Real estate prices and registrations of title, 4th quarter 2020
Real estate prices for one- or two-dwelling buildings and holiday homes rose in 2020
Statistical news from Statistics Sweden 2021-01-22 9.30
Real estate prices for one- or two-dwelling buildings rose by 6 percent at national level in 2020 compared with 2019. In a corresponding comparison of buildings for seasonal and secondary use, real estate prices rose by almost 10 percent.
According to the real estate price index for one- or two-dwelling buildings, prices rose by 4 percent at national level in the fourth quarter of 2020 compared with the third quarter. At the national level, the average price for one- or two-dwelling buildings was just under SEK 3.3 million in the fourth quarter of 2020. In the metropolitan areas, the average price ranged from SEK 4.5 million in Greater Malmö to just under SEK 6.2 million in Greater Stockholm.
Real estate for seasonal and secondary use
According to the real estate price index for seasonal and secondary use at national level, real estate prices rose by 1 percent in the fourth quarter compared with the third quarter. At the national level, the average price for holiday homes was SEK 2.2 million in the fourth quarter of 2020.
Real estate for agriculture
The statistics on prices show that prices on agricultural real estate at national level fell by 2 percent in the fourth quarter of 2020 compared with the third quarter. At the national level, the average price for agricultural real estate was SEK 2.5 million in the fourth quarter of 2020.
Real estate for multi-dwelling and commercial buildings
According to prices of real estate for multi-dwelling and commercial buildings at national level, prices fell by 1 percent in the fourth quarter of 2020 compared with the third quarter.
Definitions and explanations
Statistics Sweden’s official real estate price statistics are reported after the date of purchase, that is, the date when the buyer becomes the new owner of the acquired real estate. This item of statistics news contains both real estate price index and price statistics. Price statistics are based on a simpler method in relation to index. The basis for the price statistics and indices are the purchases that have been granted in the specific period. The difference is that indices are weighted with the stock of real estate. In cases where Statistics Sweden does not publish any real estate price index for a specific real estate category, price changes are calculated using price statistics. In price statistics, the price changes are estimated using the purchase price coefficient (K/T). The purchase price coefficient is the purchase price (K) in relation to the assessed value (T) at a certain point in time.
Different types of real estate categories are reported in this statistical news.
One- or two-dwelling buildings for permanent dwelling refers to real estate of type code 220, where at least one person has been registered on the specific real estate during one of the last four quarters. The assessment length for this type of real estate is based on the assessment of real estate in 2018.
Real estate for seasonal and secondary use refers to real estate of type code 220, where no person has been registered on the specific real estate during one of the last four quarters. The assessment length for this type of real estate is based on the assessment of real estate in 2018.
Real estate for agriculture refers to real estate of type code 110 and 120. The assessment length for this type of real estate is based on the assessment of real estate in 2017.
Real estate for multi-dwelling and commercial buildings refers to real estate of type code 320, 321 and 325. The assessment register for this type of real estate is based on the assessment of real estate in 2019
The statistics for 2020 are preliminary in this item of statistical news.
Next publishing will be
23 April 2021 at 09:30.
Feel free to use the facts from this statistical news but remember to state Source: Statistics Sweden.