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  • Istanbul house prices increased 95%

Istanbul house prices increased 95%

25-11-2021
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Istanbul house prices increased 95%

Home prices rose by 95 percent as the increase in construction costs and the demand for buying homes from citizens of neighboring countries and foreign investors led to an increase in prices.

In a report prepared by the Center for Economic and Social Research at Bahçeşehir University, the ten districts in Istanbul where housing prices rose the fastest were listed.

According to the report, Kadikoy was the area with the highest increase in house prices in Istanbul in October.
 

1- Kadikoy

Price per square meter for sale October 2020 (Turkish lira): 10 thousand 440

For sale per square meter October 2021 price (Turkish lira): 20 thousand 387

Annual change: 95.3 percent

2- Sheila

 

Price per square meter for sale October 2020 (TL): 4 thousand 824

Price per square meter for sale October 2021 (TL): 8 thousand 695

Annual change: 80.3 percent

3- Sariyer

 

Price per square meter for sale October 2020 (TL): 13 thousand 345

Price per square meter for sale October 2021 (Turkish lira): 22 thousand 222

Annual change: 66.5 percent

4- Çatalca

 

Price per square meter for sale October 2020 (TL): 3 thousand 276

Price per square meter for sale October 2021 (Turkish lira): 5 thousand 440

Annual change: 66 percent

5- Avcilar

Price per square meter for sale October 2020 (TL): 3 thousand 744

For sale per square meter price 2021 October (Turkish lira): 6 thousand 200

Annual change: 65.6 percent

6- Besiktas

 

Price per square meter for sale October 2020 (Turkish lira): 11 thousand 244

Price per square meter for sale October 2021 (Turkish lira): 18 thousand 517

Annual change: 64.7 percent

7- Maltepe

Price per square meter for sale October 2020 (TL): 4 thousand 889

Price per square meter for sale October 2021 (Turkish lira): 8 thousand

Annual change: 63.6 percent

8- beykuz

 

Price per square meter for sale October 2020 (TL): 7 thousand 312

Price per square meter for sale October 2021 (Turkish lira): 11 thousand 785

Annual change: 61.2 percent

9- Büyükçekmece

 

Price per square meter for sale October 2020 (TL): 4 thousand 583

Price per square meter for sale October 2021 (Turkish lira): 7 thousand 333

Annual change: 60 percent

10- Uskudar

 

Price per square meter for sale October 2020 (TL): 6 thousand 71

Price per square meter for sale October 2021 (Turkish lira): 9 thousand 677

Annual change: 59.4 percent
 

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