House Sales Statistics – April 2024

House Sales Statistics, April 2024

75 thousand 569 houses were sold in Türkiye

In April 2024, the Turkish real estate market experienced notable shifts, with House Sales Statistics revealing 75,569 units sold. Despite an 11.8% decrease compared to the previous year, cities like Istanbul, Ankara, and Antalya continued to dominate the market. This comprehensive report delves into the latest House Sales Statistics for April, highlighting key trends in mortgaged and non-mortgaged sales, first-time versus second-hand purchases, and the impact of foreign buyers. Stay informed with detailed insights into Türkiye’s evolving real estate landscape.

In Türkiye, house sales decreased by 11.8% in April compared to the same month of the previous year and became 75 thousand 569. The provinces with the highest number of house sales were Istanbul with 12 thousand 406, Ankara with 6 thousand 272 and Antalya with 4 thousand 427, while the provinces with the lowest number were Ardahan with 18, Hakkari with 35 and Tunceli with 49.

House sales, April 2024

House sales, April 2024
House sales, April 2024

 

Houses sales decreased by 3.7% in January-April 2024

In January-April period, house sales decreased by 3.7% compared to the same period of the previous year and became 355 thousand 173.

Number of house sales, April 2024

Number of house sales, April 2024
Number of house sales, April 2024

Mortgaged house sales became 7 thousand 71

In Türkiye, mortgaged house sales decreased by 67.5% in April compared to the same month of the previous year and became 7 thousand 71. Mortgaged house sales had 9.4% share of all house sales. In January-April period, mortgaged house sales decreased by 57.0% compared to the same period of the previous year and became 34 thousand 693.

A thousand 744 of mortgaged house sales in April and 8 thousand 313 of mortgaged house sales in January-April period were first sales.

Other house sales became 68 thousand 498

In Türkiye, other house sales increased by 7.2% in April compared to the same month of the previous year and became 68 thousand 498. Other house sales had 90.6% share of all house sales. In January-April period, other house sales increased by 11.2% compared to the same period of the previous year and became 320 thousand 480.

House sales by type, April 2024

House sales by type, April 2024
House sales by type, April 2024

24 thousand 85 houses were sold for the first time

In Türkiye, first time house sales decreased by 10.6% in April compared to the same month of the previous year and became 24 thousand 85. First sales had 31.9% share of all house sales. In January-April period, first time house sales increased by 1.3% compared to the same period of the previous year and became 112 thousand 341.

Second hand house sales became 51 thousand 484

In Türkiye, second hand house sales decreased by 12.3% in April compared to the same month of the previous year and became 51 thousand 484. Second hand sales had 68.1% share of all house sales. In January-April period, second hand house sales decreased by 5.9% compared to the same period of the previous year and became 242 thousand 832.

House sales by state, April 2024

House sales by state, April 2024
House sales by state, April 2024

In April, a thousand 272 houses were sold to foreigners

House sales to foreigners decreased by 50.3% in April compared to the same month of the previous year and became a thousand 272. House sales to foreigners had 1.7% share of all house sales in April. The provinces with the highest number of house sales to foreigners were Antalya with 454, Istanbul with 407 and Mersin with 149.

House sales to foreigners, April 2024

House sales to foreigners, April 2024
House sales to foreigners, April 2024

In January-April period, house sales to foreigners decreased by 48.4% compared to the same period of the previous year and became 6 thousand 957.

House sales were mostly made to Russia citizens according to nationalities

In April, the most house sales by country nationality were made to citizens of the Russia with 293, Iran with 117 and Ukraine with 91.

House sales by nationalities for top 10, April 2024

House sales by nationalities for top 10, April 2024
House sales by nationalities for top 10, April 2024
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