December 6, 2022

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Most homes sold above asking price last year |  right Now

Most homes sold above asking price last year | right Now

Last year, 73 percent of owner-occupied homes sold above asking price and just under 20 percent sold below, according to research by Statistics Netherlands (CBS) and the Land Registry Thursday. In 2020, just under half of the homes were sold above asking price.

Remarkably, homes are being auctioned all over the country and not just in the big cities as in the past. In 2021, only a few municipalities were sold on average at less than price, especially in expensive municipalities such as Blaricum, Laren and Wassenaar.

There was also an increase in bidding. In seventeen municipalities, homes were purchased 10 percent more than asking price, while in no municipality this has happened in recent years.

The more homes that sell above the asking price, the tighter the housing market. This is also evident from the transaction numbers. In 2014, the house had been on the market for an average of a year and a half, and last year that was on average less than two months. According to CBS, this is the absolute minimum.

The Netherlands Statistics and Land Registry have conducted a stress survey in the owned housing market on behalf of the Ministry of the Interior.

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