Development of the Real Estate Sector in Turkey in February 2025 – Housing Sales Statistics

In Türkiye, house sales increased by 20.1% in February compared to the same month of the previous year and reached 112,818. The provinces with the highest number of house sales were İstanbul with 19,347, Ankara with 10,791, and İzmir with 6,899, while the provinces with the lowest numbers were Ardahan with 24, Tunceli with 70, and Bayburt with 73.

House Sales, February 2025 (Unit)

Number of House Sales, February 2025

February 2025 February 2024 Change (%) Jan–Feb 2025 Jan–Feb 2024 Change (%)
House sales by type 112,818 93,902 20.1 224,991 174,210 29.1
Mortgaged sales 16,778 8,827 90.1 33,504 14,742 127.3
Other house sales 96,040 85,075 12.9 191,487 159,468 20.1
First sales 33,784 28,594 18.2 66,569 53,857 23.6
Second hand sales 79,034 65,308 21.0 158,422 120,353 31.6

Mortgaged House Sales

Mortgaged house sales reached 16,778 in February, a 90.1% increase compared to February 2024. They accounted for 14.9% of all house sales. In the January–February period, mortgaged house sales increased by 127.3% and reached 33,504.

Other House Sales

Other house sales reached 96,040 in February, a 12.9% increase compared to February 2024. They made up 85.1% of all house sales. For January–February, these sales rose by 20.1% to 191,487.

House Sales by Type

33,784 houses were sold for the first time in February, an increase of 18.2%. First sales made up 29.9% of all transactions. In January–February, first sales totaled 66,569 – a 23.6% increase.

Second-hand sales reached 79,034, an increase of 21.0%. These accounted for 70.1% of total house sales. In the first two months of the year, second-hand sales totaled 158,422, marking a 31.6% growth.

House Sales to Foreigners

In February, 1,457 houses were sold to foreigners, a decrease of 21.1% compared to last year. Foreign sales made up 1.3% of total transactions. Top provinces were İstanbul with 539, Antalya with 503, and Mersin with 89.

In January–February, foreign house sales dropped 23.1% to 3,004.

House Sales by Nationality

The most houses in February were sold to citizens of Russia (256), Iran (133), and Iraq (99).

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