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The number of residential properties sold in Scotland has been growing steadily with sales up 22.4% in the first quarter of this year compared to the same period in 2013.

According to new figures from Registers of Scotland (the public body responsible for compiling and maintaining registers relating to land and property) this is the fourth consecutive quarter that volumes have increased in excess of 22% on the previous year. This clearly demonstrates growth in the Scottish property market.

The average price of a Scottish property is now £162,122 - and more than 24,350 properties changed hands between April and June this year.

Director of Commercial Services for RoS Kenny Crawford said to the Scottish Media yesterday that "all local authorities showed an increase in sale volumes with the exception of Aberdeen, which decreased by 2.1%.

"It's also the first time in almost four years that we've seen the average house price rise by more than 5%, bringing the average residential property price to £162,122."

Edinburgh remains the highest value market, with total sales of just under £670 million for the first quarter - an increase of 39.4%.

Take advantage of market growth with Blair Cadell, your local property experts. We regularly exceed home report value when selling, we have a database of active buyers and we offer a fixed fee service with no hidden charges. Blair Cadell are a long established Edinburgh Solicitors Firm and you will deal with the same professional people every time you call.

 

Why not take a look at the Properties For Sale section of our website.

(image: FlickrCC)