Duplex Apartment Sold for 1.35 Million Shekels in Nesher Among Varied Housing Prices Across Israel

The annual housing price index released last week by the Central Bureau of Statistics (CBS) showed a 2% decline, marking the sharpest drop in eight years. Additionally, the consumer price index for June lowered the annual inflation rate to 1.6%, after remaining unchanged previously.

Recent real estate transactions across various Israeli cities illustrate diverse market prices. In Beersheba, a 3-room apartment of 85 square meters on the third floor sold for 870,000 shekels, while a 5-room apartment of 162 square meters with a balcony, parking, and shelter in the Sigliot neighborhood sold for 1.75 million shekels. In Ofakim, a 4-room private house on a 292 square meter plot sold for 1.41 million shekels.

In Kiryat Gat, a 3-room apartment of 68 square meters with an elevator sold for 1.03 million shekels, and in Kiryat Malakhi, a 5-room apartment of 113 square meters sold for 1.46 million shekels. Shoham saw a 5-room garden duplex of 129 square meters with a 37 square meter garden, parking, and shelter sell for 4.15 million shekels.

In Bat Yam, a 4-room apartment of 80 square meters with elevator and parking sold for 2.275 million shekels, and a 5-room apartment of 95 square meters with a sun balcony, elevator, parking, and shelter sold for 2.313 million shekels. Ramat Gan featured a 3-room penthouse of 115 square meters sold for 2.72 million shekels and a 4-room apartment of 87 square meters sold for 2.3 million shekels.

In Harish, a 4-room apartment of 105 square meters with a balcony, elevator, parking, and shelter sold for 1.31 million shekels, while a 5-room apartment of 128 square meters with similar amenities sold for 1.505 million shekels. Notably, in Nesher, a 5-room duplex apartment of 110 square meters on the second floor sold for 1.35 million shekels. In Kiryat Yam, a 5-room apartment of 130 square meters on the third floor sold for 1.5 million shekels.

The data was compiled with contributions from the RE/MAX and Anglo-Saxon real estate networks.