| World and foreign property news | 10.03.2010 |
International property / World and foreign property news / Apartment sales have increased in Estonia
Apartment sales have increased in Estonia
In February, the number of apartment transactions in the country has soared by 40%, compared to the preceding month.
The reports on this matter with reference to the data provided by the Estonian Land Department.
| City | Change in the number of transactions (January - February 2010), % | Median sales price, € / sq. m. | Change of the median sales prices (January - February 2010), % |
| Tallinn | 20 | 889 | 1,0 |
| Tartu | 24 | 714 | 3,9 |
| Parnu | -50 | 631 | 6,7 |
| Narva | 50 | 265 | 4,6 |
We would like to remind you that in January the number of transactions with apartments in Tallinn have declined, by 29.7% compared with December, according to the Pindi Kinnisvara company, while the average cost of a transaction has increased by 4.5%.
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