The real estate market in a week ... 4300 transactions worth 3.2 billion riyals and Jeddah real estate topped

Saudi real estate market records 4.3 thousand transactions worth 3.2 billion riyals with a decline in total value and a rise in prices
الرياض - عقارات الرياض - العاصمة

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Data from the real estate exchange revealed that the Saudi real estate market recorded during last week the implementation of about 4,300 real estate transactions with a total value of about 3. 2 billion riyals, with an average sale price of 148 riyals per meter, compared to 4,172 transactions worth 3.3 billion riyals and an average of 75 riyals per meter in the week before last.2 billion riyals, with an average selling price of 148 riyals per meter, compared to 4,172 transactions worth 3.3 billion riyals and an average of 75 riyals per meter in the week before last.

According to the data, the city of Jeddah led real estate deals, after recording 650 deals worth about 853 million riyals, with an average price of 2,345 riyals per meter, compared to more than one billion riyals in the previous week with an average of 3,346 riyals per meter.
In Riyadh, 321 deals worth nearly 464 million riyals were recorded, with an average price of 1,825 riyals per meter, compared to 343 deals worth 372 million riyals in the previous week, with a higher average price of 2,500 riyals per meter.

Mecca witnessed 139 deals worth more than 135 million riyals, with an average price of 1,829 riyals per meter, compared to 166 deals worth 127 million riyals in the previous week.
In Medina, the number of deals reached 276 deals worth more than 185 million riyals, with an average price of 737 riyals per meter, compared to 191 deals worth 132 million riyals and an average price of 835 riyals per meter in the previous week.

The number of deals reached 276 deals worth more than 185 million riyals, with an average price of 737 riyals per meter.

Dammam recorded 165 transactions worth more than 188 million riyals and an average price of 212 riyals per meter, compared to 141 transactions worth 152 million riyals and an average of 74 riyals per meter in the week before last.
In Abha, 60 transactions worth about 42 million riyals were carried out, at an average price of 1,582 riyals per meter, compared to 69 transactions worth 114 million riyals and an average of 260 riyals per meter in the previous week.

Abha, 60 transactions worth about 42 million riyals were carried out, at an average price of 1,582 riyals per meter.

At the level of the most traded neighborhoods in the Kingdom, Al-Sakkab in Madinah topped the list with 40 transactions, followed by Safa in Jeddah with 38 transactions, Ain Al-Khif in Madinah with 35 transactions, Al-Nuzha in Jeddah with 34 transactions, and finally Al-Salama in Jeddah with 28 transactions.

At the level of the most traded neighborhoods in the Kingdom, Al-Sakkab topped the list with 40 transactions.