Real estate prices and registrations of title 2023
Real estate for SEK 282 billion changed owner in 2023
Statistical news from Statistics Sweden 2024-05-31 8.00
There were almost 112 000 granted registrations of title in 2023, which is almost 24 000 less than in 2022. Excluding heritage, exchanges, gifts and mergers there were 81 000 registrations of title with a purchase price. The total purchase price for these properties was just less than SEK 282 billion, which is SEK 112 billion less than previous year.
There were 46 641 transactions of purchases of one- or two-dwelling buildings for permanent living, excluding site leaseholds, at market conditions in 2023, which is 9 000 less than previous year. The average number of sales between 2018 and 2020 was almost 56 000. There were 8 586 purchases of real estate for seasonal and secondary use and 3 193 in agricultural real estate. In the real estate categories commercial and industries, there were 810 and 529 purchases respectively.
Real estate price development
Real estate prices for one- or two-dwelling buildings, whole year, fell by 10 percent at national level in 2023 compared with 2022. Real estate prices for an equivalent comparison for buildings for seasonal and secondary use fell by just more than 11 percent. The price of agricultural real estate fell by almost 5 percent in 2023. In a somewhat longer perspective, a comparison between 2013 and 2023 shows that prices have increased by between 47 percent and 67 percent for the three real estate categories. The figure below illustrates how prices in the various real estate categories have evolved since 1990 in relation to the consumer price index.
Buyer and seller by age
The average age of buyers of a one- or two-dwelling building for permanent living is 40 years and the average age of sellers is 55 years. The figure below shows that most buyers are in the age group 30-34 years, followed by 35-39 years and 25-29 years. Most sellers are in the age group 50-54 years, followed by 55-59 years and 45-49 years. The age group distribution is more even among sellers of one- or two-dwelling buildings for permanent living than among buyers. A majority of buyers were in the younger age groups.
Next publishing will be
Feel free to use the facts from this statistical news but remember to state Source: Statistics Sweden.