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

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