edinburgh, the Lothians, Fife and the   a  18.1%  increase  year-on-year,  resulting  in  a   of  111.1%.  Inside  the  top  ten  were  three  East   homes for sale
 TBorders was £285,684 during February -   new  average  selling  price  of  £325,957,  while   Lothian towns, hinting at increasing demand for
 April 2025, an annual increase of 6.6%.   Musselburgh  had  a  9.3%  rise,  increasing  the   commuter-friendly locations close to Edinburgh.   700,000
 average selling price here to £241,237.
        Dunbar saw a healthy 105.3% rise in properties   My ESPC emails sent during April
 Most regions saw solid growth in average   selling, while in Tranent, sales volumes also
 selling prices. West Lothian stood out with   The average percentage of Home  Report   increased substantially, by 78.3%. Ever-popular
 a  9.1%  year-on-year  increase.  The  Scottish   valuation achieved across the area stood at   Musselburgh was also in the top ten, with a   places like West Lothian, where homes are
 Borders also performed strongly, with average   101.1%.  This is only 0.1 percentage point down   modest sales volume increase of 5.9%.   selling faster and for significantly higher prices,
 prices rising by 7.8% to £224,824.   compared to the previous year. Homeowners   reflecting high demand and value.”
 looking to sell can have confidence in relatively   There was a slight increase in the number
 In Edinburgh, the property market showed   predictable  property  market  conditions  while   of  properties  coming  to  the  market  during   “While East Lothian saw a slight decline in
 strong growth, with average selling prices   home buyers can buy their new property at a   February  to  April  2025,  with  levels  up  0.7%   average prices overall, towns like Dunbar and
 climbing 6.8% to reach £304,294. A closer look   cost closer to the Home Report valuation and   compared to the same time last year. With   Musselburgh recorded double-digit growth
 at  the capital’s city centre revealed an  even   therefore potentially allowing them access to   some stabilisation around interest rates, it’s   and rising sales activity, showing that demand
 sharper  rise  of  10.6%,  bringing  the  average   better mortgage deals.   clear to see that homeowners are still keen   in commuter belts remains strong. The surge
 selling  price  there  to  £353,811.  This  area   to move.  in sales volumes across areas like South
 includes some of the city’s most sought-after   The median time for properties to go under   Queensferry and Tranent, and consistent
 neighbourhoods, such as New Town, Old Town,   offer was 34 days - four days longer than during   It was a different story in East Lothian, where   interest in Leith and Corstorphine, highlight the
 Stockbridge, West End, and Comely Bank.  the same period in 2024. This trend signals a   Musselburgh and Dunbar both enjoyed   continuing appeal of well-connected, lifestyle-
 stable market, offering reassurance to both   notable increases in the number of properties   rich communities.”
 Despite an overall decrease in the average   buyers and sellers. Buyers benefit from having   coming  to  market,  rising  41.3%  and  47.2%
 selling  price  as a  region,  there  were some   more time to evaluate properties carefully,   annually. Good news considering the strong   “Although the pace of sales has slowed slightly
 notable winners within East Lothian highlighting   while sellers can remain optimistic that sales   sales demand we’ve seen in these locations.   in some regions, the overall picture remains
 the hyper local differences within the property   are progressing  and  offers  are  likely  within a   one of a healthy, competitive market. Median
 market and showcasing the uniqueness of   short number of weeks.
        CEO Paul Hilton commented: “The spring   time to under offer across our core areas sits
        months  of  2025  have  continued  to  paint  a   at 34 days - still within a window that provides
                                              reassurance for sellers while allowing buyers
        positive picture for the local property market,
 Key points  £285,684   with rising average selling prices across most   the space to make informed decisions. Notably,
        regions, steady sales activity, and a consistent
                                              hotspots like Leith and Balerno are still seeing
 average selling price
        stream of new property listings. Buyers are
                                              properties  move  quickly,  underlining  strong
        benefiting from stable conditions, while sellers
                                              localised demand.”
 up 6.6% year-on-year.
        are seeing strong market engagement.”
                                              “Looking ahead, the market is poised for
 101.1%  34 days  “Edinburgh and surrounding areas have   continued activity into the summer months.
        demonstrated resilience and growth, with the   Well-presented, well-priced properties are
 average percentage of Home   median time to sell   capital’s average selling price increasing by   attracting  firm  interest,  and  with  buyer
 Report valuation achieved
        6.8%, and especially vibrant movement in city   demand remaining high, both sides of the
 just 0.1 percentage points lower annually.  four days slower than last year.   centre, where prices rose by more than 10%.   market have plenty of reason to be positive
        We’ve also seen impressive performance in   as we move forward.”
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