The apartment in the center of Kiryat Bialik was sold after less than 4 months.
Hand transaction analysis 2
66 sq.m. apartment on Dalia Street. Today it is worth NIS 781,000
Photography:
Second hand
Produced by the Department of Special Supplements
A second-hand 3-room apartment in Kiryat Bialik was recently sold for NIS 730,000.
This is a 66 sqm apartment on the third floor out of 4 in a building on Dalia Street in the city center.
According to data from the Yad2 website, the apartment was put up for sale at a asking price of NIS 830,000.
After not being sold for 27 days, the price dropped to NIS 749,000.
Only 86 days later, and a total of 113 days after the initial ad was published, the deal was closed for NIS 730,000 - 12.05% less than the first asking price (NIS 100,000 discount).
According to yadata, the smart calculator from Yad2 for calculating the value of the property, the value of that apartment today is NIS 781,000 (in the range between NIS 748,000 and NIS 814,000), so the sale price is about 7% lower than the market value today.
An analysis of the recent transactions carried out in the neighborhood shows that the prices of 3-room apartments averaged NIS 854,227,000, which further illustrates how relatively low the transaction price was.
The most expensive deal for 3-room apartments was priced at NIS 1,530 million, and the cheapest was sold for NIS 615,000.
Yad2 data also show that most of the demand in the neighborhood is for 4-room apartments (35%), followed by 5-room apartments (26%), 6-room apartments (12%), 3-room apartments (20%), and the rest is divided between 7-room apartments and small 2-room apartments. Rooms.
According to previous transactions, most people interested in buying an apartment in the neighborhood are willing to pay NIS 1.5-1 million for it (55% of total demand), 30% are willing to pay NIS 1-0.5 million for the apartment, and 11% are willing to pay NIS 2-1.5 million.
Produced by the Department of Special Supplements
