Real Estate Index: Data from Real Estate Exchange that 23,588 transactions were completed last October across the region, with a total value of 27.58 billion riyals, with a total traded area of 116 million square meters. The average price was 238 riyals per square meter, while the highest price reached 192,043 per square meter.

Real Estate Transactions in October

Number of transactions: 23,588 real estate transactions.

Value of transactions: 27,580,675,181 riyals.

Area traded: 115,796,422 square meters.

Highest price: 192,043 riyals per square meter.

Average price: 238.182 riyals.

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The Al-Narges neighborhood in Riyadh was the most active neighborhood during the month, with the following results:

Transaction value: 747,591,944 riyals

Number of transactions: 325.

Area traded: 121,104 square meters.

Average price: 6,173 riyals