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The Real Estate Market During the Second Week of November 2023

Real Estate Exchange - Real Estate Index

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Reported by: Muhammad Jamous: Real Estate Exchange for the second week of November 2023 showed that the number of transactions reached 5,074, with a total value of 6 billion riyals.

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Real Estate Exchange Summary

Number of transactions: 5,074.

Transaction value: 6 billion riyals.

Area traded: 18,400 square meters.

Highest price: 22,727 riyals/m2.

Average price: 326.246 riyals/m2

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Most Active Neighborhoods:

Arid Riyadh

Number of Transactions: 95 transactions.

Value: 35.311 million riyals.

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Al-Khair Neighborhood, Riyadh

Number of transactions: 90.

Value: 75.84 million riyals.

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Al-Narges Neighborhood

Number of transactions: 68.

Value: 222.3 million riyals.

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East Riyadh

Number of transactions: 68.

Value: 33 million riyals.

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Al-Ramal District – Riyadh

Number of transactions: 63.

Value: 83 million riyals.

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Real Estate Exchange: Riyadh Region Most Traded

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1,958

Number of transactions

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3.26 billion riyals

Transaction value

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8,105,914

Square meters of traded area

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22,727

Riyals/square meter (highest price)