2026 Market Outlook
The Kelvin Valley 2026 Property Market Outlook
Placing the 2025 property market into one sentence, it could be described as “Steady Recovery and Rising Momentum”.
The year began with a cautious mood, following the economic and political uncertainty of previous years. Higher interest rates at the start of the year meant mortgages remained relatively expensive compared to many recent years, which kept many buyers and sellers taking a “wait and see” approach.
This caution led to fewer transactions in the first half of 2025 than would typically be expected, particularly in traditionally busy months like April and May. Here at Kelvin Valley, we sold 68% of the properties listed locally, achieving a combined total of just over £1.5m above home report value for our clients throughout the year. What was interesting however, was the drop in the total number of properties sold in G65 which was down to 146 in 2025 from the 164 in 2024, further evidencing the fact that less people moved in the first half of the year.
Once again in 2025, the sellers who sold with Kelvin Valley achieved considerably higher results than those who used other agents or sold privately, with our sales results outperforming the wider market by a considerable margin.
While the sales took time to gather momentum, the rental market continued its rapid growth due to high levels of demand combined with reduced supply. Rents finished the year on average 9.8% higher than at the start of 2025, with our Lettings Team renting 79 of the 98 properties that came up for let.
This trend is consistent with what we often see: when fewer people buy and sell, more turn to renting, driving rental demand and prices higher. Limited rental stock locally also contributed to this upward pressure. Kelvin Valley’s lettings team rented an impressive 81% of available properties, with the average time to let a property just under a week.
As the summer holidays concluded, the market picked up considerably. September and October were particularly strong months for our team, with high numbers of buyers returning to the market. Closing dates increased, and sellers benefited from multiple high offers, especially on family homes. Lower interest rates during this period, combined with pent-up demand from the previous years, created excellent opportunities for both buyers and sellers.
Supply and demand continue to be the key drivers of the local property market. There remains a shortage of high-quality homes for sale in many local postcode areas, which ensures that properties continue to sell quickly and at strong prices. National housing reports indicate that Scotland still faces a shortfall of roughly 100,000 homes, meaning that demand is likely to continue exceeding supply for the foreseeable future.
At Kelvin Valley, despite a cautious start to 2025, more than 2/3rds of properties we sold exceeded the home report value. We had two standout sales at £66,000 and £70,000 over the home report, both in the 2nd half of the year as competition for quality family homes hotted up. Our proactive marketing and high levels of buyer interest continued to ensure that Kelvin Valley clients got the best results in the local area.
Looking ahead to 2026, the local property market is set to remain active. Experts are predicting moderate growth of 2-4% in property prices, though our experience suggests the market may outperform these forecasts. Lower interest rates, improving buyer confidence, and continued supply constraints are expected to fuel demand throughout the year.
Interest rates are projected to continue falling in 2026, potentially bringing the base rate down to 3.25% or even lower by the end of the year. Cheaper mortgages are likely to encourage more buyers back into the market, further driving sales and supporting price growth.
Kelvin Valley Predictions for 2026:
Property prices are expected to rise by 3 - 4%
Rents likely to increase in the range of 5 - 6%
The number of property transactions will surpass 2025 levels
Interest rates will continue dropping, making mortgages more affordable
We hope you find this market summary from 2025 and our outlook for 2026 helpful. At Kelvin Valley, we are committed to keeping our clients informed and supported with the most accurate, up-to-date property information.
Whether buying, selling, or renting, our team is ready to provide expert guidance and help you achieve the best possible results. Feel to get in touch anytime, even if it is just for an initial chat about the local market or you are looking for some more information!
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