Estonia, Financial Services, Real Estate

International Internet Magazine. Baltic States news & analytics Thursday, 26.04.2018, 18:39

Price of Tallinn apartments increased by 3.2% in November

BC, Tallinn, 05.12.2017.Print version
The average price per square meter of apartments in Tallinn rose 3.2% to 1,754 euros in November 2017, figures available from the Estonian Land Board show, cites LETA/BNS.

During the month 824 apartments in Tallinn changed hands and the combined value of the transactions was 80.3 million euros, 9.3% more than in November 2016. In the same month last year transactions numbered 791 and their total value was 73.5 million euros.


The median price of Tallinn apartments was 1,692 euros, 8% higher than in November 2016.


Apartment prices elsewhere in Estonia increased 2.2% year over year to 682 euros.


During the month 988 apartments outside of Tallinn changed hands and the combined value of the transactions was 40.9 million euros. In the same month last year transactions numbered 1,012 and their total value was 40.6 million euros.


In October the average price of apartments in Tallinn increased 8.7% to 1,763 euros per square meter, while the average price of apartments outside Tallinn rose 17.2% to 750 euros.






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