ESPC data shows prices up two per cent

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ESPC ’s latest house-price report shows “a stable market across Edinburgh, the Lothians, Fife and the Scottish Borders, with modest price growth, improving stock levels and softer competition creating more balanced trading conditions”.

Using sales data from December 2025 to February 2026, the average selling price rose two per cent year-on-year to £292,287. ESPC said that while this represents more measured growth than seen in previous quarters, it reflects a market responding to steadier conditions rather than slowing demand.

While sales volumes were down 6.9 per cent year-on-year, they remain higher than levels recorded two years ago. New listings increased by 2.1 per cent year-on-year.

The report points to improving conditions for buyers, ESPC said, noting that the proportion of properties going to a closing date fell to 17 per cent during this time period - the lowest level seen in the past two years - and that the number of homes selling at or above home-report valuation reduced to 69.9 per cent.

The data showed that 86.8 per cent of properties are now marketed using the ‘offers over’ strategy, a 9.1 per cent increase year-on-year, indicating that sellers remain confident in their pricing.

Houses are now selling faster than flats, the report revealed, with a median selling time of 26 days compared to 31 days for flats.  It found that demand remains strongest for flats in Leith and three-and four-bedroom family homes in Dunfermline. It also noted that East Lothian’s average selling prices have risen 10.6 per cent to £297,839.

Fastest-selling properties include two-bedroom flats in Craigentinny and four-bedroom houses in Dunfermline, both achieving under-offer status in just 12 days:

“Overall, the February report signals a market that is moderating in pace but strengthening in structure, with improved stock levels and more sustainable competition creating healthier long-term conditions,” ESPC concluded. 

www.espc.com