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
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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
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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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