Tayside property market continues strong start in 2025

The Tayside property market is maintaining its positive momentum in early 2025, with February’s performance reinforcing the encouraging trends seen in January. The latest figures from TSPC show rising buyer demand, an increase in available properties, and strong sales activity, all signs of a dynamic and healthy housing market.

Exclusive new listings up 16%

Sellers are responding to the buoyant market conditions, with 369 new property listings on TSPC from 1st January to 28th February 2025. Despite February being one day shorter in 2025, this represents a significant 16% increase versus 2024. In February alone, 194 properties were newly listed, reflecting a 7% rise on 2024. This growth in fresh stock is providing buyers with more choice and opportunities.

Under offers rise by 10%

The number of properties marked as ‘under offer’ between 1st January and 28th February 2025 has increased by 10% compared to the same period in 2024. Focusing on February alone, 210 properties went under offer – a notable 13.5% increase year-on-year. This indicates a competitive environment where buyers are acting swiftly to secure their desired properties.

Sales completed are up 38%

The momentum extends beyond offers, with completed sales surging by 38% year-on-year. The total sales value for the first two months of 2025 has reached an impressive £44.2 million, compared to £30.5 million in 2024. February alone saw a remarkable 47% rise in completed sales, with 112 properties successfully sold. These figures suggest that not only are buyers eager to make offers, but they are also swiftly finalising transactions.

Impressive website activity

Buyer engagement on tspc.co.uk has been equally strong. From 1st January to 28th February 2025, the site recorded more than 2.9 million sessions. Additionally, the average number of pages viewed per user has increased by 23%, and the average time spent on the site per user has risen by 20%, now standing at 9 minutes and 31 seconds. These statistics underscore the heightened interest in the property market and the value of TSPC as a go-to platform for homebuyers.

A positive market for buyers and sellers

For buyers, the increase in new listings means greater choice and a more diverse range of properties on the market. However, with under-offer activity also rising, acting decisively remains key.

For sellers, the market remains positive, with properties taking an average of just 34 days to receive an offer during the first two months of the year – one day faster than the same period in 2024. Additionally, properties with a Closing Date set have dropped by 2.1 percentage points year-on-year, suggesting less competition and a smoother selling process.

Overall, early 2025 continues to show strong demand and activity, making it an opportune time for both buyers and sellers to engage with the market. Whether looking to buy or sell, TSPC and our member solicitor estate agents remain the trusted source for all property needs in Tayside.

Coming next month: TSPC Q1 House Price Report

In early April, we will be publishing our first House Price Report of the year, which will provide a detailed analysis of the quarter one market, breaking data down by area. Keep an eye out for this in-depth report to gain further insights into the latest property trends across Tayside.