Scottish cities
House sales in Scottish cities, 2003/03-2022/23
The numbers of houses sold in each of the four cities was increasing up to 2007/08, and then dropped following the financial crash in 2008. None of the cities have seen a return to 2003/04 level of house sales, although they have mainly risen since 2009/10. There is another noticeable drop in 2020/21, when COVID-19 and the associated restrictions impacted on sales. Overall, across this period, Glasgow had a similar number of sales to Edinburgh – sometimes slightly more, sometimes slightly less – despite having a larger number of households. Aberdeen had lower rates, and Dundee the lowest amongst the cities show – with around a fifth the number of house sales of Glasgow in 2003/04 and around a quarter the number of house sales of Glasgow in 2022/23.
Average house price in Scottish cities, 2003/04-2022/23
House prices rose across each of the cities between 2003/04 and 2022/23. Rises were steepest before 2007/08 for most cities, although in Edinburgh, the increase in house prices has steepened again since 2016/17.
House prices in Aberdeen rose more quickly than in Glasgow up until around 2014/15, but they have dropped slightly since then, and the average house price in Glasgow (£198,862) was higher than that in Aberdeen (£186,410) in 2022/23.
Average house prices in Dundee were the lowest of the four cities through this period, going from £72,989 in 2003/04 to £166,879 in 2022/23 – from just under to just over half of the amounts in Edinburgh.
Notes
This page was last updated in November 2024.