Development of the real estate sector in Turkey in October 2024 – Housing Sales Statistics in October 2024
165 thousand 138 houses were sold in Türkiye. In Türkiye, house sales increased by 76.1% in October compared to the same month of the previous year and became 165 thousand 138. The provinces with the highest number of house sales were İstanbul with 24 thousand 812, Ankara with 15 thousand 257, and İzmir with 8 thousand 658. The provinces with the lowest number of sales were Hakkari with 76, Bayburt with 97, and Ardahan with 112 house sales.
House sales, October 2024
Houses sales increased by 11.9% in January-October 2024.
In January-October period, house sales increased by 11.9% compared to the same period of the previous year and became 1 million 112 thousand 374.Number of house sales, October 2024
Mortgaged house sales became 21 thousand 95.
In Türkiye, mortgaged house sales increased by 278.2% in October compared to the same month of the previous year and became 21 thousand 95. Mortgaged house sales had 12.8% share of all house sales. In January-October period, mortgaged house sales decreased by 31.9% compared to the same period of the previous year and became 113 thousand 405.Other house sales became 144 thousand 43
In Türkiye, other house sales increased by 63.3% in October compared to the same month of the previous year and became 144 thousand 43. Other house sales had 87.2% share of all house sales. In January-October period, other house sales increased by 20.7% compared to the same period of the previous year and became 998 thousand 969.
House sales by type, October 2024
57 thousand 679 houses were sold for the first time.
In Türkiye, first time house sales increased by 97.3% in October compared to the same month of the previous year and became 57 thousand 679. First sales had 34.9% share of all house sales. In January-October period, first time house sales increased by 20.4% compared to the same period of the previous year and became 358 thousand 558.Second hand house sales became 107 thousand 459
In Türkiye, second hand house sales increased by 66.5% in October compared to the same month of the previous year and became 107 thousand 459. Second hand sales had 65.1% share of all house sales. In January-October period, second hand house sales increased by 8.3% compared to the same period of the previous year and became 753 thousand 816.
House sales by state, October 2024
In October, 2 thousand 122 houses were sold to foreigners.
House sales to foreigners decreased by 16.3% in October compared to the same month of the previous year and became 2 thousand 122. House sales to foreigners had 1.3% share of all house sales in October. The provinces with the highest number of house sales to foreigners were Antalya with 750, İstanbul with 724, and Mersin with 148.House sales to foreigners, October 2024
In January-October period, house sales to foreigners decreased by 37.2% compared to the same period of the previous year and became 19 thousand 212.
House sales were mostly made to Russia citizens according to nationalities
In October, the most house sales by nationality were made to citizens of Russia with 373, Iran with 172, and Ukraine with 136.
House sales, October 2024
Houses sales increased by 11.9% in January-October 2024.In January-October period, house sales increased by 11.9% compared to the same period of the previous year and became 1 million 112 thousand 374.
Number of house sales, October 2024
Mortgaged house sales became 21 thousand 95.In Türkiye, mortgaged house sales increased by 278.2% in October compared to the same month of the previous year and became 21 thousand 95. Mortgaged house sales had 12.8% share of all house sales. In January-October period, mortgaged house sales decreased by 31.9% compared to the same period of the previous year and became 113 thousand 405.
5 thousand 167 of mortgaged house sales in October and 26 thousand 869 of mortgaged house sales in January-October period were first sales.
Other house sales became 144 thousand 43
In Türkiye, other house sales increased by 63.3% in October compared to the same month of the previous year and became 144 thousand 43. Other house sales had 87.2% share of all house sales. In January-October period, other house sales increased by 20.7% compared to the same period of the previous year and became 998 thousand 969.
House sales by type, October 2024
57 thousand 679 houses were sold for the first time.In Türkiye, first time house sales increased by 97.3% in October compared to the same month of the previous year and became 57 thousand 679. First sales had 34.9% share of all house sales. In January-October period, first time house sales increased by 20.4% compared to the same period of the previous year and became 358 thousand 558.
Second hand house sales became 107 thousand 459
In Türkiye, second hand house sales increased by 66.5% in October compared to the same month of the previous year and became 107 thousand 459. Second hand sales had 65.1% share of all house sales. In January-October period, second hand house sales increased by 8.3% compared to the same period of the previous year and became 753 thousand 816.
House sales by state, October 2024
In October, 2 thousand 122 houses were sold to foreigners.House sales to foreigners decreased by 16.3% in October compared to the same month of the previous year and became 2 thousand 122. House sales to foreigners had 1.3% share of all house sales in October. The provinces with the highest number of house sales to foreigners were Antalya with 750, İstanbul with 724, and Mersin with 148.
House sales to foreigners, October 2024
In January-October period, house sales to foreigners decreased by 37.2% compared to the same period of the previous year and became 19 thousand 212.
House sales were mostly made to Russia citizens according to nationalities
In October, the most house sales by nationality were made to citizens of Russia with 373, Iran with 172, and Ukraine with 136.
Data based on real estate transactions and land registry (31.10.2024)