Israeli Apartment Prices Show Wide Range Amid Market Slowdown
Translated & summarized from Cursorinfo by baba
The story in 5 lines · by baba
- Israeli apartment market experiences a slowdown in transactions.
- Apartment prices show a wide range across different cities and properties.
- Several specific apartment sales are detailed with prices and locations.
- The average national apartment price increased slightly in early 2026.
- Market development in early 2026 was described as uneven.
Apartment prices in Israel have become highly varied, potentially making property acquisition easier. The Israeli apartment market is experiencing a downturn, marked by a significant decrease in the number of transactions. Despite this trend, some deals were still finalized in late September, according to the Ynet news portal.
In Be'er Sheva, a 50-square-meter, two-bedroom apartment on Yitzhak Reger Street sold for 690,000 shekels. A larger, 105-square-meter four-bedroom unit on Sha'ar Ha'Gai Street was purchased for 940,000 shekels. A 180-square-meter, five-bedroom cottage on Almog Street, situated on a 370-square-meter plot, was acquired for 2.52 million shekels.
Further transactions were reported in Kiryat Gat, where a 70-square-meter, three-bedroom apartment with a 12-square-meter balcony, elevator, safe room (Mamad), and parking on Nahal Ne'eman Street sold for 1.5 million shekels. In Ashdod, a 88-square-meter, three-bedroom residence with a 14-square-meter balcony, Mamad, and parking on Natan Elbaz Street fetched 1.55 million shekels. Another Ashdod sale involved a 128-square-meter, four-bedroom apartment with a 14-square-meter balcony on Ha'Anavim Street, priced at 2.15 million shekels. Additionally, a 157-square-meter, five-bedroom apartment with a 12-square-meter balcony on Afarsemon Street in Ashdod was sold for 2.66 million shekels.
In Harish, a 78-square-meter, three-bedroom apartment on Te'ena Street, equipped with parking and a Mamad, was sold for 1.21 million shekels. Previously, the housing market in the first half of 2026 was described as developing unevenly. According to the Central Bureau of Statistics, the average price of a sold apartment nationwide reached 2.39 million shekels, a 3.9% increase compared to the same period in 2025.
Mentioned
