House prices in Amstelveen lag behind Amsterdam
House prices in general are rising extremely. Amstelveen house prices have also risen sharply.
Over the past 12 months, square metre prices have risen by 11%, a record! Average transaction prices have also risen sharply to €670,000. The number of transactions is lagging behind with a drop of 14.5% compared to a year ago.
Housing market Amsterdam compared to Amstelveen
If we zoom in on the development in square metre prices, it is striking that the increase in house prices in Amstelveen lags behind those in Amsterdam. In Amsterdam, square metre prices have risen by 17% in one year to €7193 (within the ring road even €8022 per m2).
Amstelveen lags behind with an increase of 11% to a price of €5387 per m2. Proportionally, a house in Amstelveen is therefore cheaper than a house in Amsterdam!
Transaction prices in Amstelveen almost equal to Amsterdam
The explanation for this is that the size of the average house in Amsterdam is 89 m², while in Amstelveen it is 124 m²! It is therefore no wonder that more and more Amsterdammers are looking to Amstelveen as an alternative.
Difference in overbidding Amsterdam and Amstelveen
The average overbidding in Amsterdam is 11%. In Amstelveen the figure was 6%. Compared to Amsterdam, Amstelveen's housing market is therefore less overheated.
Scarcity in Amstelveen housing market
There are currently 304 houses and/or flats for sale in Amstelveen. The number of transactions fell from 283 to 246 compared to last year. So the market in Amstelveen is also desperate for new supply.
Many people are looking for their next home. They want to buy first and only then sell. Because of the reduced supply and the large number of seekers (from Amsterdam, among other places), the chance of success to buy is therefore low.
Housing market figures Amstelveen
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