House Sales Statistics, March 2024

105 thousand 394 houses were sold in Türkiye. In Türkiye, house sales decreased by 0.1% in March compared to the same month of the previous year and became 105 thousand 394. İstanbul had the highest share with 18.1% and 19 thousand 40 house sales. The followers of İstanbul were Ankara with 9 thousand 523 house sales and İzmir with 6 thousand 413 house sales with the share of 9.0% and 6.1% respectively. The provinces with the lowest number of sales were Ardahan with 23, Bayburt with 42, and Hakkari with 55 house sales.

House sales, March 2024

Houses sales decreased by 1.3% in January-March 2024. In the January-March period, house sales decreased by 1.3% compared to the same period of the previous year and became 279 thousand 604.

Number of house sales, March 2024

Mortgaged house sales became 12 thousand 880. In Türkiye, mortgaged house sales decreased by 49.0% in March compared to the same month of the previous year and became 12 thousand 880. Mortgaged house sales had 12.2% share of all house sales. In the January-March period, mortgaged house sales decreased by 53.0% compared to the same period of the previous year and became 27 thousand 622. 3 thousand 105 of mortgaged house sales in March and 6 thousand 569 of mortgaged house sales in the January-March period were first sales.

Other house sales became 92 thousand 514. In Türkiye, other house sales increased by 15.3% in March compared to the same month of the previous year and became 92 thousand 514. Other house sales had 87.8% share of all house sales. In the January-March period, other house sales increased by 12.3% compared to the same period of the previous year and became 251 thousand 982.

House sales by type, March 2024

34 thousand 399 houses were sold for the first time. In Türkiye, first-time house sales increased by 4.6% in March compared to the same month of the previous year and became 34 thousand 399. First sales had 32.6% share of all house sales. In the January-March period, first-time house sales increased by 5.2% compared to the same period of the previous year and became 88 thousand 256.

Secondhand house sales became 70 thousand 995. In Türkiye, second-hand house sales decreased by 2.2% in March compared to the same month of the previous year and became 70 thousand 995. Second-hand sales had 67.4% share of all house sales. In the January-March period, second-hand house sales decreased by 4.0% compared to the same period of the previous year and became 191 thousand 348.

House sales by state, March 2024

In March, a thousand 778 houses were sold to foreigners. House sales to foreigners decreased by 47.9% in March compared to the same month of the previous year and became a thousand 778. House sales to foreigners had 1.7% share in March. İstanbul ranked first with 652 sales to foreigners. The followers of İstanbul were Antalya with 618 house sales and Mersin with 151 house sales to foreigners.

House sales to foreigners, March 2024

In the January-March period, house sales to foreigners decreased by 48.0% compared to the same period of the previous year and became 5 thousand 685.

House sales were mostly made to Russia citizens according to nationalities. In March, Russia citizens bought 411 houses from Türkiye. The followers of Russia citizens were Iran citizens with 182 house sales, Ukraine citizens with 129 house sales and Iraq citizens with 82 house sales.

Data based on real estate transactions and land registry (18.04.2024)


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