Market update from our Glasgow and Argyll branches – June 2026
We look at what is happening in the property market locally and nationally with updates from our branches in Shawlands, Cardonald and Dunoon.
May 2026
Before we look at this month, we can now look back on the stats for the month of May. As you can see from the above snapshot of our performance figures, we agreed 30 new sales for our owners (compared to 31 in April 2026) and brought 29 new client’s properties to the market (37 – April 2026). We also visited 62 homes to carry out market appraisals and valuations for homeowners (82 – April 2026).
Despite agreeing sales on an almost identical amount of properties to the previous month, buyer activity dropped significantly in May with 277 new buyers (522 – April 2026) registering for our ‘Heads Up’ property alerts and 407 viewings (600 – April 2026) carried out.
Tenant demand was steady during the month with 209 new tenants registering with us in May (144 – April 2026).
June 2026
Craig Smith from the Shawlands branch in Glasgow commented “The most noticeable change in the current market is the drop in new buyers registering as highlighted by our May figures above. June is following a similar pattern with 314 registered to date. This is a drop of around 200 - 300 buyers per month compared to the figures for February – April this year.
A lot of this can be credited to the distraction of the World Cup, though now Scotland’s early exit has sadly been confirmed we might see a bit more activity.
Despite this apparent drop in buyer demand, our number of properties sold per month has remained consistent and June is actually shaping up to be our best month of the year to date. This demonstrates that although buyer numbers are down overall, the serious buyers remain and there is still competition, and great prices being achieved, for correctly priced properties, especially in hotspots such as the southside of Glasgow.
The first week of marketing a property is extremely important at the moment. Gaining as much exposure as possible with a pre-launch across social media, along with database marketing, can really build momentum before going live on the nationwide portals, such as Rightmove, On the Market and Zoopla. Due to the drop in buyer numbers over the past couple of months, the leads from these websites now dramatically drop off after just the first 2-3 days. If your property is not priced correctly, you may miss the initial burst of enquiries completely.”
Property of the Month
The property of the month for June is 463 Kilmarnock Road. A traditional blonde sandstone semi-detached villa located in the highly sought after Newlands area. This wonderful family home has five main apartments and benefits include a wealth of period features, driveway and enclosed rear garden.
On the market at offers over £475,000 we’ve already seen strong interest from the first night of viewings.
Sale of the Month
Sale of the month is Baillie Drive in East Kilbride. This 2 bedroom ground floor flat attracted 18 viewers in the first week of marketing and sold for in excess of 10% over the home report value at the closing date!
Rightmove House Price Index
We take a look at what is happening nationally with the Rightmove House Price Index for June 2026. Here are the keys takeaways and headlines from the report:-
Larger than usual June price drop as sellers look to entice summer buyers
- Average price of property coming to market falls by 0.6% (-£2,113) this month to £376,191, the biggest June fall in fourteen years, as sellers look to entice summer buyers, leaving prices 0.5% below a year ago
- Summer is typically slower than the spring, with more buyers distracted by sporting events, holidays and better weather
- The number of homes for sale remains at historically high levels for this time of year, driving price falls as competition to attract a buyer remains fierce among sellers
- May’s unusual heatwave kick-started summer earlier than usual this year, while the World Cup may prove to be a distraction for home-movers. Meanwhile, ongoing economic challenges and global uncertainty remain
- Buyer demand across the month of May is down by 10%, however our real-time data indicates that this was amplified by the unusual heatwave during the half-term week, which temporarily reduced some mover activity levels
- The number of newly listed homes coming to market is down 5% compared with this time last year, but is 6% up on 2024 and 12% up on 2023
- Despite headwinds, sales activity remains steady overall, with sales agreed down 6% year-on-year but broadly in line with recent years - virtually level with 2024 and around 5% above 2023
- Mortgage affordability has improved slightly this month, as Rightmove’s daily mortgage tracker shows that the average two-year fixed rate has dropped to 5.07% from 5.18% last month
- In Scotland, average new seller asking prices increased by 0.8% this month to £207,011. Year on year asking prices are currently 3.3% higher than June 2025. Average time to find a buyer remains at 31 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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