The Saudi real estate market witnessed yesterday, Wednesday, active trading according to daily indicators, as the Real Estate Exchange index recorded 10,283.09 points, an increase of 1.77% compared to the previous days.
Real Estate Market Details
- Number of deals: 1,453 transactions.
- Deal value: Exceeded SAR 1.86 billion.
- Traded Area: Approximately 4,095,588 square meters.
Prices
- Highest price: Prices in some locations recorded SAR 25,539 per square meter.
- Average price: SAR 454 per square meter.
- Lowest price: SAR 1 per square meter.
Best demand and supply
- Best Ask: Real estate applications were recorded at 167 SAR per square meter.
- Best Offer: The best real estate offer was 1 SAR per square meter.
The most traded neighborhoods
Some neighborhoods in various Saudi cities witnessed remarkable activity in the real estate market, most notably:
- Janadriyah, Riyadh
- Al Nazeem, Riyadh
- Alwarud, Taif
- Arid, Riyadh
- Al Khair, Riyadh
The Real Estate Exchange continues to provide valuable indicators that help investors and traders follow market movements and identify opportunities in different regions.
