Average house prices in Scotland increased by £3,532 over the past year, according to analysis of the latest house price data by DJ Alexander.
The figures, based on the latest monthly house price index, show average prices rose from £183,152 in March 2025 to £186,684 in February 2026 – an annual increase of 1.9%.
By comparison, average house prices across England and Wales fell by £1,742 over the same period, representing a decline of 0.6%.
The data also highlights significant regional variation across Scotland. Inverclyde recorded the largest annual increase, with average prices rising by £11,422, followed by East Dunbartonshire (£10,880), Moray (£10,303), Renfrewshire (£10,138) and South Ayrshire (£9,727).
Five areas recorded annual price declines. Aberdeen saw the largest fall at £7,517, followed by East Lothian, Highland, Stirling and Midlothian.
Edinburgh remained the most expensive area in Scotland, with an average house price of £294,990.
David Alexander, chief executive officer of DJ Alexander Scotland, commented: “These figures show that the housing market is slowing in Scotland. The peak occurred in November 2025 when average prices reached £193,044 and have fallen back by £6,360 which is a drop of 3.3% in just a few months. The figures show that this is occurring across the whole of the UK with England and Wales already seeing average prices lower than a year ago.”
“This is to be expected given the slower fall in interest rates, the cost-of-living crisis facing the UK economy at present, and rising levels of unemployment. These numbers all cover the period prior to the invasion of Iran by President Trump so we can expect to see a further softening in the housing market when the anticipated higher costs from rising fuel prices start to filter through into the wider economy.”
Alexander continued: “There are also signs that some buyers may be priced out of the city centre market and are escaping to the surrounding areas. The substantial rises in areas such as Inverclyde is unexpected as it is the cheapest place to buy in Scotland and these figures show an increase of 11.3% in a year which is very high.”
“The areas around Glasgow have performed well with increases around the £10,000 mark highlighting greater demand while rural areas have again performed well with Moray and the Borders doing particularly well. This may well reflect the increasing number of people who predominately work from home so can take advantage of living further from cities.”
He added: “It is important to remember that house prices rarely rise continuously. There is always something of a rollercoaster effect and I have no doubt that this softening in the market will be followed by further growth in the near future.”
Average house price increases between 3/25 and 2/26 from largest price gain to smallest:
Location 3/25 2/26 Difference
Inverclyde £101,518 £112,940 £11,422
East Dunbartonshire £253,906 £264,786 £10,880
Moray £191,737 £202,040 £10,303
Renfrewshire £149,336 £159,474 £10,138
South Ayrshire £154,100 £163,827 £9,727
Borders £177,417 £186,724 £9,307
North Ayrshire £123,710 £132,515 £8,805
West Dunbartonshire £118,302 £126,696 £8,394
South Lanarkshire £170,582 £176,783 £6,289
Edinburgh £289,386 £294,990 £5,604
Argyll and Bute £171,105 £176,554 £5,449
Angus £163,751 £168,874 £5,123
East Ayrshire £123,527 £128,599 £5,072
Fife £168,358 £173,227 £4,869
North Lanarkshire £146,148 £150,896 £4,748
Falkirk £163,616 £168,359 £4,743
Clackmannanshire £159,913 £164,542 £4,629
East Renfrewshire £283,687 £287,760 £4,073
Aberdeenshire £194,457 £198,130 £3,673
Scotland £183,152 £186,684 £3,532
West Lothian £215,321 £212,551 £2,770
Glasgow £181,966 £184,611 £2,645
Dumfries and Galloway £160,874 £162,643 £1,769
Perth and Kinross £215,913 £216,783 £1,201
Dundee £133,808 £133,932 £124
Midlothian £272,221 £272,025 -£196
Stirling £221,921 £221,577 -£344
Highland £209,862 £207,818 -£2,044
East Lothian £280,299 £277,947 -£2,352
Aberdeen £136,003 £128,485 -£7,517
England and Wales £286,462 £284,720 -£1,742
