This week again there was a slowdown in the volume of transactions, from a total of over 30 transactions last week we dropped to only about 20 transactions this week.
The analysis of the transactions mainly shows stability in the price, to the point of compromising the price on the part of the sellers of the apartments at a price that reaches about NIS 100,000.
This is how Liron Carmon describes the concessionaire and manager of Re/Max New City in Harish.
Recently, a deal was closed in Harish for a five-room apartment on Kalnit Street, with an area of 116 square meters, with a 17 square meter balcony, 1st floor out of 7, parking and an elevator, at a price of NIS 1.85 million.
Carmon says that the apartment was offered for about NIS 1.950 million (R/Max in the new city) and was on the market for four months. Finally, the seller agreed to compromise on the price and dropped it to NIS 1.850 million, as mentioned.
"If last year every price was offensive, today we see that the volume of demand is the same as the supply, and therefore the prices are more balanced, otherwise the sellers are already starting to compromise on the price. For the purpose of the example, a three-room apartment that was also offered at a higher price than the closing price, at NIS 1.460 million, was closed in -1.41 million shekels. In this case, since the small apartments are a rare asset in the city, the ability to bargain is small," Carmon said.
A view from above of the city of Harish (photo: official website, photo - Mor Shikipi Lati)
It seems that we are back to last year's second-hand prices and people are not in a hurry to jump on the horse.
Brokers say that apartment owners return positively to offers from three and four months ago that they refused, but the potential buyers return to the bank and answer in the negative after it becomes clear that the expensive financing added hundreds and thousands of shekels per month to her mortgage.
"Today I would rather put the money in a bank plan and get more than twice the return on an apartment in Tel Aviv," says a veteran housing investor.
Did the sellers compromise on the price in your city as well?
These were the transaction prices last week:
Harish: The view from the apartment that was sold this week for NIS 1.85 million (Photo: Rosana. M. Bresler)
earing
4-room apartment, Rubin Street, 103 square meters, 12 square meters balcony, 3rd floor out of 5, parking, elevator, sold for 1.66 million shekels (Re/Max the new city)
3-room apartment, Reot Street, 78 square meters, 12 square meters balcony, 2nd floor out of 4, parking, elevator, sold for 1.41 million shekels (Re/Max New City)
Beer Sheva
4-room apartment, Hogla Street, neighborhood 5, 100 square meters, 2nd floor out of 3, sold for NIS 915,000 (Re/Max Plus)
3-room apartment, Shaar HaGai Street, neighborhood 9, 80 square meters, floor 5 out of 8, parking, elevator, sold for NIS 970,000 (Re/Max Plus)
3-room ground floor apartment, Talmud Street, neighborhood D, 65 square meters, sold for NIS 610,000 (Re/Max Plus)
4-room apartment, Ophce Kedem St., neighborhood 6, 73 square meters, 1st floor out of 4, sold for NIS 800,000 (Re/Max Plus)
3-room apartment, Yitzhak Reger Street, neighborhood B, 72 square meters, floor 1 of 4, sold for 1 million shekels (Re/Max Plus)
Tel Aviv
4-room apartment, Maafili Agoz Street, Neve Chen neighborhood, 85 square meters, 8 square meters balcony, 2nd floor out of 8, parking, elevator, sold for NIS 2.4 million (Re/Max Ocean)
onyx
Two-family, 5.5 rooms, Yasmin Street, 200 square meters built on a 515 square meter lot, parking, sold for 6.6 million shekels (Re/Max Premium)
degrees
Garden apartment, 3.5 rooms, Ben Gurion Street, 67 square meters, sold for NIS 875,000 (Re/Max Halutzim)
3-room apartment, Ma'ale Habanim Street, 54 square meters, ground floor out of 5, sold for NIS 653,000 (Re/Max Halutz)
Kiryat Malachi
4-room apartment, Moshe Sharet Street, Gali Israel neighborhood, 94 square meters, 3rd floor out of 3, sold for NIS 1.85 million (Re/Max Advances)
3-room apartment, HaBaal Shem Tov Street, Chabad neighborhood, 74 square meters, 3rd floor out of 4, sold for NIS 865,000 (Re/Max Advances)
Lod
5-room duplex, Natan Schwartz Street, 130 square meters, 4th floor out of 4, sold for NIS 1.17 million (Re/Max Success)
4-room apartment, Hashmonaim Street, 87 square meters, 4th floor out of 4, parking, sold for NIS 1.070 million (Re/Max Success)
2.5-room apartment on Hadamouni street in Gani Aviv, 54 square meters + 50 square meters garden, ground floor out of 4, no elevator, parking, sold for NIS 1.25 million (Anglo Saxon Gani Aviv Lod)
For rent:
3-room apartment on Litani Street, 64 square meters, 1st floor of 4 without elevator, parking, rented for NIS 3,000 per month (Anglo Saxon Gardens Aviv Lod)
Real estate
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