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Sales of tenant-owned flats 2022 and 2023

Sales of tenant-owned flats amounted to SEK 247 billion

Statistical news from Statistics Sweden 2024-06-27 8.00

In 2023, 91 568 tenant-owned flats were sold for a total value of SEK 247 billion, this is more than SEK 53 billion or almost 18 percent lower than in the previous year. The average price for a tenant-owned flat fell by almost 3 percent, from SEK 2.771 million in 2022 to SEK 2.696 million in 2023.

In the three metropolitan areas (Greater Stockholm, Greater Gothenburg, Greater Malmö), the total turnover was SEK 189 billion, which represents 77 percent of the total sales value. In Greater Stockholm the turnover was more than SEK 140 billion, which represents 57 percent of the total turnover in Sweden. The corresponding figure in Greater Gothenburg was SEK 28 billion and more than 11 percent, and in Greater Malmö it was SEK 20 billion and 8 percent.

Total sales of tenant-owned flats 2000–2023, SEK billions
Sales of tenant-owned flats 2022 and 2023

Sales of tenant-owned flats decreased in 2023

In 2023, 91 568 tenant-owned flats were sold, which is 16 785 less sales than in 2022. Among all tenant-owned flats sold in 2023, more than half (58 percent) of the sales were made in the metropolitan areas (Greater Stockholm, Greater Gothenburg and Greater Malmö). Greater Stockholm accounted for 38 percent of all sales, Greater Gothenburg accounted for 10 percent and Greater Malmö accounted for almost 10 percent.

Number of tenant-owned flats sold 2000–2023
Sales of tenant-owned flats 2022 and 2023

Large regional differences in price

In 2023, the average purchase price of a tenant-owned flat was SEK 2.7 million. However, there are large regional differences. The most expensive tenant-owned flats were located in Stockholm County, where the average price was SEK 4 million, while tenant-owned flats for the lowest prices were located in Västernorrland County, where the average price was SEK 891 000.

Average price of tenant-owned flats 2000–2023, SEK thousands
Sales of tenant-owned flats 2022 and 2023

The table below shows the number of sales, mean prices and median prices for 2022 and 2023 by county, metropolitan area, rest of the country, and the country as a whole.

Sales of tenant-owned flats in 2022 and 2023

County

2022 [1] 2022 [1] 2022 [1] 2023 [2] 2023 [2] 2023 [2]
  Number of purchases Average purchase price, SEK 1000 Median purchase price, SEK 1000 Number of purchases Average purchase price, SEK 1000 Median purchase price, SEK 1000
Stockholm
40 113 4 121 3 350 34 868 4 027 3 300
Uppsala
5 120 2 426 2 200 4 350 2 271 2 075
Södermanland
2 317 1 627 1 480 2 027 1 484 1 350
Östergötland
3 539 1 911 1 795 2 915 1 722 1 600
Jönköping
2 051 1 833 1 800 1 638 1 652 1 595
Kronoberg
955 1 786 1 700 723 1 656 1 600
Kalmar
1 405 1 262 960 1 297 1 245 920
Gotland
499 2 515 2 300 420 2 413 2 250
Blekinge
747 1 290 1 095 637 1 301 1 070
Skåne
14 593 2 248 1 950 12 333 2 102 1 825
Halland
1 642 2 572 2 405 1 401 2 419 2 300
Västra Götaland
15 712 2 497 2 300 13 059 2 396 2 200
Värmland
2 185 1 277 1 125 1 916 1 172 938
Örebro
2 153 1 463 1 395 1 860 1 319 1 195
Västmanland
3 196 1 412 1 150 2 605 1 327 1 100
Dalarna
2 583 1 031 800 1 800 1 170 950
Gävleborg
1 989 1 316 1 200 1 569 1 209 1 080
Västernorrland
2 237 962 800 1 847 891 705
Jämtland
1 694 1 269 983 1 154 1 499 1 195
Västerbotten
2 248 1 907 1 850 1 876 1 732 1 695
Norrbotten
1 375 1 391 1 335 1 273 1 402 1 300
Metropolitan area
           
Greater Stockholm
40 113 4 121 3 350 34 868 4 027 3 300
Greater Gothenburg
11 049 3 137 2 800 9 372 3 007 2 658
Greater Malmö
10 175 2 448 2 150 8 791 2 305 2 000
Rest of the country
47 016 1 602 1 450 38 537 1 505 1 350
Sweden
108 353 2 771 2 300 91 568 2 696 2 200

[1] Figures for 2022 are definitive. [2] Figures for 2023 are preliminary.

Definitions and explanations

Purchase price calculations in this statistical news are based on statement of earnings information provided to the tax authorities by the tenant-owned housing associations when a purchase/sale of a flat takes place. The sales are only from the second-hand market and not newly built flats. The results for 2023 are calculated using preliminary material, while figures for 2022 are based on definitive material.

What is not included in the statistics?

Some tenant-owned flats are sold for a symbolic (low) price and other tenant-owned flats are exceedingly expensive, particularly in Stockholm. In this report, all transfers of ownership are included regardless of lowest price, but with a highest price of SEK 20 million. However, transfers of ownership that are defined as inheritance, a gift, division of property or similar are not included. Furthermore, only transfers of ownership carried out by physical entities are included, and only where ownership of the whole flat has been transferred.

Price comparisons between years

It should be noted that it is difficult to draw conclusions about the development of prices of tenant-owned flats based on these figures. To draw such conclusions, a better measure than just mean and median prices should be used, as these do not take into account size, location and other factors that can affect the market price. Therefore, no percentage changes are reported here at regional level.

Statistical measure – mean price and median price

Both the mean price and the median price are reported in this statistical news. This is because purchase prices are unevenly distributed. In most regions, there are a number of sales at a very high price, which leads to a high mean value. To highlight this, the median price is also included. The median is the middle value in an ordered set of values. Therefore, this measure is not affected to the same extent as the mean value by extreme values.

Greater Stockholm consists of the whole of Stockholm County.

Greater Gothenburg consists of Ale, Alingsås, Göteborg, Härryda, Kungsbacka, Kungälv, Lerum, Lilla Edet, Mölndal, Partille, Stenungsund, Tjörn and Öckerö municipalities.

Greater Malmö consists of Burlöv, Eslöv, Höör, Kävlinge, Lomma, Lund, Malmö, Skurup, Staffanstorp, Svedala, Trelleborg and Vellinge municipalities.

Reports on a lower regional level (such as municipality, parish or district) can be ordered for a fee by contacting one of the contact persons below.

Feel free to use the facts from this statistical news but remember to state Source: Statistics Sweden.

Statistical agency

Statistics Sweden

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