Galashiels

When it comes to selling a property, it’s easy to assume the process always takes a long time. However, our research shows that this isn’t necessarily true, and many homes can fly off the market in a matter of days. Since the start of the year, looking at our property sales data, we've identified no fewer than 24 properties that sold within the space of just four days, with a pair of homes being snapped up in one day!

In this striking illustration of just how dynamic the Scottish property can be, we will give some interesting insights into the types of properties, pricing strategies, and buyer behaviours that are fuelling these rapid transactions.

Where were the fastest selling properties?

Among the 24 properties, Edinburgh led the way with eight lightning-fast sales, followed closely by the Borders and East Lothian, each recording six, and Midlothian with four. These figures show that while the capital remains a hub of market activity, demand for homes in surrounding areas remains strong, particularly for buyers looking for space, lifestyle change or better affordability.

Interestingly, the charming market town of Galashiels was responsible for the two fastest property sales transactions. Each of the homes, located on adjacent streets less than 200m apart, were one-bedroom flats sold for £35,000 and £70,500 respectively.

The quick turnover in traditionally less urbanised areas like the Borders and East Lothian is particularly telling. It may reflect an ongoing shift in buyer priorities, with many continuing to seek out properties that offer a blend of rural appeal and good transport links.

What type of homes sold fast?

The homes that sold within this ultra-fast timeframe were fairly evenly split between flats and houses, with 12 flats and 11 houses making the list. One retirement home was also included, highlighting that demand for speedy sales spans a wide range of buyer profiles.

The strong showing from flats - particularly in urban locations like Edinburgh - is consistent with a broader return to city living post-pandemic, as lifestyle habits shift back towards offices, cultural activities and amenities. Meanwhile, houses continue to attract families and professionals seeking extra space and gardens, particularly in East Lothian and Midlothian.

What pricing strategies were used in speed property sales?

Interestingly, the majority of these properties (17 out of 24) were marketed at “Offers Over,” suggesting that this pricing strategy is still highly effective at driving competition and accelerating sales. Guide Price was used for four of the properties, with Fixed Price and In The Region Of used for the remainder.

The “Offers Over” method continues to be favoured in high-demand areas, particularly when sellers are confident their property will attract multiple interested parties - a strategy that appears to have paid off for most of the homes on this list.

Strong returns for sellers

The average sale price among the 24 properties was £218,025, with individual prices ranging from as low as £35,000 to as high as £415,000. More significantly, the average percentage of Home Report valuation achieved was 103.70%, with one standout property achieving 111% of its valuation.

This data underlines that not only are these homes selling quickly, but they are also achieving - and in many cases exceeding - their expected value. It reflects a highly competitive market where well-presented and realistically priced homes are snapped up almost immediately.

What buyers and sellers can learn

For sellers, the key takeaway is clear: pricing strategically and marketing effectively can lead to remarkably fast results, even in a varied economic climate. For buyers, this data is a reminder of the importance of being well-prepared - including having mortgage arrangements in place and being ready to act decisively.

These fastest home sales offer a compelling snapshot of how active, competitive and nuanced Scotland’s property market continues to be. Whether in the heart of Edinburgh or the quieter villages of the Borders, when a home ticks the right boxes, it won’t stay on the market for long.