Page 15 - Property market report_Sept24-Feb25

Buyers paid
West Fife & Kinross of the Home Report
103.1%
18.4%
valuation on average, of properties set a
up 1.5 percentage closing date
points
The average selling
price of property in
Properties in West Fife & Kinross was
West Fife & Kinross Homes in Rosyth achieved the highest figure over Sales volumes increased across the
flew off the market in just £229,288,
a significant annual Home Report valuation overall, with buyers paying region
15 days, five days increase of 9.4% an average of 106.8%, up 2 percentage points
faster than the same annually. The property market in West Fife & Kinross moved at
time last year a healthy pace during September - February, with a

Throughout September - February, 82.5% of steady number of new homes coming to market and a
properties in the region sold for at least their Home modest increase in overall property sales.
Report valuation, an increase from 70.8% last year.
This trend highlights the growing demand in West Despite insertions decreasing slightly by 0.2%, which
Fife & Kinross and a market shift benefiting sellers. equates to just one fewer property entering the market
compared to last year, West Fife & Kinross gave buyers

Average selling prices rise across West Fife & Properties continue to fly off the plenty of choice.

Kinross. market in West Fife & Kinross Dunfermline had the highest number of homes listed,
The average selling price of property in West Fife & Kinross surged Properties in West Fife & Kinross sold significantly with Rosyth in second place having enjoyed an increase
by 9.4% year-on-year, resulting in a new average of £229,288 faster than those in other ESPC regions, with a of 16.7% when comparing year-on-year. Crossford,
during the period September 2024 to February 2025. median selling time of just 15 days. This is five days Cowdenbeath, Inverkeithing and Dalgety Bay followed
quicker than the previous year, making West Fife close behind, all bringing a similar number of properties
The charming coastal town of Aberdour was the region’s most & Kinross the fastest-selling region within ESPC’s to market.
expensive place to buy a home, with an average selling price of coverage.
£457,200. Rosyth offered the most affordable properties, with the 91.3% of sellers chose to list their home for ‘offers over’,
average selling price of a home here sitting at £154,790. Two-bedroom houses in Dunfermline were the which is a huge uplift from the 67.9% recorded the
quickest to sell, spending an average of only nine previous year, signalling a very strong boost in sellers’
Whilst Dunfermline was home to the region’s most expensive days on the market - an impressive 15 days faster confidence in the local property market. Alongside this,
property type – five-bedroom houses selling for an average price of than the same period last year. sales volumes across the region rose 5.6%, highlighting
£385,414 – one-bedroom flats in the city were the most affordable a robust property market in West Fife & Kinross.
property types across the region, being snapped up by buyers for an The combination of rapid sales and a steady influx
average price of £90,713. of new properties highlights the ongoing appeal of Dunfermline secured the highest volume of property
West Fife & Kinross. Buyers of all ages and life stages sales, enjoying an increase of 14.6% compared to

Buyers paid more over the Home Report are drawn to the area’s affordable property options, last year. The next three best towns in terms of sales
strong transport links and excellent local amenities. volumes were Rosyth, Inverkeithing and Dalgety Bay, all
valuation
of which experienced healthy year-on-year increases.
During September - February, buyers in the region paid on average 18.4% of properties went to a closing date in the
103.1% of the Home Report valuation to secure a property, which is region, a decent improvement on last year where Whilst three-bedroom houses in Dunfermline sold in
an increase of 1.5 percentage points compared to the previous year. the figure sat at 15%. Rosyth was particularly in the highest volumes, four-bedroom houses saw the
West Fife & Kinross was the only region covered by ESPC solicitor demand, with 27% of homes in the area setting a highest increase year-on-year, with a surge of 106.1%,
estate agents that experienced a rise in the average percentage of closing date. This aligns with Rosyth achieving the indicating continued interest from buyers seeking
Home Report valuation attained, showing that demand is still very highest percentage of Home Report valuation paid, affordable family homes in this popular commuter city.
strong for homes in this location. driven by competitive buyers.

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