The residential real estate market in the Riyadh region witnessed a significant slowdown during the second quarter of 2025, after a period of activity and prosperity, as the main indicators showed significant decreases compared to the first quarter of this year, in a development that reflects a state of reluctance in buying and selling decisions in the market.
Data from the real estate exchange and the Ministry of Justice revealed a decline in the value of Riyadh real estate transactions. Data from the Real Estate Exchange and Ministry of Justice revealed that the value of residential real estate transactions in Riyadh decreased by more than 63.5%, falling from 24.5 billion riyals in the first quarter to only 8.95 billion riyals in the second quarter.
Data from the Real Estate Exchange and Ministry of Justice The decline was not limited to the financial value, but also included the number of real estate deals , traded properties and total areas, as the number of deals decreased by 57.5%, from 20,557 deals to 8,740 deals, while the number of traded properties fell by 58.4%, from 21,592 properties to only 8,974 properties.
The number of traded properties fell by 58.4%, from 21,592 properties to 8,974 properties.
The traded area also recorded a significant decrease of 41.8%, falling from 12.57 million square meters in the first quarter to 7.31 million square meters in the second quarter of the year.
The number of properties traded fell by 58.4%, from 21,592 properties to only 8,974 properties.
