Irvine Property Update

🏡Irvine Property Market Update – January 2026

A Review of 2025 | Postcodes KA11 & KA12

How did the Irvine property market perform during 2025 overall? From Covid to Brexit to Mortgage Rate reset, the UK property market has gone through turmoil in the preceding 4 years. What we saw in Irvine during 2025 was a more stable and balanced market.

📊 Sales Market Overview – 2025 in Review

Available Stock
Across KA11 and KA12, stock levels were higher in every month compared to each month in 2024. This shows confident sellers and slightly more choice for buyers

Early 2025 began with relatively constrained stock
Low in January at 128 units, high of 171 available units in September.
December closed with 133 homes available for sale, up slightly from Dec’24 at 123 and down from Nov’25’s figure of 145.

➡️ What this tells us:
2025 offered buyers more opportunity than recent years, while sellers demonstrated confidence in an improving market.

New Instructions
Broadly speaking, 2025 seen month on month increases in new instructions across the year. The exception being Oct and Nov, where they were pretty much the same as 2024 figures.

Lowest in January at 42 with a peak in September of 70.
December instructions were higher than December 2024, and held steady with the last quarter of the year. This figure was boosted when Persimmon Homes made a number of new- build plots available to the market.
December closed with 57 units instructed for sale, up from 30 in Dec’24 and the same as Nov’25.

➡️ What this tells us:
Seller confidence softened later in the year, potentially constrained with the growing rhumors of a base rate cut, that eventually came true.

Sales Agreed

Despite affordability pressures, buyer demand remained remarkably resilient throughout 2025.

Sales agreed through 2025 consistently outperformed 2024 levels
Lowest level recorded in December at 23 units, high of 63 recorded in both May and October.
Late-year figures in KA11 and KA12 were ahead of the previous year
Sales agreed closed at 23 in Dec’25, down from 37 in Dec’24 and down from 50 in Nov’25.

➡️ What this tells us:
Demand never disappeared — buyers simply became more selective and value-driven.

Days on Market

This was the clearest structural change during 2025.

Average selling times increased steadily year-on-year
Quickest time to find a buyer was 58 days recorded in March and April, longest time was October at 90 days.
Average days on the market closed at 82 in Dec’25, up from 64 in Dec’24 and up slightly from 79 in Nov’25.

➡️ What this tells us:
Pricing accuracy and presentation became critical. Well-positioned homes sold; overpriced ones stalled.

🏘️ Rental Market – 2025 Summary

The rental sector across Irvine remained consistently strong throughout 2025:

Demand outstripped supply across KA11 & KA12
Family homes and modern flats were routinely let within days
Average rents continued to edge upward, particularly for well-located homes

➡️ Landlord Insight:
With temporary rent caps lifted earlier in the year, market rents gradually reset. Void periods remained minimal, and rental yields stayed competitive.

💷 Mortgage & Economic Context (Updated)

• Mortgage rates stabilised through much of 2025 following the volatility of previous years.
• By late 2025, typical fixed rates were sitting around:
– 2-year fixes: ~5.0–5.2%
– 5-year fixes: ~4.5–4.8%
• In December 2025, the Bank of England implemented a base rate cut, marking the first downward move after a prolonged period of higher interest rates.

➡️ What this means:
While the immediate impact on mortgage pricing has been modest so far, the cut has shifted sentiment. Buyers are increasingly confident that rates have peaked, and this is likely to translate into improved activity levels through Q1 and Q2 of 2026.

Affordability will still cap how far prices can rise, but the psychological impact of a rate cut should not be underestimated — confidence tends to return before pricing does. If further reductions follow in 2026, competition for well-priced homes is expected to increase.

Is it time for a mortgage affordability check? Call your expert for an update or we can put you in touch with a local expert.

🔮 Outlook for 2026

2025 laid the groundwork for a more sustainable Irvine market, characterised by:

Balanced conditions
Realistic pricing
More deliberate, considered decision-making

A key development toward the end of the year was the Bank of England’s base rate cut in December 2025. While this has not yet translated into sharply lower mortgage rates, it has shifted sentiment. Buyers are increasingly confident that rates have peaked, which historically leads to improved activity before any meaningful change in pricing.

Looking ahead to 2026:

Sellers launching early in the year may benefit from pent-up demand, particularly from buyers who paused decisions during 2024–25.
Buyers will enjoy reasonable choice, but are likely to face renewed competition if further rate reductions materialise.
Landlords remain well positioned, as affordability pressures continue to keep many households in the rental sector for longer.

Overall, Irvine enters 2026 as a steady and resilient market. Confidence is gradually returning, and while affordability will continue to cap price growth, conditions are improving for homeowners, investors, and tenants who approach the market with realistic expectations.

📍 Thinking of Selling, Letting or Investing in KA11 or KA12?
If you’d like a data-led valuation or tailored advice, I’m always happy to help.

🏡 Irvine Property Market Update – December 2025

Reflecting November 2025 activity | Postcodes KA11 & KA12

As we head into the final month of the year, the Irvine market is showing a classic late-autumn pattern: stock levels holding steady, instructions easing off, sales agreed remaining consistent, and days on market rising as transactions naturally slow before Christmas.
Most new listings now will complete in early 2026, but motivated buyers and sellers are still active and deals are still being agreed.

📊 Sales Market Overview (November 2025 data)

(KA11 + KA12 combined – figures obtained from Rightmove)

Available Stock: 145 homes (↓ from 158 in October 2025; ↑ from 135 in November 2024)
Stock levels have dipped month-on-month but are sitting slightly higher than where they were this time last year. For buyers, supply remains stable; for sellers, competition is moderate but not excessive.

New Instructions: 57 properties (↑ from 56 in October 2025; ↓ from 58 in November 2024)
New stock coming to the market has held pretty steady based month on month and year on year — typical for November, as most sellers now delay launch until January/February. This reduction supports pricing for existing listings.

Sales Agreed: 50 properties (↓ from 63 in October 2025; ↑ from 35 in November 2024)
Sales agreed have softened slightly since October but remain significantly stronger than last year. This is a clear indicator that buyer interest is still healthy despite seasonal slowdown.

Days on Market: ~79 days (↓ from 90 in October 2025; ↑ from 62 in November 2024)

A small improvement versus last month but still higher than last year, reflecting more cautious decision-making and affordability pressures — though realistically priced homes continue to move well.

➡️ Insight: Overall the Irvine property market is a good place for buyers and sellers alike. When comparing month to month and year on year,November shows a balanced market:

Fewer new listings = less competition for sellers
Steady sales agreed = buyers still motivated
Small improvement in time to sell = market is not stalling
Year-on-year strength = underlying demand remains healthy

January and February are expected to bring the next surge of activity.

💷 Property Prices & Mortgage Rates

Local Pricing (unchanged YoY)

KA11: ~£172,000
KA12: ~£135,000

Average prices don’t necessarily offer a great view of the market or sale price. The home report in Scotland is a strong factor in determining the initial value and setting the marketing price. The location, size, type and condition of the property determine the offer. Some properties will sell above the home report and some will get offers under.

Mortgage Rates (Nov 2025)

2-year fixed: ~4.9%–5.1%
5-year fixed: ~4.4%–4.8%

Market sentiment is increasingly influenced by expectations of a Bank of England base rate cut in early 2026, but lenders remain cautious. Borrowers with stronger credit or lower LTV continue to access preferential deals.

🏘️ Rental Market Overview

Demand: Right across the board demand for rental properties remains high. Rental prices for 2-3 bedroom homes are reaching new highs, with tenants eager to secure them and ready to pay deposits. Extras like gardens, driveways and additional bathrooms continue to outperform most other stock available.

Supply: Very limited. Many properties let within days, often with multiple applicants.

Typical Rent Levels (local + national indicators):

Irvine average: ~£579/month
Scotland new-let average: ~£1,030 (↑ 4–6% YoY depending on region)
Glasgow & surrounding areas continue to lead rent growth.

Legislative context:

Rent cap fully ended March 2025
Permanent rent regulation framework expected in 2026 under the Housing (Scotland) Bill
Existing tenancies still subject to transitional rules
➡️ Landlord advice: Review rents annually but ensure compliance with notice periods and legislation — especially for mid-tenancy increases.

🔮 Outlook for Early 2026

The Irvine market typically re-energises from mid-January onwards. Expect:

A jump in new listings
Strong early-year buyer interest
Continued competition for good rental homes
Mortgage market movements depending on BoE direction

Sellers launching in January/February often capture the strongest audience of the year.

📍 Thinking of Selling, Letting or Investing in Irvine (KA11 or KA12)?

If any of this resonates and you want tailored advice for your next move, I’d be delighted to help.

Irvine Property Market Update – November 2025

🏡 Irvine Property Market Update – November 2025

Reflecting October 2025 activity | Postcodes KA11 & KA12

As we move deeper into autumn, the Irvine market is showing signs of resilience and adjustment. With the majority of sales now targeting completion in 2026, the focus is turning to well-timed listing, realistic pricing and strong presentation.

📊 Sales Market Overview (October 2025 data)

Available Stock: 158 homes (↓ from 171 in September 2025; ↑ from 134 in October 2024) Oct ‘25’s figures sit nicely between a drop from September ’25 and a year on year rise. For buyers more stock = more choice and for sellers less stock usually = a higher asking price.
New Instructions: 56 properties (↓ from 70 in September 2025; ↓ slightly from 60 in October 2024) This is a better sign for sellers than buyers as it usually means less competition.
Sales Agreed: 63 (↑ from 62 in September 2025; ↑ from 55 in October 2024) another good sign for sellers as more stock comes off the market along with less stock arriving. A trickier market for buyers and this should lead to higher asking prices.
Days on Market: 90 days (↑ from 80 in September 2025; ↑ from 59 in October 2024) a surprising stat when considering the previous stats, overall time on the market seems to be increasing overall.

➡️ Insight: Stock levels are comfortably up year-on-year, offering buyers greater choice. New instructions, however, have pulled back—likely reflecting sellers timing their launch for spring 2026. Sales agreed have nudged upward, showing that demand is present. The notable rise in Days on Market suggests buyers are being more deliberate, and sellers need to ensure competitiveness to maintain momentum.

💷 Property Prices & Mortgage-Rates

National context:

The average house price in Scotland rose by approximately 4.0% to £194,000 in the 12 months to August 2025.
Rental inflation across Scotland remains moderate: average new-let rents rose around 3.1%–6% in recent quarters.

Local indicators:

In the KA11 area, average sale prices remain around ~£172,000 (year-on-year steady).
In the KA12 area, average prices remain around ~£135,000 (year-on-year steady).
Mortgage fix rates (Oct 2025):
- 2-year fixes: ~5.0%–5.2%
- 5-year fixes: ~4.5%–4.8%
  ➤ Buyers remain active but cost-sensitive; sellers must ensure pricing aligns with what the market will support.

🏘️ Rental Market Overview

Tenant demand remains strong, particularly for 2-3 bed family homes with gardens, parking and convenience to schools/amenities.
Scottish average rents: new-let average around ~£1,001/month in March 2025 (↑ ~5.7% YoY). Office for National Statistics+1
In Greater Glasgow, average rents reached ~£1,231 in May 2025 (↑ ~4.1% YoY). regentproperty.com+1
➡️ Landlord Insight: With existing tenancies now free of the temporary rent cap, rental levels remain well supported by demand. However, supply of quality stock remains constrained and well-positioned homes continue to command premium returns.

🔮 Outlook for Winter/2026

The Irvine market remains balanced but increasingly competitive.

For sellers: Launching now still provides a chance of year-end completion, but timelines are tightening. Competitive pricing and preparation are key.
For buyers: More stock and choice offer negotiating room — however affordability remains a constraint for many.
For landlords: Strong letting demand continues; now is a good time to review rent levels and investment strategy ahead of legislation changes.

📍 Thinking of Selling, Letting or Investing in KA11 or KA12?
If any of this resonates and you’d like expert, localised advice — you know where to find us.

Irvine Property Market Update – October 2025

Reflecting September 2025 activity | KA11 & KA12

As October begins, we move past the point where the average time for a property sale will complete beyond 2025, in other words anything coming to the market now will more than likely complete in 2026. There is still time if you are quick though. Are you thinking about a fresh start in the Spring? Is now the time to list?

📊 Sales Market Overview (September 2025 data)

Available Stock: 171 (↑ from 165 in August, and ↑ from 124 last September).
New Instructions: 70 (↑ from 63 in August, and ↑ from 43 last September).
Sales Agreed: 62 (↑ from 54 in August, and ↑ from 37 last September).
Days on Market: 80 (↑ from 75 in August, and ↑ from 54 last September).

➡️ Insight: September showed positive signs for both buyers and sellers. Available stock, new instructions and days on the market increasing suiting buyers, while sales agreed showing significant movement being great for sellers. Overall a very balanced market

💷 Property Prices & Mortgage Rates

Average Prices:
- KA11: ~£172,000 (steady YoY, dominated by houses and lower density stock).
- KA12: ~£135,000 (steady YoY, with higher density and more flats).
Mortgage Rates (Sept 2025):
- 2-year fixed: ~5.0–5.2%
- 5-year fixed: ~4.5–4.8%
  ➡️ Note: Market sentiment is being shaped by whispers of a possible Bank of England rate cut. For now, affordability pressures remain, but activity is clearly stronger than this time last year.

🏘️ Rental Market Overview

Demand: High, especially for 2–3 bed family homes with parking and gardens.
Rents: Average around £579/month across Irvine.
Stock: Limited, with well-presented rentals still letting in days.
➡️ Insight: Landlords remain in a strong position. If you haven’t reviewed your rental prices in the last few years, now is the time to do so — but be aware of rules governing increases for existing tenancies. Speak to us if you want professional advice.

🏡 Irvine Property Market Update – September 2025

We find ourselves in September, traditionally seen as the time of year to get your property listed if you want to complete before the end of the year. Wait much longer on this and you will miss the boat.

📊 Sales Market Overview (August 2025 data)

Available Stock: 165 (↑ from 161 in July 2025, and ↑ from 161 last August).
New Instructions: 63 (↓ from 67 in July, but ↑ from 43 last August).
Sales Agreed: 54 (↓ from 60 in July, but ↑ from 45 last August).
Days on Market: 75 (↑ from 73 in July, and ↑ from 62 last August).

➡️ Insight: August saw a small slowdown compared to July, with fewer sales agreed and longer selling times. But year-on-year, the market is stronger with more instructions and sales than in 2024, showing resilience despite slower decision-making from buyers.

💷 Property Prices & Mortgage Rates

Average Prices:
- KA11: ~£172,000 (steady YoY). Lower density areas including outlying villages. More houses and less flats.
- KA12: ~£135,000 (steady YoY). Higher number of flats, higher density and closer to town.
Mortgage Rates (Aug 2025): Hopes and expectations are that the BofE will reduce slightly before the end of the year. More and more people have moved over to the new normal interest rates and the market is slowly adjusting, as we are seeing with uplifts in activity in 2025.
- 2-year fixed: ~5.0–5.2%
- 5-year fixed: ~4.5–4.8%

➡️ Buyers remain active but cautious. Sellers who overprice risk longer selling times and potential price reductions.

🏘️ Rental Market Overview

Demand: High, particularly for 2–3 bed family homes with parking or gardens.
Rents: Averaging £579/month across Irvine.
Stock: Limited, with well-presented homes letting in days.

➡️ Insight: Landlords remain in a strong position. Reviewing rents now ensures you’re keeping pace current market rents. Please also be aware that there are still rules in place with regards increases and that you are getting the correct advice on these matters.

🏡 Irvine Property Market Update – August 2025

(Covering KA11 & KA12 – July 2025)

With the schools being closed for summer the property market usually sees easing on all activity. Irvine’s property market stayed resilient through July, with KA11 remaining the more active sales area and KA12 showing a notable rebound in agreed sales compared to June. Higher available stock in both areas is giving buyers more choice — and sellers more competition.

📈 Sales Market Snapshot – July 2025

KA11 (Girdle Toll, Broomlands, Bourtreehill, Lawthorn)

Sales Agreed: 26 (down slightly from 33 in June)
New Instructions: 33 (up from 29)
Available Stock: 74 (steady on the year)
Days on Market: 72 (holding from June)

KA12 (Irvine Town Centre, Harbourside, Castlepark)

Sales Agreed: 30 (up sharply from 19 in June)
New Instructions: 34 (up from 39 in June)
Available Stock: 87 (highest this year)
Days on Market: 74 (similar to KA11)

➡️ Summary:
As we would expect to see, KA11 cooled slightly from June’s highs but remains steady. KA12 saw a strong July bounce in sales agreed despite rising stock levels. With more properties available, correct pricing and standout marketing remain key.

💷 Pricing & Mortgage Trends

Average sale prices (Rightmove): KA11 ~£172,000 | KA12 ~£135,000
Mortgage rates: ~5.2% (2-year fix) | ~4.6% (5-year fix)
Insight: Demand is solid but buyers remain price-conscious — overpricing risks longer sales times and reductions.

🏘️ Rental Market

Average rents: £573–£579/month (size & location dependent) – this figure is lower than I expected as there isn’t many properties under our control that we would market for less than £500pcm given current demand and availability.
Demand: Two- and three-bedroom homes with outdoor space remain the quickest to let. Parking, private gardens, and private entrances are considered premium features in Irvine’s market — landlords should ensure these attract top market rates.
Stock: Still limited, meaning well-presented rentals can secure tenants within days of listing.
Note: The expiry of the rent cap in March has allowed landlords to adjust rents towards market levels. However, the permitted increases still fall short of full alignment with current rates. Our advice to landlords: review and increase rents where they haven’t been updated in the last few years to avoid falling behind market value.

➡️ Summary:
It remains a landlord’s market in Irvine — with yields healthy and tenant demand strong.

🔭 Outlook

With the summer holidays ending and schools returning this week and next, we’re expecting an increase in activity until the October holiday in the Autumn. While there’s been talk in financial circles of the Bank of England potentially lowering the base rate in the coming months — which could improve affordability — the impact on completions will be delayed.

In the meantime, well-presented, competitively priced homes will continue to attract interest, but sellers should expect the pace of completions to increase until later in the year.

Irvine Property Market Update – June 2025

📰 Irvine Property Market Update – June 2025

Reflecting May 2025 data for KA11 & KA12

As we head into summer, Irvine’s property market is showing strong momentum. Buyer activity has picked up significantly across both KA11 and KA12, with sales agreed reaching their highest monthly levels this year. Stock levels have grown in KA11, offering buyers more choice, while KA12 continues to see consistent demand despite fewer new listings. House prices remain stable, rental demand is strong, and the market is proving resilient as we move through the mid-year point. Whether you’re considering selling, buying, or letting, this update offers a clear view of where things stand locally.

📊 Sales Market Highlights

KA11:

Stock Levels: Increased to 85 properties, the highest this year, providing more options for buyers.
New Instructions: Surged to 51, indicating strong seller confidence.
Sales Agreed: Rose to 33, the strongest monthly performance in over a year.
Average Days on Market: Slightly increased to 70 days, likely due to the influx of new listings.

KA12:

Stock Levels: Decreased slightly to 69, suggesting a tightening market.
New Instructions: Dropped to 18, down from 40 in April, possibly indicating a pause among sellers.
Sales Agreed: Climbed to 30, the highest monthly figure since January 2024.
Average Days on Market: Increased to 64 days, reflecting a more measured pace in buyer commitments.

💷 Price Trends

KA11: The average property price stands at £172,381, with detached homes averaging £253,238, semi-detached at £146,476, terraced at £106,214, and flats at £82,133.
KA12: While specific figures for May 2025 are not readily available, previous reports indicate that the average property price in KA12 was around £133,000 as of January 2025. Given market trends, it’s reasonable to estimate a modest increase, bringing the average to approximately £135,000 by May 2025.

🏘️ Rental Market Overview

North Ayrshire: As of February 2025, the average monthly rent reached £619, marking a 5.6% annual increase from £586 in February 2024.
Irvine (KA12): Recent listings indicate rental prices ranging from £350 to £3,750 per month, with an average of approximately £573 per month.

Tenant demand continues to outstrip supply, leading to low vacancy rates and shorter void periods for landlords.

🏗️ Infrastructure Developments

Ongoing regeneration projects and infrastructure improvements in Irvine are enhancing the town’s appeal. These developments are expected to positively impact property values and attract further investment.

📌 Key Takeaways

The Irvine property market continues to perform well, with KA11 experiencing a surge in both new listings and sales, reflecting a highly dynamic and active market. In KA12, despite a reduction in new instructions, buyer demand remains strong, driving sales to their highest level this year. Overall, Irvine is showing resilience, with stable price growth and continued strength in the rental sector, making it a positive environment for both sellers and landlords.

For personalized advice or a free property valuation, feel free to get in touch: 📍 BE Listed | BE Sold | BE Let | BE Managed
Office: 4 Townhead, Irvine, KA12 0BE
Sales: 01292 432364 | sales@belisted.co.uk
Lettings: 01563 257148 | lettings@belisted.co.uk
🌐 belisted.co.uk | 👍 facebook.com/BrianMcLemonPropertyExpert

Irvine Property Market Update – May 2025

🏡 Irvine Property Market Update – May 2025

Covering April 2025 activity across KA11 & KA12

As we move into spring, the Irvine property market continues to show healthy levels of activity. Both KA11 and KA12 remain active, with strong listing numbers and steady buyer demand—though signs point to slightly different dynamics between the two areas.

________________________________________

📍 KA11 Highlights – April 2025

Available stock held steady at 66 properties, unchanged from April 2024.

New instructions dipped slightly to 28 (down from 31 last year), suggesting a modest softening in seller activity.

Sales agreed remained consistent at 23, indicating stable buyer demand.

Average days on market increased to 66 days (from 57), pointing to a slightly slower pace of sale.

➡️ What this means: KA11 remains a relatively balanced market. While demand is steady, sellers should be prepared for longer selling times compared to last year.

________________________________________

📍 KA12 Highlights – April 2025

Available stock rose sharply to 82 properties, up from 63 in April 2024—a 30%+ increase.

New listings climbed to 40, compared to 34 this time last year.

Sales agreed also increased to 26 (from 22), reflecting strong buyer interest.

Average days on market held steady at 50 days, matching last year exactly.

➡️ What this means: KA12 is seeing a notable rise in listings, but buyer demand is keeping pace. The stable time on market shows that properties are being absorbed well despite increased supply.

________________________________________

🧠 Overall Market View (KA11 & KA12)

The April figures suggest a healthy and competitive market in Irvine.

KA12 appears to be slightly hotter, with rising demand and faster sales.

KA11 is steady, with longer average selling times but continued buyer engagement.

Whether you’re looking to sell, buy or invest, it’s a market that rewards well-priced, well-presented homes.

________________________________________

🏘️ Rental Market Insights – April 2025

📊 Average Rents

North Ayrshire: £619/month (Feb 2025), a 5.6% rise year-on-year.

Irvine (KA12): Current listings range from £350 to £3,750/month, with an average around £573/month.

🔎 Demand & Supply

Tenant demand remains high, continuing to outpace supply.

Low vacancy rates and short void periods are the norm.

Stock levels are constrained, which is helping drive rents upward.

🧾 Legislative Update

Rent Controls Ended: The Cost of Living (Tenant Protection) Act expired 31 March 2025.

➤ Landlords can now adjust rents to market rates.

Upcoming Changes: The Housing (Scotland) Bill is under consultation.

➤ Proposed rent caps between 1%–6% above CPI in designated rent control zones.

➤ Not yet enacted – a window of opportunity exists.

📈 Outlook for Landlords

Potential rent increases likely in the short term.

Investor sentiment is mixed: some welcome the return to market pricing, while others express caution about future controls.

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🔍 Q1 2025 Snapshot (KA11 Focus)

Stock levels ranged from 63 to 72 properties—slightly down on Q1 2024.

New listings peaked at 33 in February, then dipped to 24 in March.

Sales agreed jumped to 28 in March, the strongest month so far this year.

Days on market ranged from 60 (Jan) to 77 (Feb), improving slightly to 66 in March.

💡 Key Insight: Despite some volatility in selling times, buyer demand remains strong for well-priced homes in KA11.

________________________________________

📍 Thinking of Buying, Selling or Investing in Irvine?

We can help you make sense of the numbers and act on the right opportunities—whether you’re moving home, growing your portfolio, or preparing to sell.

📞 Let’s Talk:

🏢 Office: 4 Townhead, Irvine, KA12 0BE
📱 Sales: 01292 432364 | ✉ sales@belisted.co.uk
📱 Lettings: 01563 257148 | ✉ lettings@belisted.co.uk
🌐 belisted.co.uk
👍 facebook.com/BrianMcLemonPropertyExpert

BE Listed. BE Sold. BE Let. BE Managed. Original Article: https://belisted.co.uk/irvinepropertyupdate/

Irvine Property Market Update – April 2025

(KA11 & KA12 Areas – Data from Jan to Mar 2025)
As Q1 wraps up, Irvine’s property market has shown signs of activity and adjustment. Both KA11 and KA12 saw fluctuations in supply and demand, with some divergence between the two areas — particularly in stock levels, time to sell, and buyer appetite.

📍 KA11 Area Overview (Jan–Mar 2025)

Available Stock has remained fairly steady, ranging from 63 to 72 properties, slightly lower than the same period last year.
Instructions picked up significantly in February (33 new listings) before settling to 24 in March.
Sales Agreed jumped in March to 28, the highest figure this year so far.
Days on Market have fluctuated: from 60 in January to 77 in February, then improved slightly to 66 in March.

💡 Key Takeaway:
Despite a bump in selling times, KA11 saw strong sales activity in March, pointing to underlying buyer demand, especially for competitively priced homes.

📍 KA12 Area Overview (Jan–Mar 2025)

Stock levels trended down from 55 in January to just 48 in March, suggesting tightening supply.
Instructions climbed to 30 in both February and March, a strong uplift from January’s 18.
Sales Agreed held steady at 24 in both Feb and Mar, more than doubling January’s figure of 11.
Days on Market dropped significantly: 75 in Jan → 69 in Feb → 50 in Mar.

💡 Key Takeaway:
KA12 continues to gain momentum, with increased listings being met by strong buyer activity and homes selling faster month-on-month. Stock shortages may put upward pressure on prices as we head into Q2.

🔍 Market Trends Across Irvine

Confidence is growing, with steady new listings and increased sales volumes across both postcode areas.
Time to sell remains a key watchpoint: homes are selling faster in KA12, while KA11 has seen more variation.
With supply tightening in KA12 and strong sales agreed across both areas, Irvine remains a healthy market for sellers and an opportunity for motivated buyers before further competition heats up this spring.

🏘️ Irvine Rental Market Insights – April 2025

Average Rents:

North Ayrshire: As of February 2025, the average monthly rent reached £619, marking a 5.6% annual increase from £586 in February 2024.

Irvine (KA12): Recent listings indicate rental prices ranging from £350 to £3,750 per month, with an average of approximately £573 per month.

Demand and Supply:

High Demand: Tenant demand continues to outstrip supply, leading to low vacancy rates and shorter void periods for landlords.

Limited Stock: The constrained housing stock contributes to upward pressure on rental prices.

Legislative Developments:

End of Temporary Rent Controls: The Cost of Living (Tenant Protection) (Scotland) Act 2022, which introduced temporary rent controls and eviction moratoriums, expired on 31 March 2025. As of 1 April 2025, landlords can adjust rents to align with current market rates.

Upcoming Housing (Scotland) Bill: The Scottish Government is progressing the Housing (Scotland) Bill, aiming to implement permanent rent control measures. Proposed regulations suggest capping rent increases between 1% and 6% above the Consumer Price Index (CPI) in designated rent control areas. However, these measures are still under consultation and have not yet been enacted.

Market Outlook:

Potential Rent Increases: With the lifting of temporary controls and the legislative gap before new measures are enacted, there is potential for rent increases as landlords adjust to market conditions.

Investor Sentiment: The evolving regulatory landscape may influence landlord investment decisions, with some expressing concerns about future profitability and regulatory clarity.

Thank you for reading, and feel free to connect for more property insights!

BE Listed. BE Sold. BE Let. BE Managed

Office: 4 Townhead, Irvine, KA12 0BE

Brian in Sales: 07950 270159 | sales@belisted.co.uk

Erin in Lettings: 07535 780773 | lettings@belisted.co.uk

🌐belisted.co.uk | facebook.com/BrianMcLemonPropertyExpert/

Original Article
https://belisted.co.uk/irvinepropertyupdate/

Irvine Property Market Update – March 2025

As Spring has officially sprung, let’s take a moment to assess the latest movements in the Irvine property market. This update focuses on key trends in KA11 and KA12, offering insights into changes in supply, demand, letting and selling conditions. With shifts in available stock, sales activity, and time on the market, understanding these patterns will help homeowners, buyers, and investors make informed decisions in an evolving landscape.

Sales Overview

The Irvine property market (covering KA11 and KA12) has shown a mix of trends over the past year. Comparing February 2024 to February 2025, KA11 saw a notable increase in new instructions, rising from 26 to 33, indicating more sellers entering the market. However, sales agreed dropped from 29 to 20, suggesting that buyer demand has slowed. Meanwhile, KA12 experienced steady growth, with new instructions increasing from 28 to 30 and sales agreed rising from 24 to 26.

A key trend this month is the time properties are spending on the market. In KA11, the average days on market jumped significantly from 58 to 77 days, pointing to a slowdown in buyer urgency. Similarly, in KA12, days on market increased from 51 to 69 days, meaning homes are taking longer to sell despite increased activity.

These shifts suggest that while more properties are coming to market, buyer demand is not keeping pace, particularly in KA11. With rising stock levels and longer selling times, it will be interesting to see how the Irvine market adjusts in the coming months.

House Price Analysis for Irvine and North Ayrshire

In contrast to the above, throughout Scotland we are seeing a situation where house prices are growing, including Irvine and North Ayrshire where we are seeing an improvement in rate.

North Ayrshire: The average house price in December 2024 was £128,000, reflecting a 3.1% annual increase. This is slightly higher than the previously mentioned 1.4% growth. Irvine continues to show stable property values, aligning with the broader regional trend.

South Ayrshire: The average house price in December 2024 was £170,000, marking a 7.5% annual growth. While slightly lower than the 8.3% previously noted, it still highlights the area’s desirability.

Scotland Overall: The average house price in December 2024 was £189,000, with an annual growth rate of 6.9%. This is consistent with the strong performance of the Scottish housing market.

Buyer Demographics

As we progress through 2025, Irvine’s property market remains vibrant, with diverse buyer demographics shaping the local landscape.
First-Time Buyers: Irvine continues to attract first-time buyers due to its affordability and government schemes that ease the process of getting onto the property ladder. Compared to neighbouring towns like Troon, Irvine remains a more budget-friendly option, making it particularly appealing to younger buyers. The advice and guidance available in the First-Time Buyer Guide for Troon are equally applicable to Irvine.

Property Investors: Investors remain attracted to Irvine for its strong rental yields, ongoing development projects, and overall affordability. The town’s lower average asking price compared to nearby Troon provides a significant advantage, particularly when factoring in taxes such as the 8% ADS tax on additional dwellings and the variable LBTT. This price difference can result in substantial tax savings during the initial purchase, making Irvine an even more appealing choice for cost-conscious investors. While the town may lack the high-end properties available in neighbouring areas, it offers consistent returns and a growing demand for rental homes, cementing its reputation as a promising location for long-term investment opportunities.

Relocators: Irvine is becoming increasingly popular among families and professionals seeking a quieter lifestyle. Its proximity to Glasgow, combined with local amenities like parks, schools, and coastal living, enhances its appeal. The town’s affordability and quality of life make it an ideal choice for those looking to relocate.

The property market in Irvine is showing steady growth in early 2025, supported by strong demand across all buyer categories. With continued development and excellent transport links, the town’s market is poised for further success.

Rental Market Insights – Early 2025

The Irvine rental market continues to see notable changes in early 2025, following steady price increases in 2024. As of December 2024, the average private rent in North Ayrshire, including Irvine, reached £612 per month—a 6.9% rise from £572 in December 2023. This growth aligns with national trends, with Scotland’s average rent for a two-bedroom property increasing by 6.2% to £893.

Key drivers include limited housing supply and rising demand, as affordability challenges push more households into renting. Rent control measures introduced in 2022 deterred some landlords from expanding rental portfolios, further tightening supply.

Looking ahead, Scottish government proposals to cap rent increases between 1% and 6% above CPI in designated rent control areas could impact future investment. While these measures aim to protect tenants, industry experts warn they may make the sector less attractive to investors.

For landlords, rising rents present an opportunity for strong yields, while tenants may face higher costs and increased competition. With ongoing policy changes and evolving market conditions, staying informed is key to navigating Irvine’s rental market in 2025.

New Developments and Infrastructure Improvements

In early 2025, Irvine has seen significant progress in local development and infrastructure projects aimed at enhancing the community and boosting the property market.

Harbourside Transformation

In February 2025, McLaughlin Construction commenced work on a transformative project at Irvine’s harbourside. This initiative is a key component of the £251 million Ayrshire Growth Deal, with the first phase focusing on developing a themed regional playpark. The project aims to revitalize the area, attract tourism, and provide recreational spaces for residents.

Great Harbour Project

Simultaneously, work began on the £14 million Great Harbour project, another significant venture under the Ayrshire Growth Deal. Supported by £9 million from the Scottish Government, this project seeks to transform Irvine’s harbourside area, enhancing its appeal and functionality.

Council Tax Levy on Second Homes

To address housing availability, North Ayrshire Council announced a policy to implement a 100% Council Tax premium on second homes, effective from April 1, 2025. This measure aims to increase the availability of primary residences and support community sustainability.

Capital Investment Programme

North Ayrshire Council approved a £331 million Capital Investment Programme, set to deliver substantial investments in the coming years to support communities and residents. This programme encompasses various projects, including infrastructure enhancements, new-build initiatives, and educational facilities, aiming to improve the quality of life for residents.

These developments reflect a concerted effort to enhance Irvine’s infrastructure, housing, and community amenities, positioning the area for sustained growth and improved living standards.

Market Resilience and Future Outlook

As we move further into 2025, the Irvine property market remains dynamic, with shifting trends in supply, demand, and pricing. While the increase in new listings suggests growing confidence among sellers, longer time on the market indicates that buyer demand is lagging slightly, particularly in KA11. However, Irvine’s property values continue to show resilience, reflecting the steady growth seen across North Ayrshire and Scotland as a whole.

The rental market also remains strong, with rising demand and limited supply pushing rental prices upward. While policy changes may impact future investment decisions, the town’s affordability and strong rental yields continue to attract landlords and investors.

Meanwhile, Irvine’s ongoing infrastructure projects, including the Harbourside transformation and Great Harbour development, promise to enhance the town’s appeal, potentially driving future property demand. Coupled with a significant capital investment programme and policies aimed at addressing housing availability, Irvine is well-positioned for long-term growth.

For buyers, sellers, and investors alike, staying informed about these evolving market conditions will be key to making smart property decisions. Whether purchasing a home, renting, or investing, Irvine continues to offer strong opportunities in an ever-changing landscape.

Thank you for reading, and feel free to connect for more property insights!

Original Article
https://belisted.co.uk/irvinepropertyupdate/

Sources
https://rmplus.rightmove.co.uk www.beta.ons.gov.uk www.ons.gov.uk
www.savills.co.uk www.zoopla.co.uk www.PROJECTSCOT.COM
www.NORTH-AYRSHIRE.GOV.UK www.SCOTTISHHOUSINGNEWS.COM

Irvine Property Market Update – February 2025

As we move through February, it’s the perfect time to assess the latest trends in the Irvine property market. This update provides key insights into both sales and rental activity across KA11 and KA12, highlighting shifts in supply, demand, and pricing. Whether you’re a homeowner, investor, or tenant, staying informed about these developments will help you navigate the evolving market with confidence.

Sales Overview

The Irvine property market (covering KA11 and KA12) has seen varied shifts over the past year. Comparing January 2024 to January 2025, KA11 experienced a slight dip in both new instructions (26 to 24) and sales agreed (22 to 21), while KA12 saw notable growth, with new instructions rising from 14 to 18 and sales agreed increasing from 13 to 18.

One key trend is the time properties are spending on the market. In KA11, the average days on market improved slightly, decreasing from 64 to 60 days, suggesting steady demand. However, KA12 saw a significant increase from 50 to 75 days, indicating a slower turnaround for sales despite the rise in transaction activity.

These patterns highlight Irvine’s mixed property landscape, with KA11 showing stable but slightly slower activity, while KA12 sees increased market engagement but longer selling times. As 2025 unfolds, it will be interesting to monitor whether demand levels out across both postcode areas or if market conditions continue to diverge.

House Price Analysis for Irvine and North Ayrshire

North Ayrshire has experienced a more modest house price growth at around 1.4%, with an average house price of £133,000. The region’s growth is generally in line with the national average, though has been significantly lower of late albeit in a positive direction. Irvine, as a significant town within North Ayrshire, reflects this trend, offering stable property values and potential for future appreciation.

These variations underscore the importance of localised market analysis when considering property investments, as regional factors can significantly influence property values.

In comparison, house prices in South Ayrshire have grown by an impressive 8.3% over the past year, reflecting the area’s strong desirability and quality of life.

Scotland’s overall house price growth was recorded at 6%, with an average property price of £195,000. This growth rate is higher than the UK’s overall annual increase of 3.0% during the same period.

Buyer Demographics

As we enter 2025, Irvine’s property market remains vibrant, with diverse buyer demographics shaping the local landscape. First-time buyers make up a significant portion of the market, drawn by affordable property prices and government schemes that make it easier to get onto the property ladder. Compared to neighbouring towns like Troon, Irvine offers better value, making it a popular choice for younger buyers and those looking for their first home. Please look at the First time buyer guide for Troon for advice and help that will apply to Irvine as well as it does Troon.

Property investors are also active in Irvine, attracted by the town’s strong rental yields and ongoing development. The affordability of properties, combined with increasing demand for rental homes, makes it an appealing option for those seeking long-term investment opportunities. While the town may not boast the high-end properties of some neighbouring areas, it offers a solid return for investors.

Relocators are increasingly choosing Irvine for its quality of life and proximity to major cities like Glasgow. The town’s affordability, combined with local amenities such as parks, schools, and coastal living, makes it an ideal location for families and professionals looking to settle in a quieter environment.

In early 2025, the property market in Irvine is experiencing steady price growth, supported by strong demand across all buyer categories. With continued development and excellent transport links, Irvine’s property market is set to thrive, making it an attractive destination for first-time buyers, investors, and relocators alike.

Rental Market Insights

The rental market in Irvine has experienced notable growth over the past year. As of December 2024, the average private rent price in North Ayrshire, which includes Irvine, rose to £612 per month, marking a 6.9% increase from £572 in December 2023.

This growth aligns with the overall trend observed across Scotland during the same period.

Factors contributing to this rise include heightened demand for rental properties and a limited housing stock. The competitive rental landscape offers landlords favourable yields, while prospective tenants may need to act swiftly to secure desirable properties.

New Developments and Infrastructure Improvements

Significant developments are underway in Irvine, poised to enhance the local property market. In December 2024, construction commenced on North Ayrshire Council’s largest housing project to date—a £50 million development on the site of the former maternity unit at Ayrshire Central Hospital. This project will deliver 202 new homes, including general needs houses, amenity bungalows, and properties suitable for wheelchair users, with completion expected by the end of 2027.

Additionally, work is progressing on the site of the former Stanecastle School in Irvine, where 29 new council homes are being built.

These initiatives aim to increase the availability of affordable housing and support community regeneration efforts.

Market Resilience and Future Outlook

Despite economic challenges, Irvine’s property market has demonstrated resilience. The ongoing developments and infrastructure improvements are expected to bolster the market further, attracting both buyers and renters. However, the limited housing supply may continue to exert pressure on affordability and availability. Monitoring policy measures and new developments will be crucial in addressing these challenges and supporting a balanced market in the future.

Thank you for reading, and feel free to connect for more property insights!

Contact Information

Brian McLemon 📞 01292 432364 📱 07950 270159 📧 brian.mclemon@kwuk.com
Erin McLemon 📱 07535 780773 📧 bepropertymentors@hotmail.com

Original Article
https://bepropertymentors.com/2025/02/18/irvinepropertyupdate/↗

Sources
https://www.savills.co.uk/
https://kerrandwatson.co.uk/
https://www.ons.gov.uk/
https://www.gov.scot
projectscot.com
scottishhousingnews.com