Month: August 2014

ESPC House Price Report August 2014

  • The number of homes being sold across Edinburgh, the Lothians and Fife has continued to rise, although the pace of growth has eased in recent months.
  • The number of sales recorded by ESPC rose by 13% annually between June and August.
  • Seller activity has also improved, with the number of homes coming onto the market up by 19% on an annual basis.
  • Properties are spending less time on the market, with median selling times down from eight weeks a year ago to five weeks this year.
  • Within Edinburgh roughly two-thirds of homes sold between June and August achieved a selling price equal to or in excess of their Home Report valuation. In ¬†other areas most homes are still selling for slightly less than their original valuation figure.