Scotland's property sales volumes have gone up in the November 2023 – January 2024 period, according to the latest ESPC House Price Report.
Espc
Paul Hilton explains why, even in a slightly slower market, homeowners shouldn’t hold off on selling their homes. Homeowners who are considering moving on to a new property in 2024 are in a powerful position to influence the market, which shouldn’t be underestimated.
The average selling price of property in Edinburgh, the Lothians, Fife and the Borders dropped 6.6% year-on-year to £273,348, according to new figures from ESPC.
Scottish property portal ESPC has revealed that property sales in Scotland fall through far less frequently than in England, according to the latest data, which shows one in four sales collapsing in England, compared to around one in 12 across Scotland.
The average selling price of properties in Edinburgh, the Lothians, Fife and the Borders dropped 5% year-on-year during July-September 2023, taking the new average to £281,513, according to the latest report from ESPC.
The Scottish property market has shown signs of cooling as average property selling prices across Edinburgh, the Lothians, Fife and the Borders showed a 2.8% year-on-year drop during June-August 2023 to £286,560, according to the latest ESPC House Price Report.
During May-July 2023, the average selling price of property across Edinburgh, the Lothians, Fife and the Borders held steady in comparison to the same time last year. A marginal increase of 0.4% took the average to £287,820, showing that the property market overall has retained composure durin
ESPC will host an event for buy-to-let investors that will take place later this month. Date: Thursday 23rd February Time: 5:30pm-7:45pmLocation: 107 George Street, Edinburgh, EH2 3ES
Homes are selling quickly and a high level of home report valuations are being achieved, the latest data from ESPC shows. In August-October 2022, sales volumes across Edinburgh, the Lothians, Fife and the Borders reduced by 4.3% annually, while new property listings were up 0.5%.
A new way to market properties for sale has been launched by a collective group of solicitor estate agents and ESPC. Offers being accepted subject to the sale of the buyer’s property is common practice in many property transactions across Scotland. This proposition is brought to market to targ
The volume of properties sold in Edinburgh, the Lothians, Fife and the Borders has continued to rise over the last three months, according to new figures published by ESPC.
From January to March 2021, the volume of property sales in East Lothian was up 26.1% compared to the previous year, according to the latest figures published by ESPC.
The first three months of 2021 saw the volume of property sales in Edinburgh, the Lothians, Fife and the Borders rise by 55.7% compared to the previous year, according to ESPC's House Price Report for March 2021.
Between December 2020 and February 2021, the average property selling price in Dumfries and Galloway was £177,319, a 14.9 per cent increase on the same period last year, ESPC reports.
The Royal Institute of Chartered Surveyors (RICS) recently reported that interest from potential property buyers in Scotland was down during February, however, ESPC agents across the southern half of Scotland are reporting the opposite with significant buyer demand and enquiries for homes.