- Apr 22, 2021
- Reading time: 3 minutes
Second hand housing sales dropped 22% compared to the same period last year
All Entrepreneurial Real Estate Consultants Association (TÜGEM) and New Generation Real Estate Valuation And Location Analysis Platform Indexsa.com was prepared in cooperation with the 1st quarter of 2021 “Second Hand Housing Market Report” announced. In the 1st quarter of 2021, the number of housing sales fell by 23% for the same period last year, and second-hand housing sales decreased by 22%.
1-year rise in housing prices across Turkey by 34%
2021 1-year value increase in housing sales prices across Turkey as of the end of the 1st quarter 34% level. 51,602 units and 20% of housing sales in the 1st quarter Housing prices rose 25% in 1 year in Istanbul, with average sqm sales price $4,551 was.
In the 1st quarter, the number of housing sales dropped by 23% compared to the same period last year
In the 1st quarter of 2021, 263,050 housing sales took place. Number of housing sales compared to the previous quarter 22% decreased by 23% compared to the same period last year.
Quarter basis Housing sales traditions
Used housing sales accounted for 69% of total sales, and credit housing sales accounted for 18%
In the 1st quarter 182,680 second-hand housing sales took place. Second-hand housing sales with this figure is a It decreased by 20% compared to the previous quarter and 22% compared to the same period last year. Second-hand housing sales accounted for 69% of total housing sales. It accounted for 18% of sales and amounted to 47,216 units. Loan housing sales previous 27% compared to the quarter; compared to the same period last year, it decreased by 63%.
Quarter housing Comparison of sales traditions
Maximum number of stocks in Istanbul
Maximum stock in provinces with the highest sales of housing as of the end of 1st quarter of 2021 237,260 in Istanbul It's. Istanbul has a 20% share in total sales with 51,602 housing sales, while on average housing sales square meter price 4.551 TL, 1 year sale price value change 25 percent, depreciation The duration is 22 years, the average marketing time is 69 days.
Sales price per square meter in Ankara 2,396 TL, İzmir 4.106 TL
25.395 in Ankara 10% of housing sales in 1 quarter, and housing prices were 30% in the last 1 year showed an increase, the average sales price of square meters was 2,396 TL. 15.358 in Izmir, where 6% of housing sales are realized There were sales and housing prices rose 37% over the past 1 year, average square meter sales price 4.106 TL. Based on stock quantities, 121,634 guests in Ankara and 76,562 guests in Izmir seems to be in stock.
Month-based housing sales customs
Housing sales to foreigners fell by 10% compared to the same period last year
A total of 9.887 housing sales to foreign nationals was in the first quarter. Housing to foreigner with this piece sales fell by 32% compared to the previous quarter; compared to the same period last year fell 10%.
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