Market update from our Glasgow and Argyll branches – October 2025
We look at what is happening in the property market locally and nationally with updates from our branches in Shawlands, Cardonald and Dunoon.
September 2025
Before we look at this month, we can look back on the stats for September. As you can see from the above snapshot of our performance figures, we agreed 52 new sales for our owners (compared to 29 in August 2025) and brought 38 new client’s properties to the market (41 August 2025).
In total, we visited 74 homes to carry out market appraisals and valuations for homeowners during September.
Buyer activity and demand remained steady with almost identical figures, 572 new buyers (571 August 2025) registering for our ‘Heads Up’ property alerts and 609 viewings (602 August 2025) carried out.
Tenant demand dropped with 320 new tenants registering with us in September (689 August 2025).
October 2025
Craig Smith from the Shawlands branch in Glasgow reported “After an extremely busy September in which we sold 52 properties, 43 of them being in Glasgow, October has seen the market, somewhat unexpectedly, tail off. Traditionally, after the school holidays are over, we see an Autumn bounce throughout October and well into November.
As of today’s date (28th October) we have sold 33 properties during the month, still a decent return but a significant drop from September. Stock levels continue to be the main issue as the majority of properties coming to the market continue to sell quickly, typically within 14 days. These properties are not being replaced with new properties at the same speed, which at times, leaves little available for active buyers.
This supply and demand imbalance has been the case all year and resulted in values continuing to increase, particularly in hotspots such as the southside of Glasgow.
However, there are some early signs of perhaps some buyers are taking a step back at the moment. This could be borne out of frustration of the current market conditions, if they have lost out on several properties, or purely just waiting to see what comes of the upcoming budget and latest interest rate announcement due on 6th November.
The rental market has also been somewhat quieter this month. Driving this again is a lack of available properties for tenants. At times during the month we were at virtually 100% occupancy across our managed portfolio with little available to offer our registered tenants.
The most important thing for tenants looking just now is to react instantly if they see a property that is of interest.”
Property of the month for October is 21 Keir Street in Pollokshields, Glasgow. We were lucky enough to market and sell this property to the current owner back in 2013 and we were delighted they got in touch with us to market it again 12 years later!
This 2 bedroom blonde sandstone tenement is full of charm and traditional features (check out all the fireplaces!). With a dining kitchen and modern bathroom, it is sure to tick a lot of boxes for buyers looking in the southside of Glasgow.
You can view the full details here and get in touch with any questions or to book a viewing - 21 Keir Street, Pollokshields.
Sale of the month is 10 Muirskeith Road, Merrylee. This was another property we were marketing for the 2nd time, after selling it to the current owners back in 2015.
We arranged 17 viewings in just 9 days, resulting in a quick closing date and an exceptional sale of almost 20% over the home report value.
Rightmove House Price Index
We take a look at what is happening nationally with the Rightmove House Price Index for October 2025. Here are the keys takeaways and headlines from the report:-
Market remains resilient, but not strong enough to drive usual Autumn bounce
- The average price of property coming to the market for sale rises by 0.3% (+£1,165) this month to £371,422. This is below the ten-year average October bounce of +1.1%, as the decade-high level of property for sale limits seller pricing power
- The month of September saw a softening of activity year-on-year compared with a strong September 2024, which was boosted by the first Bank Rate cut for four years. In addition, some movers started to take action to avoid April 2025’s stamp duty increase. However, the 2025 market remains resilient, though somewhat cautious, when looking at the year to date
- The number of new buyers contacting estate agents about homes for sale, and the number of new sellers coming to market in the full month of September were both down by 5% compared to a year ago
- However, looking at 2025 year to date, new buyer demand is up by 2% compared to the same period in 2024, while the number of new sellers coming to market is up by 5%
- The number of sales being agreed in the year to date is also up by 5% compared to the same period in 2024
- The annual price dip continues, with falls in London and the south of England dragging down the overall national average to -0.1%. However, Scotland, Wales and the rest of England have all seen annual asking price rises of at least 1%
- Southern England is being particularly affected by a combination of increased stamp duty, high buyer choice, reduced appeal to some international buyers, and some ongoing jitters about the forthcoming Budget
- In Scotland, average new seller asking prices increased by 0.7% this month to £200,457. Year on year asking prices are currently 1.3% higher than October 2024. Average time to find a buyer remains at 33 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.
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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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