Statistics about real estate sales in the city of Kocaeli this year

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Statistics about real estate sales in the city of Kocaeli this year

The Turkish Statistical Institute (TÜİK) regularly publishes property sales statistics in Turkey every month, and according to the data of August 2019, the number of real estate sold in Turkey increased by 5.1% compared to the same month last year.

The number of real estate sold in August amounted to 111,538, while real estate sales in the first eight months of the year was 718,570.

The number of real estates sold in Kocaeli in August

In August, property sales in Kocaeli increased by 4.79% compared to the same period last year. 788 properties (33.36%) were sold using bank loans in August and recorded as mortgaged sales.

Of the properties sold, 833 (35.27 percent) were new properties and 1,574 (64.73 percent) were second hand properties.

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Total real estate sales in Kocaeli between January and August 2019

In the first eight months of 2019, the number of real estate sold in Kocaeli decreased by 26.83% compared to the same period of the previous year and reached 17,210 properties.

While 6,698 (38.92%) new properties were sold, 10,512 (61.08%) properties were sold as second-hand in this period.

Kocaeli’s participation in Turkey’s real estate sales was 2.39% in the first eight months of this year.

Edit By: Realty group

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