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Real estate in Haifa: how many apartments were sold in the last year? And what change has occurred in prices?

(haipo) - Haifa is in seventh place in the sale of new apartments.

From data published by the Central Bureau of Statistics (CBS), it appears that Haifa is in seventh place in the sale of new apartments (among the settlements where over 150 apartments were sold).

In the months of July - September 2024, 350 new apartments were sold in Haifa, compared to 279 new apartments sold in the months of April - June 2024 (an increase of 25.4%).

Haifa is regularly in a very high place in terms of the sale of second-hand apartments, when in the months of July - September 2024 it reached the second place in this respect (after Jerusalem), with the sale of 854 second-hand apartments. This is a relatively minor increase, 2.6%, compared to the sale of second-hand apartments in the months of April - June 2024, which stands at 832 apartments.

Naot Peres (Photo: Yaron Karmi)
Naot Peres (Photo: Yaron Karmi)

Another figure published by the Central Bureau of Statistics (CBS) deals with the number of apartments left for sale, according to the division into districts. In September 2024, 8.2% of the apartments remaining for sale in Israel were in the Haifa district. Most of the apartments that remained for sale were in the Tel Aviv District (31.5%) and the Central District (24.1%). In Haifa itself, 1,424 apartments remain for sale, which places it in 11th place compared to other cities in Israel. Tel Aviv-Jaffa leads the list with 8,720 apartments remaining for sale, followed by Jerusalem with 6,352 apartments for sale as of September.

It should be noted that apart from the improvement in the sale of second-hand apartments compared to the previous months, the improvement is also reflected in Haifa's position compared to other cities. If in the months of July September 2024 Haifa was in seventh place in the sale of second-hand apartments, in the months of May - July 2024 Haifa was only in the 15th place in the sale of second-hand apartments with the sale of only 260 apartments (against 350 new apartments in the months of July - September 2024). We can only hope that this trend will continue in the coming months.

High-rise construction in Haifa • Archive (Photo: Yaron Karmi)

Comparison of apartment prices in different cities

A comparison of apartment prices in the 18 largest cities in Israel reveals that the 5 cities where apartment prices are the highest are Tel Aviv (NIS 4,135,400), Herzliya (NIS 3,911,000), Ramat Gan (NIS 3,139,000), Kfar Saba (3,066,000 NIS) and Jerusalem (2,818,000 In contrast, the cities where apartment prices are the lowest are Beer Sheva (1,249,000 NIS), Haifa (1,687,000 NIS) and Ashkelon (1,713,000 NIS). Despite the relatively low prices in Haifa, here too there is an encouraging figure: a comparison between the prices in Haifa in the third quarter compared to the prices in the third quarter last year, reveals that apartment prices in Haifa increased by 14.4% in the year.

contact: At watsapBy email

Michal Grover
Michal Grover
Michal Grover Education reporter • Real estate • Company Contact: 054-4423911 Mail to the container: [email protected]

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6 תגובות

  1. What encourages a 14% annual price increase? Who got a raise and can buy such expensive apartments?? And where is the government that promised to fight price increases???

  2. The Kiryat Eliezer complex in place of the stadium is a cry for generations. A housing complex with poor planning by those who are now the city engineers - which indicates a "failed - previous" method. This is a complex with huge potential to be an urban hub, every apartment could have a view of the sea if they had planned it
    11 stories high instead of XNUMX stories in most of the buildings, if there were commercial facades facing the park and square as a continuation of Mayrhof Square, with a demand from the contractors for underground parking only in the buildings and not above ground, which turned the entire surrounding of the buildings into a parking lot and left a tiny playground in the middle, and parking lots as the view of the apartments .. simply poor and sad planning...

    • Soon a new plan for the slopes of Lincoln will be implemented. It's interesting here. The reaction will be satisfied, or once again the owners of regeneration and the residents of the upper hill will object. What do they say?

  3. Where is there any new construction in the city at all?
    The first photos you brought are of the Kiryat Eliezer complex from the previous decade from Kahlon's plan as part of a tenant price that the winners purchased at roughly half the price of today's market prices.
    And the photos below of construction to height are from the president's level which began to be built about 20 years ago.
    How much new construction is there in Haifa today?
    The city and the residents are desperate for urban renewal in the old neighborhoods, but the municipality and the mayors are delaying it for decades even though there are plans and tens of thousands of desperate tenants who have signed up and are waiting.
    It is not clear why it is written that the figure of an increase in apartment prices is "encouraging"?
    Perhaps encouraging for those who rent apartments, not for those interested in renting/buying an apartment in the city and certainly not encouraging for those interested in upgrading an apartment (because the difference ranges also increase)

    • A figure of rising apartment prices only encourages fools who are happy that the value of their property has increased, without thinking about the future of their children and grandchildren

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