Properties in Scotland sold for an average of 8.5% above asking price in Q4 2018, according to over 20,000. Sellers typically received around £14,000 ($18,300) above the listed price, a £1,500 MoM decrease. Scottish flats, terraced houses and semi-detached houses averaged sales above asking price of £31,000, £23,000, and £4,000 respectively. However, detached properties were sold for £19,000 below initial asking price on average, due to unrealistic expectations from sellers. Edinburgh, Fife and North Lanarkshire achieved sales higher than asking price, while East Renfrewshire and West Lothian saw prices below initial asking.
Properties in Scotland sold for an average of 8.5% above asking price in Q4 2018, according to s1homes.com. Sellers typically received around £14,000 ($18,300) above the listed price, a £1,500 MoM decrease. Scottish flats, terraced houses and semi-detached houses averaged sales above asking price of £31,000, £23,000, and £4,000 respectively. However, detached properties were sold for £19,000 below initial asking price on average, due to unrealistic expectations from sellers. Edinburgh, Fife and North Lanarkshire achieved sales higher than asking price, while East Renfrewshire and West Lothian saw prices below initial asking.