Blog
Date: 9 April 2020

Buying a house in Amsterdam in the Corona era

Part of the house searchers drop out 

We see a reduction in the number of seekers who want to buy a house or flat in Amsterdam. The uncertainty about their (own) company or flexible contract leads some people to put their search on hold for the time being. So we see a certain drop in demand. However, the number of applicants per house was extremely high during the past quarter, so this correction need not directly hurt the market.

Sudden wave of new supply

A large number of sellers have decided to bring forward the sale of their house or flat in Amsterdam. This provides opportunities! We have been able to make quite a few of our seekers happy in recent weeks by purchasing their dream home!

Price drop due to Coronavirus?

In the lower segment up to €450,000, we are still seeing a lot of pressure on prices with many bids and overbids. Within the ring, prices rose by 3% in Q1 2020 compared to Q4 2019. The segment up to €750,000.- is also still under strong pressure but in the highest segment more balance is starting to emerge. For an extensive housing market analysis of Amsterdam, please see our Blog Housing market Amsterdam first quarter 2020; influence Corona?

See for the price development in the Centre, Old South, Old West, De Pijp, Rivierenbuurt.