Estonian Real Estate Market review, August 2020

In the real estate market, August continued to carry the spirit of July – the epidemic of coronavirus started to fade from the minds of people or they simply stopped paying much attention to it. Transaction activity increased and the people who were waiting for a larger price drop went through a disappointing month. However, …

Estonian Real Estate Market review, July 2020

Recovery of the real estate market that started immediately after the restrictions were eased in May and June continued as the next logical step also in July. In July, 1784 apartment transactions were concluded in all Estonia, which was 290 (i.e. nearly one fifth) more than in June. There is still some distance to cover …

Estonian Real Estate Market review, June 2020

Regardless of the fact that there were holidays in the middle of a business week and in spite of the heat wave across Estonia, the number of real estate transactions continued to increase in June. According to the Land Board, 11% more apartment transactions were concluded in comparison to May. Thus, the number of transactions …

Estonian Real Estate Market review, May 2020

The end of the emergency situation and lifting of many restrictions brought along a rise in the real estate market in May, as predicted and anticipated. According to the initial information, the rise was not as fast as predicted but this time we are even happy for small victories, as the scars of the emergency …

Estonian Real Estate Market review, April 2020

If the market overview of March already mentioned the impact of the emergency situation in the second half of the month, the statistics of April transactions was fully impacted by it. However, in the last week of the month, increased activity could be senses, which hopefully will have a positive influence on the next months, …

Estonian Real Estate Market review, March 2020

The overview of real estate market in March cannot escape the topic of coronavirus COVID-19 outbreak which started to influence the market considerably from the second half of the month. Estonian Real Estate Market in March 2020 As the majority of transactions had already been agreed, no big decline in the number of transactions can …

Estonian Real Estate Market review, December 2019

December has ended and we have once again a reason to create a yearly summary of the real estate market. On the one part, December was the quietest month of the second half-year (1,783 sales-purchase transactions), on the other part, however, the month with the highest transaction prices (median price 1,558 €/m2). Estonian Real Estate …

Estonian Real Estate Market review September 2019

2096 sales-purchase transactions of apartment ownerships were concluded in September. Even though according to common logic September seems to be a rather quieter month, as it is associated with the end of summer holidays and the beginning of school, the reality is far more pragmatic and transactions previously agreed are carried out regardless of new …