{"id":47897,"date":"2025-08-06T12:39:20","date_gmt":"2025-08-06T12:39:20","guid":{"rendered":"https:\/\/www.newsbeep.com\/uk\/47897\/"},"modified":"2025-08-06T12:39:20","modified_gmt":"2025-08-06T12:39:20","slug":"espc-majority-of-regions-see-rise-in-average-selling-prices","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/uk\/47897\/","title":{"rendered":"ESPC: Majority of regions see rise in average selling prices"},"content":{"rendered":"

\"ESPC:<\/p>\n

Dean Village, Edinburgh (Credit: George Iordanov-Nalbantov)<\/p>\n

The property market across Edinburgh, the Lothians, Fife, and the Borders displayed solid growth between May and July 2025, with average selling prices rising by 3.3% year-on-year to \u00a3289,982.<\/p>\n

Most regions saw an increase in average selling prices, with the exception of the Scottish Borders and East Fife.<\/p>\n

East Lothian recorded the most significant growth, with a 9.8% jump bringing its average price to \u00a3293,945. West Lothian and Midlothian also saw strong gains of 6.6% and 5.7%, to average selling prices of \u00a3283,393 and \u00a3271,879, respectively.<\/p>\n

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In the capital, the average selling price in Edinburgh rose by 3.3% to \u00a3310,758, with properties in the city\u2019s southwest experiencing a remarkable 14.8% surge. In contrast, the Scottish Borders saw prices fall by 8.7% to \u00a3209,087, the most affordable in the region, while East Fife experienced a minor decline of 1.4%.<\/p>\n

Market stability is being supported by sustained buyer demand. On average, buyers paid 102.5% of the Home Report valuation to secure a property, a slight increase on last year. Homes in West Fife & Kinross achieved the highest premiums, selling for an average of 104.1% of their valuation.<\/p>\n

The pace of sales remained steady, with the median time for a property to go under offer being 20 days, one day faster than in 2024. West Fife & Kinross was the fastest-moving market, with homes selling in just 13 days.<\/p>\n

Market activity was robust, with sales volumes increasing by 1.2% and new property listings rising by 6.5% year-on-year. This increase in supply has provided buyers with a wider selection of homes. Standout areas for sales growth included Dunbar, which saw a 65.6% jump in transactions, and Musselburgh, with a 30.3% rise.<\/p>\n

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Paul Hilton, CEO of ESPC, commented that the market has shown \u201csolid growth and resilience\u201d, remaining balanced for both buyers and sellers. He noted: \u201cConfidence is high across the market, and opportunities are abundant for those looking to buy or sell.\u201d<\/p>\n

Mr Hilton concluded: \u201cAs we look towards the rest of the year, the outlook for the property market remains optimistic. With a steady flow of new listings and continued buyer interest, there are ample opportunities for those looking to make a move.<\/p>\n

\u201cWhether you\u2019re searching for your first home, expanding to a larger property, or exploring investment opportunities, the market is well-placed for continued activity.\u201d<\/p>\n

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<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"Dean Village, Edinburgh (Credit: George Iordanov-Nalbantov) The property market across Edinburgh, the Lothians, Fife, and the Borders displayed…\n","protected":false},"author":2,"featured_media":47898,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[84,467,56,54,55],"class_list":{"0":"post-47897","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-markets","8":"tag-business","9":"tag-markets","10":"tag-uk","11":"tag-united-kingdom","12":"tag-unitedkingdom"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/47897","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/comments?post=47897"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/47897\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media\/47898"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media?parent=47897"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/categories?post=47897"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/tags?post=47897"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}