Israeli Real Estate Market Sees Varied Sales Prices Across Cities
Translated & summarized from Calcalist by baba
Apartment sales across Israel show varying prices, with a 3-room unit in Rishon Lezion's Neot Shiqma selling for 1.84 million shekels. In Harish, 5-room apartments ranged from 1.25 to 1.59 million shekels, while Beer Sheva saw prices from 925,000 to 1.43 million shekels for 3 and 4-room units. Ofakim recorded a 5-room sale at 1.735 million shekels, and Haifa had a 5-room sale at 1.25 million shekels. The data highlights the impact of features like safe rooms and parking on property values.
The story in 6 lines · by baba
- A 3-room apartment in Rishon Lezion sold for 1.84 million shekels.
- In Harish, 5-room apartments sold for prices between 1.25 and 1.59 million shekels.
- Beer Sheva saw 3 and 4-room apartments sell for between 925,000 and 1.43 million shekels.
- An Ofakim 5-room apartment with parking and a safe room sold for 1.735 million shekels.
- A 5-room apartment in Haifa sold for 1.25 million shekels.
- Safe rooms and parking were noted features influencing apartment sale prices.
Recent real estate transactions across Israel reveal a range of prices for apartments, with features like safe rooms (ממ"ד) and parking significantly influencing value. In Rishon Lezion's Neot Shiqma neighborhood, a 73-square-meter, 3-room apartment on Elkabetz Street sold for 1.84 million shekels. This apartment, located on the third floor of a 10-story building, included a safe room and parking.
In Harish, a 112-square-meter, 5-room apartment on Rakafet Street, featuring a 12-square-meter balcony, safe room, and parking, sold for 1.59 million shekels. Another 4-room apartment on Zait Street in Harish, measuring 96 square meters with a 12-square-meter balcony, safe room, and parking, was sold for 1.31 million shekels. A 78-square-meter, 3-room apartment on Haveruta Street in Harish, also equipped with a balcony, safe room, and parking, fetched 1.25 million shekels.
Beer Sheva saw a 75-square-meter, 3-room apartment on Avraham Avinu Street in Neighborhood D sell for 985,000 shekels. A larger 4-room apartment in the Park neighborhood on Naḥal Perat Street, spanning 140 square meters with a 14-square-meter balcony, safe room, and parking, sold for 1.43 million shekels. Other sales in Beer Sheva included a 79-square-meter, 3-room apartment on Wingate Street in Neighborhood G for 925,000 shekels, and a 3.5-room apartment on Hatzvi Street in Neighborhood E for 1.1 million shekels.
In Ofakim, a 150-square-meter, 5-room apartment on Taltlan Street with two balconies, parking, and a safe room sold for 1.735 million shekels. Haifa recorded a sale of a 120-square-meter, 5-room apartment on Zalman Aran Street for 1.25 million shekels. These sales were reported by real estate agencies including RE/MAX Ha'ir Ha'hadasha, RE/MAX Center, RE/MAX Plus, and Anglo-Saxon.
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