Average property prices in Hungary
Price of property
The price specified by the advertiser.
Price of property by square metre
We divide the advertiser’s price by the area of the property. This is how we get the sqm prices below which serve as an indicator when comparing several properties with each other.
Property prices of November, 2020 in Hungary
| Date | apartment (brick) | apartment (panel) | apartment (new) | house | building plot | vacation home | garage | comm. / industrial property | office |
| 2020-11-26 | 233,000 HUF 21776 properties | 193,000 HUF 3407 properties | 332,000 HUF 3864 properties | 103,000 HUF 23807 properties | 13,000 HUF 10359 properties | 177,000 HUF 845 properties | 179,000 HUF 197 properties | 157,000 HUF 4124 properties | 138,000 HUF 1530 properties |
Property prices of November, 2020 in Budapest
| Date | apartment (brick) | apartment (panel) | apartment (new) | house | building plot | vacation home | garage | comm. / industrial property | office |
| 2020-11-26 | 900,000 HUF 10758 properties | 584,000 HUF 1311 properties | 1 037,000 HUF 955 properties | 635,000 HUF 2340 properties | 119,000 HUF 535 properties | 917,000 HUF 2 properties | 396,000 HUF 76 properties | 600,000 HUF 678 properties | 634,000 HUF 269 properties |
Our system can list the average property prices
by region and type of property for a day or a given time period
Calculating average property prices in Hungary
The Greale Group handles 100,000 properties on a daily basis. We can calculate average prices by regions and property types based on these properties. We process new calculations each morning, so the average prices may change every day.
Important!
The listed average per square metre prices are calculated from the advertiser’s price and not the actual sales prices!
If we only handle an insignificant number of properties from a given region or type of property, the calculared average price may be very different from prices in other regions or other types of property.
2015 I. quarter analysis – relation of advertiser’s prices to sales price
Panel apartments in the first quater were sold with a buyer’s discount og 2-3% in Budapest, a little higher in other parts of the country, except for Dél-Alföld and Northern-Hungary, where buyers managed to get a discount of 7%.
Brick apartments were sold with a buyers’s discount of 4% in the capital and 5-6% in other parts of the country. For detached houses buyer’s got an average discount of 7% in Buda and 8% in Pest, the same property type waw sold with a 1-2% larger discount in other parts of the country, except for Észak-Alföld, where it was 11% and Dél-Alföld with 13%.
Please calculate the regional average price for me
