Are you considering selling your home? Now is the right time! In recent months we have seen a noticeable price increase in the housing market, especially in the third quarter. This presents a unique opportunity to take advantage of this trend and achieve an attractive sales price. Demand for homes remains high, while supply seems insufficient to meet the need. Don't wait any longer and take the first step toward a successful sale. This is your chance to capitalize on the favorable market conditions and maximize the return on your property!
The real estate market is showing impressive growth with the highest number of transactions in the past four years: 37,000 homes have been sold, representing a 10.9% increase over last year.
High demand for apartments
Apartments are particularly sought after, with an 18.9% increase in the number of sales. Prices appear to be stabilizing, with a quarterly increase of only 0.4%. The average transaction price for a home now stands at 473,000 euros, a slight increase of 2,000 euros compared to the previous quarter. However, this is considerably less than the 7.7% increase we saw earlier.
Significant increase in home sales in Limburg
In the province of Limburg, there has been a notable increase in the number of housing transactions. Compared to a year ago, almost 25% more houses were sold, which is a significantly higher increase than the national average of +11%. Especially the North and Central Limburg regions are showing positive results. The main reason for this increase in sales is the ample supply of available homes. There are many houses for sale, and due to the strong demand they are quickly snapped up by buyers (Figures NVM).
Home turnaround time
Home sales continue to be lightning fast. Currently it takes an average of only four weeks to sell a home, with only 28 days between the time of sale and the broker signing the purchase agreement. As many as 90% of homes are sold within a quarter.
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