Monitored: Mohammed Jamous: Real Estate Exchange data showed that 23,588 transactions were carried out during last October across the region with a value of 27.58 billion riyals, the traded area reached 116 million square meters, the average price was 238 riyals per square meter, while the highest price was 192,043 per square meter.
October real estate deals
Number of deals: 23,588 real estate transactions.
Deal Value: SAR 27,580,675,181.
Area traded: 115,796,422 square meters.
Highest price: SAR 192,043 per square meter.
Average price: 238,182 SAR.
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Real estate deals by regions
Riyadh
Number of deals: 8,988 deals.
Value: 12 billion riyals.
Traded Area: 57,340,268 square meters.
Highest price: SAR 40,000 per square meter.
Average prices: 206.583 per square meter.
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Makkah Region
Number of deals: 4,810 deals.
Value: 1.1 billion riyals
Traded Area: 3,027,125 square meters
Highest price: SAR 154,117 per square meter.
Average price: SAR 2,780 per square meter.
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Qassim region
Number of deals: 1,742 deals.
Value: 8.4 billion riyals
Area traded: 21,836,513 square meters.
Highest price: SAR 6,707 per square meter.
Average price: SAR 53,197 per square meter.
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Eastern Province
Number of deals: 3,329 deals.
Value: 4 billion riyals.
Traded Area: 13,126,726 square meters.
Highest price: 25,670 square meters.
Average prices: 293.369 SAR per square meter.
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Madinah
Number of deals: 800 deals.
Value: .819.2 million riyals
Value: .819.2 million riyals
Area traded: 1,585,719 square meters.
Highest price: SAR 192,043.
Average price: SAR 516,643 per square meter.
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Neighborhoods on the real estate exchange
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The most active neighborhoods during the month
Narjis neighborhood - Riyadh
Number of transactions: 325 transactions.
Transaction value: SAR 747,591,944
Area traded: 121,104 square meters.
Average prices: 6,173 SAR
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Lawsam - Riyadh
Number of operations: 314
Oasis - Jeddah
Number of operations: 305
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Al Khair- Riyadh
Number of operations: 303
Arid - Riyadh
Number of operations: 262
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