The rise in housing prices in Istanbul continues. Do you know how much the price of your house in Istanbul was a year ago?
According to the Hürriyet Emlak September 2017 Property Index, the average square meter price of the residential properties in Istanbul was 4.800 TL. This means that we pay 480.000 TL in Istanbul to an average house of 100 square meters.
In the past month, ie August 2017, the average square meter price of residential properties for sale was 4,744 TL.
In July 2017 the average price was 4,615 TL.
In June 2017 we paid 4.545 TL to the square meter of the residence in Istanbul.
In May 2017 the average square meter price was 4,444 TL.
In April 2017, the average square meter of residential property for the sale was 4,500 TL in Istanbul.
In March 2017 we have paid 4.519 TL to the square meter of the residence for sale.
In February 2017, the average square meter price for residence for the sale was 4,500 TL.
The average price in January 2017 was TL 4.491.
In December 2016 the average square meter price was 4,400 TL.
So, we gave 435.370 TL to an average house of 100 square meters. This means that in the same period of the past year, the average citizen's house which received a house of 100 square meters from the average of 435.700 TL became 480.000 TL this year.