Average selling prices up 2.7% in Scotland, ESPC finds
The average selling price in the regions increased by 2.7% year-on-year to £296,298.
Local market trends continue to vary across Edinburgh, the Lothians, Fife and the Borders, according to ESPC’s latest House Price Report for May to July 2026.
The average selling price in the regions increased by 2.7% year-on-year to £296,298.
East Fife saw a rise of 5.4%, while East and West Lothian recorded higher increases at 8.2% and 9.5%.
Sales volumes and insertions declined, by 7% and 6.1%.
Sellers remained confident, with 85% of properties listed using the ‘offers over’ pricing strategy, up 8.7% on last year.
Buyer interest also increased, with property search views up on espc.com and a 12% rise in My ESPC account sign-ups.
Property stock levels remained similar to last year.
Median selling time stayed at 21 days, and buyers paid an average of 102.2% of Home Report valuation.
Closing dates dropped from 22.1% to 19.8%.
Dunfermline had strong demand for lower-priced properties.
The average selling price fell by 6.8% as sales of four-bedroom homes dropped and sales of two- and three-bedroom properties rose.
Buyers paid 103.5% of Home Report valuation on average, and median selling time was 13 days.
Paul Hilton, CEO of ESPC, said: “Last month’s Report presented a strong drive in demand for premium properties, especially in East Lothian, and this month we can see a continuation of that pattern.
“Buyers with bigger budgets are seeking premium homes in prestigious locations and the surrounding economic environment will be less impactful.
“For buyers in the middle ground, it’s no surprise to see a real drive towards locations such as Dunfermline, which offer the opportunity to purchase a long-term home at a much more affordable price.”
Hilton added: “With so much variation in the market, accurate pricing and local market expertise remain highly important in securing a successful sale.
“More broadly, and encouragingly, we are continuing to see high levels of seller confidence, and buyers moving swiftly when the right property comes onto the market.
“Competition is less intense than we saw during the same time last year, but well-priced, well-presented homes are continuing to attract strong levels of interest and achieving healthy results.”
Related
UK house price growth slows to 1.3% in July – Zoopla
House price growth slows to 1.8% in July, Nationwide finds
Yorkshire offers homebuyers more for their money, says YBS
Excessive noise can wipe up to 20% off house prices, House Buyer Bureau finds
Prime Central London £2m listings rise by 2.5%, analysis finds
Sea-view home asking prices up 27% since 2019 – Rightmove
Northern house price growth eases as regional gap narrows – e.surv
New build price premium rises to 30%, data reveals
Cumberland tops UK affordability rankings, research finds
Annual house price growth slows to lowest level since 2023 – Lloyds
Buyers are overlooking costly period home repairs, expert warns
