
22 Mar 2023
Price growth in Istanbul in February 2023 for private households
· Prices of Villas and Detached Houses for Sale in Istanbul
As of the end of February 2023 in Istanbul, the prices of detached houses and villas for sale increased by 125.60%. While the average prices of villas and detached houses for sale with the same characteristics are 13,103,988 TL, the average size of villas and detached houses for sale is 307 square meters.
· Average Turnaround Time in Istanbul 25 Years
The average square meter unit price of detached houses and villas for sale in Istanbul is 42,684 TL as of the end of February 2023. Detached houses and villas for sale with the same features have a payback period of 25 years.
· Districts with the Highest Rising Housing Prices in Istanbul
Considering the annual averages, as of the end of February 2023, the districts that gained the highest value in the province of Istanbul for villas and detached houses were Sancaktepe, Gaziosmanpaşa, Ümraniye, Fatih, Esenyurt, respectively.
· Districts with the Least Rising Housing Prices in Istanbul
Considering the annual averages, as of the end of February 2023, the districts that gained the least value in Istanbul for villas and detached houses were Bağcılar, Adalar, Beşiktaş, Küçükçekmece and Kartal, respectively.
· Counties With The Fastest Earnings In Istanbul
Considering the amortization periods, the districts with the fastest returns in Istanbul as of the end of February 2023 were Zeytinburnu, Beyoğlu, Fatih, Şişli, and Çatalca, respectively.
· Lowest Earning Districts in Istanbul
Considering the amortization periods, as of the end of February 2023, the districts with the latest returns in Istanbul were Ataşehir, Ümraniye, Kadıköy, Kartal and Üsküdar, respectively.
