A Strong Start to 2025 for the Edinburgh and Lothians Property Market
2025 is already proving to be another record-breaking year for Neilsons Solicitors and Estate Agents, with the local property market experiencing a robust and promising start in East Central Scotland.
Sustained buyer demand, rising property prices, and continued market growth have created highly favourable conditions for sellers. The spring and summer months are traditionally among the most popular times for home buyers, with extended daylight hours ideal for viewings and outside spaces adding significant value for outdoor living and dining.
Against a backdrop of improving mortgage rates, strong lending availability, and high demand for homes in Edinburgh and the Lothians, Neilsons has achieved an impressive 19% year-on-year increase in sales in 2025 so far, far surpassing the ESPC average growth of 3.4%. Properties across the ESPC saw average sales price growth of 6.3% in the year to date, with Neilsons again outperforming the market with an average increase of 7.9% in selling prices. This performance highlights the tangible difference that a knowledgeable, proactive Solicitor Estate Agent like Neilsons can make.
Neilsons’ success is underpinned by a commitment to accurate, professional valuations from the outset, tailored marketing strategies, effective and innovative digital tools, and clear communication throughout the sales journey. Whilst current market conditions are strong, it is a misconception that properties simply sell themselves! Our approach of careful planning, expert advice, and attention to detail remains essential at every stage of the process to get the best results.
With inflation showing signs of easing and the International Monetary Fund (IMF) predicting three further reductions to the Bank of England’s base rate in the coming months, 2025 presents a highly favourable landscape for both buyers and sellers alike.
Where do we think the market will go from here?
Edinburgh and its surrounding areas remain highly desirable places to live, with a growing population and an economy expected to outperform other parts of the UK in the coming years. The advantage of a system that utilises professionally regulated Solicitor Estate Agents, along with the upfront details provided in the Home Report, enhances market conditions here compared to other countries in the UK.
Edinburgh is a geographically compact capital, bordered by hills and the sea, resulting in a limited supply of properties in central locations. This scarcity is likely to sustain upward pressure on prices, as the pace of home building continues to lag behind the demands of a growing population.
We await the full impact of the new UK government on our economy and property market. In a city where one in four children attend private schools, the introduction of VAT on private school fees could influence property prices for family homes in areas with highly regarded state schools. The next Scottish Parliament election is expected in 2026, and with most property-related matters devolved to the Scottish government, it will be intriguing to see what housing policies are proposed in the run-up to the election and beyond.
This is certainly not the time to rely on an inexperienced agent who cannot adapt to changing market conditions. At Neilsons, we have navigated almost every conceivable market scenario in our over 47 years of business, and we look forward to assisting even more in 2025 and beyond.
A property that is accurately valued, professionally marketed, and effectively promoted, supported by our award-winning and highly experienced team of solicitors and property professionals, ensures your property is in the right hands to maximise market potential, regardless of the market conditions.
If you are buying, the big challenge is being able to secure the property you want to buy. This is where Neilsons can help. It is crucial to choose a Solicitor that understands the current market dynamics. Make sure you choose a Solicitor at Neilsons with not only the local experience necessary to proceed successfully, but that has the cutting edge technology to give clients the all important edge in today’s fast moving market.
Book a free consultation with Neilsons here!