Market update from our Glasgow and Argyll branches – December 2025
We review 2025 and look forward to the New Year. Read what is happening in the property market locally and nationally with updates from our branches in Shawlands, Cardonald and Dunoon.

November 2025
Before we review our year in property and some predictions for 2026, we can look back on the stats for November. As you can see from the above snapshot of our performance figures, we agreed 18 new sales for our owners (compared to 39 in October 2025) and brought 22 new client’s properties to the market (33 - October 2025).
In total, we visited 60 homes to carry out market appraisals and valuations for homeowners during November.
Buyer activity and demand dropped with 244 new buyers (460 - October 2025) registering for our ‘Heads Up’ property alerts and 180 viewings (465 – October 2025) carried out.
Tenant demand also dropped further with 135 new tenants registering with us in November (229 - October 2025).
2025 Review and Outlook for 2026

Argyll
Walter MacLean from our Argyll branch in Dunoon branch comments “We’re delighted to share that 2025 has been another outstanding year for our Argyll Branch in Dunoon. Building on last years success, we have once again increased the number of property sales, reflecting both the strength of the local market and the trust our clients place in us.
From charming coastal homes to countryside retreats, our team are proud to match buyers with properties that truly capture the spirit of Argyll. Here’s to continuing this upward trend and welcoming even more happy homeowners in 2026!
With the recent reduction in Bank of England interest rates, we foresee a renewed surge in property activity across Argyll. Lower borrowing costs are expected to encourage more buyers to take the step into homeownership, while sellers will benefit from increased demand and market movement.
Our team is excited to build on the success of 2025, continuing to connect people with homes that capture the beauty and lifestyle of Dunoon and the wider Cowal Peninsula. We look forward to welcoming even more clients in 2026 as the local market thrives.”
Glasgow
Gregor Cope from the Shawlands branch comments “As we reflect on 2025, the overriding feeling is that it has been a very positive year for the residential sales market with sales values continuing to rise. This is great for owners but challenging for buyers.
Interest rates have generally stabilised and fallen over the second half of the year providing confidence for buyers with more attractive mortgage rates. More recently, the sales market has been quieter than expected due to the anticipated festive period drop-off, but the impact of speculation by the Chancellor of income tax rises in the budget meant that November was slower than normal.
Looking forward to 2026, we expect the sales market to be positive with relatively low interest rates giving buyers confidence. However, we wait to see what the Scottish Government announce in their budget on 13 January 2026 and we will assess what impact that will have on the market in our January update.
In the early part of 2025, the rental market was particularly strong with high demand for good rental properties and landlords able to achieve high monthly rent levels. In the later part of the year, we have seen a slower market, as tenant enquiries and demand dropped. This could be due to the higher cost of living, the impact of the recent budget or simply that the market has peaked.
Notwithstanding, we anticipate a strong rental market in 2026 with high demand within the private rented sector. This is primarily due to less rental stock being available as existing landlords continue to leave the sector as increased legislation and costs impact. In 2017, the private rented sector accounted for 15% of the housing stock in Scotland. This reduced to 13% in 2022 and is expected to reduce further. Unfortunately, we anticipate it will be tenants that will feel the impact with rising rental values achievable due to demand over supply.”
Rightmove House Price Index
We take a look at what is happening nationally with the Rightmove House Price Index for December 2025. Here are the keys takeaways and headlines from the report:-
Bigger Boxing Day bounce expected, as prices to rise 2% in 2026
- Average new seller asking prices fall by 1.8% (-£6,695) this month to £358,138. This larger than usual December drop means that prices are 0.6% (-£2,059) lower at the end of 2025 than in 2024
- Bigger than usual Rightmove Boxing Day Bounce expected, as those who paused due to Budget uncertainty to join the post-Christmas boost in home-moving activity
- Very early signs of post-Budget rebound, with number of top-end London sellers up by 24% week-on-week
- The uncertainty and gloom caused by rumours of property tax rises in November’s Budget from as early as August contributed to more subdued activity and pricing in the second half of the year
- The number of new sellers coming to market in the first half of 2025 was 9% ahead of the first half of 2024, which reversed to 4% below 2024 across the second half of this year
- Buyer demand was 3% ahead of 2024 across the first half of the year, but 6% behind in the second half
- It’s still been a more positive year overall for sales, with the number of sales agreed 3% higher than in 2024
- Improved buyer affordability and plenty of choice for buyers suggests a market more like the encouraging first half of this year rather than the second half in 2026, with Rightmove predicting that new seller asking prices will rise by 2%
- The average two-year fixed rate is now 4.33% compared to 5.08% last year. With house prices now cheaper than a year ago, rising average wages and a relaxing of lending criteria, we predict an activity rebound to kick start 2026
- In Scotland, average new seller asking prices dropped by 3.2% this month to £187,900. Year on year asking prices are currently 1.3% higher than December 2025. Average time to find a buyer is 37 days.
As always, if you have any questions relating to the property market or would like to discuss the current valuation of your home, please feel free to get in touch with your local Scottish Property Centre branch.
Looking to move in 2026? Get ahead and register for our ‘Heads Up Property Alerts’
Scottish Property Centre have branches in Dunoon, Cardonald and Shawlands covering the Argyll and Glasgow property markets. We have local experts serving local people.
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