53249_not-searchable
/en/bygg-bolig-og-eiendom/statistikker/eiendomsoms/arkiv
53249
Continued increase in property sales
statistikk
2011-11-11T10:00:00.000Z
Construction, housing and property
en
eiendomsoms, Transfer of properties, registered transfers, dwellings, commercial properties, leisure properties, land, purchase price, type of dwellings, ground lease, transfer of title (for example free market sale, compulsory sale, settlement of estate)Property, Construction, housing and property
false

Transfer of properties, Q3 2011, preliminary figures

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Continued increase in property sales

Registered transfers of real property increased by 4 per cent in the 3rd quarter of 2011 compared with the 3rd quarter of 2010. Sales of dwellings and holiday homes increased by 8 per cent and 3 per cent respectively.

Registered transfers of real property. 2001-2011*. 3rd quarter

Average purchase price per transfer of built-up dwelling and holiday properties, sold on the free market. 2004-2011*. Quarter. NOK 1 000

A total of 48 300 registered transfers of real property were recorded in the third quarter; an increase of 1 900 properties compared with the corresponding quarter last year. The aggregate value of properties transferred during the third quarter of 2011 amounted to NOK 85.1 billion. This is an increase of 15 per cent compared with the corresponding quarter in 2010.

Growth in sales of dwellings and holiday homes

In the third quarter of 2011, a total of 24 000 dwellings were sold on the free market; an increase of 8 per cent compared with the same quarter in 2010. The average price per transfer was NOK 2.7 million.

A total of 2 700 holiday properties were sold on the free market in the third quarter of 2011. This represented a 3 per cent increase compared with the same quarter last year. The average price per transfer was NOK 1.4 million. Transfers of holiday homes on leased sites are not included in these figures. Slightly more than 50 per cent of the holiday homes sold on the free market had an average price of less than NOK 1 million.

What are the statistics about?

The statistics are based on the number and the value of the registered transfers of real property. The composition of sold properties varies over time as regards size, standard and location. Due to this, the change in average price per transfer from one period to another does not reflect the correct price trend for a certain type of property. For instance, a large number of high-standard holiday homes have been built in recent years. Therefore the average purchase price per transferred holiday home has increased more than the price of one single holiday home. The House price index shows the price trend for dwellings.

Date of registration and date of sale

The statistics are based on the date of registration. This date can be several weeks and even months later than the date of sale.

Free market sale

Free market sale means that the property is sold for a price corresponding to the market value. The property is not always announced for sale on the free market.

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