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.
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.
Between December 2020 and February 2021, the average property selling price in East Fife, West Fife and Kinross was £218,393, up 11.9% compared to the previous year, according to the latest data from ESPC.
The average property selling price in Edinburgh, the Lothians, Fife and the Borders over the past three months was £265,953, up 7.4% compared to the same period last year, according to the latest figures from ESPC.
The move to homeworking and a decline in demand for short-stay Airbnb lets, as well as worries about Covid rates in urban areas, are thought to have contributed to rents plummetting in Edinburgh.
Edinburgh-based real estate consultants ESPC has revealed the top selling areas in Edinburgh, the Lothians, Fife and the Borders throughout 2020.
In the fourth quarter of 2020, the average property selling price in Edinburgh, the Lothians, Fife and the Borders was £269,542, up 8.1% compared to last year, according to the latest data released by ESPC.
Scottish property prices are continuing to rise year on year as the average selling price from August to October Edinburgh, the Lothians, Fife and the Borders rose by 7.9% to reach £270,983.
From July 1 to September 30, the average selling price in Edinburgh, the Lothians, Fife and the Borders was £266,149, up 5.2% compared to the same period last year, according to property consultant ESPC. This is also an increase compared to the first quarter of the year, during
The Scottish Property market has seen a huge demand since the coronavirus lockdown restrictions have been eased, according to property firm ESPC.
ESPC has highlighted how the Scottish property market might move forward after the coronavirus lockdown measures have been eased.
ESPC agents have reported that some buyers are choosing to submit an offer after viewing a property virtually.
ESPC has studied some of the effects of the coronavirus pandemic on the property market, looking at how the market and agents have adapted to the current circumstances and what the future may hold.