HSPC 2024 Highland Property Review

Posted by HSPC on Friday, 07 February 2025

HSPC 2024 Highland Property Review

Our annual property review provides a comprehensive analysis of the market across the Highlands.

  • The average house price in the Highlands was £216,867,  representing a 0% change from 2023.
  • August and September were the busiest months for property sales.
  • August was the busiest month for new properties coming onto the market.
  • Detached villas led in the volume of property types sold in 2024, followed by detached bungalows
  • The highest-priced property type was the detached villa, with an average of £329,960.
  • The average selling price of a flat in the Highlands was £143,117
  • On average, properties sold through HSPC achieved a 2% premium over the asking price.
  • July and March stood out as the most successful month for achieving a 'sold price' versus 'asking price,' with an average of 4% over the asking price.
  • Over 3.2 million pages were viewed on hspc.co.uk in 2024.
  • Over 50% of properties in 2024 were HSPC Early Bird Properties, appearing with us before any other portal.

This is what HSPC Manager, Bernadette Reynolds had to say ‘The Highland property market remained steady throughout 2024, demonstrating resilience in the face of changing market conditions. While sold prices remained unchanged and sales volumes saw a slight increase compared to 2023, demand for homes in the region remained strong, and sellers continued to achieve competitive prices.

The modest increase in available stock was a welcome development, providing buyers with more choice than in previous years.

Looking ahead, we expect the Highlands to remain an attractive place to buy and sell property. The stability in average house prices reflects the enduring appeal of the region.’

Understanding the 'Offers Over' System in Scotland: A Guide for Buyers

Posted by HSPC on Tuesday, 04 February 2025
The "offers over" system is a defining feature of the Scottish property market, and it often takes new buyers by surprise. Unlike fixed-price sales, this approach involves competitive bidding, requiring buyers to strategically navigate the process to secure their desired property. Here's a detailed look at how this system works and how to approach it effectively. Read news article

How to lift your home's value?

Posted by HSPC on Monday, 02 December 2024
Maximizing the value of your property in Scotland requires careful planning, preparation, and attention to detail. Here's a checklist to help you get more money for your property. Read news article

Misconceptions when buying property in Scotland

Posted by HSPC on Tuesday, 05 November 2024
When it comes to buying property in Scotland, several misconceptions can lead to confusion or misunderstandings for prospective buyers Read news article

Renting in Scotland - Mistakes to Avoid

Posted by HSPC on Monday, 07 October 2024
Renting a property in Scotland can be a straightforward process if approached with care and attention to detail. However, several common mistakes can potentially lead to challenges or frustrations for tenants. Read news article

Navigating Mortgages in Scotland

Posted on Monday, 08 July 2024
Buying a home is an exciting milestone, but it often comes with a myriad of questions, especially when it comes to mortgages. Whether you're a first-time buyer or a seasoned homeowner, understanding the ins and outs of mortgages in Scotland is crucial for making informed decisions. In this blog post, we'll address some of the most frequently asked questions about mortgages in Scotland, demystifying the process and empowering you on your homeownership journey. Read news article

Exploring areas in the Scottish Highlands

Posted by HSPC on Tuesday, 02 July 2024

Buying vs. Renting Commercial Property in Scotland

Posted on Monday, 10 June 2024
Exploring the Pros and Cons Read news article

2023 HSPC Property Review

Posted on Wednesday, 31 January 2024
In 2023, the Highland property market experienced a relatively steady year, aligning closely with the trends observed in 2022 regarding new properties entering the market. While there was a slight dip in the number of properties sold compared to 2022, various factors such as the cost of living crisis, energy costs, and mortgage interest rates likely contributed to the slowdown in buyer plans. Read news article
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