Unique insight into the Amsterdam housing market

Amsterdam housing market

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Current house prices on the housing market in Amsterdam

The housing market in Amsterdam does not seem to have calmed down yet. Overbidding appears to have become the norm and house prices continue to rise. However, our data reports provide a unique insight into the Amsterdam housing market. By combining our extensive knowledge of the Amsterdam housing market with this up-to-date data, we can guide your sales process like no other.

Amsterdam housing market The 5 main pillars

To provide you with the right and best advice, we use data regarding the 5 most important keydata. We are the authority when it comes to data of the Amsterdam housing market. Why do we claim to be the authority on data of the Amsterdam housing market? We are the only real estate agent in Amsterdam that provides quarterly insight into market data for your region through our quarterly reports. But we now take it a step further by providing you with actual and unique market data of Amsterdam in its entirety. The graphs are snapshots, the figures are 100% up to date!

1. WHAT IS THE AVERAGE SQUARE METRE PRICE IN AMSTERDAM?

The average price you currently pay for one square meter in Amsterdam is €7739, according to the latest figures. Last year around this time, you paid an average of €7087 for one square meter in Amsterdam. That's a difference of 9.2% compared to the previous year.


The price per square meter in Amsterdam
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2.HOUSE PRICES AMSTERDAM' WHAT DO YOU PAY ON AVERAGE?

Buying a home in Amsterdam? The actual average of house prices is currently €690978. This time last year, the price you paid for a house in Amsterdam was still €689260. A difference of 0.2%.



What do you pay on average in Amsterdam Chart
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3. HOW MANY HOUSING TRANSACTIONS HAVE BEEN MADE IN AMSTERDAM THIS YEAR?

So far in 2022, the number of housing transactions in Amsterdam are 793. Last year on this date the number of housing transactions was 930. The number of transactions shows how busy the housing market is compared to last year. Currently the supply is so low that the number of transactions lags behind last year.


Number of housing transactions in Amsterdam Chart
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4.WHAT IS THE AVERAGE OUTBID IN AMSTERDAM?

In 2022, the average price paid for a house in Amsterdam will be 107.3% of the asking price. Last year in the same period, 107.6% of the asking price was paid for a house in Amsterdam. Overbidding is and will remain the norm.

Percentage of houses outbid in Amsterdam graph
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5.WHAT IS THE AVERAGE TURNAROUND TIME IN AMSTERDAM?

The average lead time for a home on the Amsterdam housing market is 31 days this year. Last year it was about 31 days. Houses are for sale for a shorter period than usual. This is partly due to the pressure on the housing market. It is common knowledge that there is a large shortage of houses.


Average number of houses outbid in Amsterdam Chart
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Calculating the value of your house?

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BUYOUT PROTECTION GOOD FOR THE HOUSING MARKET IN AMSTERDAM?

The laws and regulations regarding the buy-out protection (which will apply from 1 January 2022) will have a dampening effect on the Amsterdam housing market. For example, the buyer is not allowed to rent out the property for the first four years, provided it was already a rental property. This will deter investors, as it were. It will become more attractive to buy a house and live in it. Because investors are excluded, we expect house prices to rise less in the coming calendar year.

TIGHTNESS ON THE AMSTERDAM HOUSING MARKET

The shortage on the housing market in Amsterdam continues to be a problem. The NOS wrote this earlier in 2021. Amsterdam is a hip city. It is very popular with students and city dwellers. There is simply more demand than supply. People are pushing. We see the number of viewings increasing, accompanied by high overbids. In general, prices in Amsterdam are still higher than in the rest of the Netherlands. You pay a higher square metre price in Amsterdam than elsewhere in the country. Yet many people want to live in and around Amsterdam. We therefore believe that this housing shortage will not diminish in the coming years.

Insight into the Amsterdam housing market

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ADDITIONAL CHANGES TO THE TRANSFER TAX

Since 1 January 2021, buyers under the age of 35 are exempt from transfer tax when buying their first home. This makes buying a house more attractive for starters. Above 35, you pay 2% and investors pay 8% transfer tax.

As of 1 January 2022, you will not have to pay this rate if you have to abandon the purchase due to unforeseen circumstances. In this way, the government ensures that the transfer tax is even fairer.

In addition, housing corporations and project developers are also exempt from transfer tax when they buy VoV (sale on conditions) houses. When they buy these houses, they get considerably high discounts and are obliged to resell them to starters or people with a lower income. In this way, the government is directly ensuring that homes become more affordable for private individuals.

Real estate transfer tax amsterdam changes

HOW WE DISTINGUISH OURSELVES AS AN NVM BROKER IN THE AMSTERDAM HOUSING MARKET

We distinguish ourselves as NVM real estate agents by our unique data reports of the Amsterdam housing market. As estate agents, we comply with various strict training and quality requirements. The association of NVM brokers has about 4000 members. Also within this group of brokers, we distinguish ourselves by our data-oriented approach. Together with another 54 estate agents, we are members of Qualis.

Amsterdam housing market; Curious about the numbers in your neighbourhood?

Housing market figures