Scottish £1m market concentrates in Edinburgh and the East | 2017 Review hero image

Scottish £1m market concentrates in Edinburgh and the East | 2017 Review

spring 2018
PUBLISHED: 08 MAR 2018

There have been some significant shifts in the £1m plus market in Scotland in recent times. We have observed a concentration of such sales in Edinburgh and surrounding areas and new build sales are playing a much bigger role in this market, partly due to the lack of available stock elsewhere.

The performance of this market is important in a Scottish context, even though it only accounts for 0.2% of all Scottish house sales, it contributes around 7% of LBTT revenues.

We are delighted to release our annual £1m+ market review, courtesy of the Rettie & Co. research team, Scotland’s largest dedicated property research team.

Click here to download pdf.

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