Page 12 - Property market report_Sept24-Feb25

The average
Sales volumes
selling price of property
West Lothian rose by 9.1% in West Lothian was
annually, while
insertions £272,335
increased 0.7% during September 2024
– February 2025, a leap of
10.8% year-on-year

16.7% Buyers paid
Properties took of properties went 100.4% of

26 days to sell, to a closing the Home Report
date
8 days faster than this valuation, only slightly
time last year down from
last year

The market was thriving, with West Lothian homes sold much
significant increases in buyer and faster year-on-year
Credit: TreasureGalore/Shutterstock.com
seller activity West Lothian enjoyed a shift in selling times during
The property market across West Lothian enjoyed September 2024 – February 2025, as properties flew
a slight boost in both buyer and seller activity in off the market eight days faster than the same time
Average selling prices increase in a Buyers paid slightly less of the September 2024 – February 2025, while figures last year; the median selling time for properties in
West Lothian was 25 days during this period. However,
much busier winter period for West Home Report valuation to secure a remaining similar to this time the previous year.
this figure is nine days slower than September 2022
Lothian home compared to last year – February 2023, where properties were going under
The volume of new properties coming on to the
The average selling price of property across West West Lothian buyers were able to secure properties market rose by 0.7% year-on-year, continuing offer after 16 days.
Lothian during September 2024 – February 2025 was very close to the Home Report valuation figure to offer buyers a range of property sizes, styles
£272,335, an increase of 10.8% when prices were at throughout September 2024 – February 2025, and price brackets. Livingston provided the 16.7% of properties for sale set a closing date, up from
£245,788 at the same time last year. Like other areas as homes achieved 100.4% of their valuation on highest number of properties coming onto the 11.8% during the same period last year. However,
covered by ESPC, this increase suggests a strong average. This is very similar to the figure recorded market, followed by Winchburgh, East Calder, the 2022/2023 time frame seemed to be very
interest in the West Lothian property market. in September 2023 – February 2024, with just a and Bathgate. competitive for the West Lothian property market, as
0.3 percentage point decrease, showing that the 31.5% of properties for sale set a closing date during
Properties in Linlithgow were the most expensive market has remained consistent over the last 67.1% of properties for sale were listed using the this time – again showing fluctuance in this region’s
across West Lothian, with properties selling at an twelve months. ‘offers over’ marketing method; this is higher than market over the last few years. 23% of homes for sale
average of £449,350, an increase of 42.3% year- the 63.3% seen in the same period last year, but in Livingston set a closing date, the exact same figure
on-year. This was followed by East Calder with an 62.7% of properties sold for at least their Home is lower than the competitive 2022/2023 market, as this time last year, and continuing to demonstrate
average of £322,125. Report valuation, meaning buyers could reasonably where this figure was 71.8%, showing fluctuance a strong demand with buyers.
expect to buy a property very close to the valuation in previous activity levels in the West Lothian
Properties in Livingston and Winchburgh were figure, allowing them to channel more of their market, although it is once again increasing.
slightly more affordable, with an average selling price savings into a mortgage deposit. This is a reduction
of £274,210 and £291,161. With both of these areas from the 65.6% seen in September 2023 - February Sales volumes also increased by 9.1% throughout
increasing since the previous year, buyers can feel 2024, and a substantial decline from the 89% seen September 2024 – February 2025 in comparison
confident with their place in the market, while sellers in September 2022 - February 2023 but is largely in to the same time last year. Livingston continued
can feel reassured that their properties are sold in a line with patterns and trends seen throughout the to secure the most property sales, followed by
thriving area. regions covered in this report. Winchburgh, East Calder, and Linlithgow.

12 | PROPERTY MARKET REPORT PROPERTY MARKET REPORT | 13