Scottish house prices slipped by 1.9% in the last month to an average £181,913, according to sales portal Rightmove.
However, prices north of the border are still ahead by 6.9% on an annual basis.
Although interest rates are rising - which would increase the cost of a mortgage - the property firm said seasonal factors were key to the drop in prices in the UK.
Summer holidays are taking priority in people's minds.
The typical asking price in Britain fell by 1.3% between July and August to £365,173.
The last two years had been "frenzied" in the UK housing market, said Rightmove.
Prices soared as the pandemic prompted many people to search for more space in which to live and work.
Impact of cost of living
The BBC reports that the impact of the rising cost of living and consistent increases in interest rates will have on the housing market will be watched closely.
Tim Bannister, Rightmove's director of property science, said: "A drop in asking prices is to be expected this month, as the market returns towards normal seasonal patterns after a frenzied two years, and many would-be home movers become distracted by the summer holidays."
The 1.3% drop in August was in line with the average drop seen that month over the past 10 years, Rightmove said.
"We are still expecting price changes for the rest of the year to continue to follow the usual seasonal pattern, which means we'll end year at around 7% annual growth, even with the wider economic uncertainty," added Mr Bannister.
He said that data showed the rising interest rates were yet to have a significant impact on the number of people wanting to move home.
Latest statistics published by ASPC for the second quarter of 2022 reveal that Aberdeen home prices were ahead by 2% year-on-year, while those in country areas jumped by 3%.
John MacRae, chairman of ASPC, said the figures show that the market in the Aberdeen was almost fully recovered, in terms of property prices, from the downturn following on from the oil price plunge in the last decade.
Flats in Aberdeen in the second quarter were changing hands for an average £126,070, while semi-detached homes were going for £191,718 and detached homes were fetching £326,196.