{"id":3347544,"date":"2026-01-28T11:33:07","date_gmt":"2026-01-28T09:33:07","guid":{"rendered":"https:\/\/uusmaa.ee\/?p=3347544"},"modified":"2026-01-28T11:43:11","modified_gmt":"2026-01-28T09:43:11","slug":"december-market-overview-year-end-reflected-the-past","status":"publish","type":"post","link":"https:\/\/uusmaa.ee\/en\/december-market-overview-year-end-reflected-the-past\/","title":{"rendered":"December Market Overview: Year-End Reflected the Past"},"content":{"rendered":"\n
\"\"<\/figure>\n\n\n\n

December likewise brought no significant surprises to the real estate market – indicators remained within the year\u2019s average ranges, and the secondary market continues to be the main driver.<\/strong><\/p>\n\n\n\n

According to Sten Renar Subat\u0161jus<\/a>, Head of the Analysis Department at Uus Maa Real Estate Agency, December\u2019s figures likely indicated the course and pace at which we will move into the new year. \u201cTransaction activity is not waning and prices are not falling; it remains to be seen how significantly the removal of the tax bracket distortion will begin to amplify this trend in 2026,\u201d said Subat\u0161jus.<\/strong><\/p>\n\n\n\n

Estonian Apartment Market<\/h2>\n\n\n\n

On Tallinn\u2019s<\/strong> apartment market, 705 purchase-sale transactions were completed in December. The number of transactions fell by nearly 16% compared to last year, while remaining at a similar level to November. The median price per square metre increased by less than 1% year-on-year and by less than 1,2% month-on-month \u2013 meaning no major changes. \u201cWhether this is the calm before the storm or whether we will continue on a similar stable course in the new year will likely become clear in the first months of the year,\u201d Subat\u0161jus analysed.<\/p>\n\n\n\n

Tartu\u2019s<\/strong> apartment market also remained subdued in December, hovering near the 100-transaction mark, with 107 transactions. Compared to last year, the number of transactions fell by 26%, while remaining unchanged compared to November. The median price per square metre of apartments decreased by 7% year-on-year and by 9% month-on-month, standing at 2 188 \u20ac\/m\u00b2 in December. \u201cIt is likely that buyers and sellers in Tartu are also taking a wait-and-see approach regarding what the new year will bring,\u201d commented Subat\u0161jus.<\/p>\n\n\n\n

In\u00a0P\u00e4rnu<\/strong>, 45 apartment transactions were concluded in December, which is 15% fewer than a year ago and 12% fewer than in November. The median price also declined \u2013 by over 5% year-on-year and over 10% month-on-month \u2013 falling to near the 1 900 \u20ac\/m\u00b2 level in December. \u201cFor P\u00e4rnu, this was a typical quiet off-season winter month,\u201d noted Subat\u0161jus.<\/p>\n\n\n\n

Narva’s<\/strong> apartment market also showed an average annual result in December in terms of the number of transactions, with 62 deals completed. Compared to the same period last year, nearly 15% more transactions were made, while the level remained the same compared to the previous month. However, the median price recorded the second-highest result of the year, reaching 459 \u20ac\/m\u00b2 in December, which is nearly 19% higher than a year earlier and almost 20% higher than in November. \u201cIn terms of transaction volume, the Narva market appears unchanged, but the strong average median price in December may offer positive hope for the Ida-Viru County market in the new year,\u201d Subat\u0161jus noted.<\/p>\n","protected":false},"excerpt":{"rendered":"

December likewise brought no significant surprises to the real estate market – indicators remained within the year\u2019s average ranges, and the secondary market continues to be the main driver. According to Sten Renar Subat\u0161jus, Head of the Analysis Department at Uus Maa Real Estate Agency, December\u2019s figures likely indicated the course and pace at which …<\/p>\n","protected":false},"author":20,"featured_media":2771341,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[12050,12052,12055,12049],"tags":[],"class_list":["post-3347544","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-property-sales","category-real-estate-market","category-useful"],"acf":[],"yoast_head":"\nDecember Market Overview: Year-End Reflected the Past – Uus Maa Kinnisvarabüroo<\/title>\n<meta name=\"description\" content=\"December likewise brought no significant surprises to the real estate market - indicators remained within the year\u2019s average ranges, and the secondary market continues to be the main driver. According to Sten Renar Subat\u0161jus, Head of the Analysis Department at Uus Maa Real Estate Agency, December\u2019s figures likely indicated the course and pace at which we will move into the new year. \u201cTransaction activity is not waning and prices are not falling; it remains to be seen how significantly the removal of the tax bracket distortion will begin to amplify this trend in 2026,\u201d said Subat\u0161jus.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/uusmaa.ee\/en\/december-market-overview-year-end-reflected-the-past\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"December Market Overview: Year-End Reflected the Past – Uus Maa Kinnisvarabüroo\" \/>\n<meta property=\"og:description\" content=\"December likewise brought no significant surprises to the real estate market - indicators remained within the year\u2019s average ranges, and the secondary market continues to be the main driver. According to Sten Renar Subat\u0161jus, Head of the Analysis Department at Uus Maa Real Estate Agency, December\u2019s figures likely indicated the course and pace at which we will move into the new year. \u201cTransaction activity is not waning and prices are not falling; it remains to be seen how significantly the removal of the tax bracket distortion will begin to amplify this trend in 2026,\u201d said Subat\u0161jus.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/uusmaa.ee\/en\/december-market-overview-year-end-reflected-the-past\/\" \/>\n<meta property=\"og:site_name\" content=\"Uus Maa Kinnisvarabüroo\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/uusmaakinnisvarabyroo\" \/>\n<meta property=\"article:published_time\" content=\"2026-01-28T09:33:07+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2026-01-28T09:43:11+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/uusmaa.ee\/wp-content\/uploads\/2025\/09\/UusMaa22072025-3-scaled.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"2560\" \/>\n\t<meta property=\"og:image:height\" content=\"1667\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Kelly Kalm\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Kelly Kalm\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"December Market Overview: Year-End Reflected the Past – Uus Maa Kinnisvarabüroo","description":"December likewise brought no significant surprises to the real estate market - indicators remained within the year\u2019s average ranges, and the secondary market continues to be the main driver. According to Sten Renar Subat\u0161jus, Head of the Analysis Department at Uus Maa Real Estate Agency, December\u2019s figures likely indicated the course and pace at which we will move into the new year. \u201cTransaction activity is not waning and prices are not falling; it remains to be seen how significantly the removal of the tax bracket distortion will begin to amplify this trend in 2026,\u201d said Subat\u0161jus.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/uusmaa.ee\/en\/december-market-overview-year-end-reflected-the-past\/","og_locale":"en_US","og_type":"article","og_title":"December Market Overview: Year-End Reflected the Past – Uus Maa Kinnisvarabüroo","og_description":"December likewise brought no significant surprises to the real estate market - indicators remained within the year\u2019s average ranges, and the secondary market continues to be the main driver. According to Sten Renar Subat\u0161jus, Head of the Analysis Department at Uus Maa Real Estate Agency, December\u2019s figures likely indicated the course and pace at which we will move into the new year. \u201cTransaction activity is not waning and prices are not falling; it remains to be seen how significantly the removal of the tax bracket distortion will begin to amplify this trend in 2026,\u201d said Subat\u0161jus.","og_url":"https:\/\/uusmaa.ee\/en\/december-market-overview-year-end-reflected-the-past\/","og_site_name":"Uus Maa Kinnisvarabüroo","article_publisher":"https:\/\/www.facebook.com\/uusmaakinnisvarabyroo","article_published_time":"2026-01-28T09:33:07+00:00","article_modified_time":"2026-01-28T09:43:11+00:00","og_image":[{"width":2560,"height":1667,"url":"https:\/\/uusmaa.ee\/wp-content\/uploads\/2025\/09\/UusMaa22072025-3-scaled.jpg","type":"image\/jpeg"}],"author":"Kelly Kalm","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Kelly Kalm","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/uusmaa.ee\/en\/december-market-overview-year-end-reflected-the-past\/#article","isPartOf":{"@id":"https:\/\/uusmaa.ee\/en\/december-market-overview-year-end-reflected-the-past\/"},"author":{"name":"Kelly Kalm","@id":"https:\/\/uusmaa.ee\/en\/#\/schema\/person\/192ae64557f30d880ac795be45773de0"},"headline":"December Market Overview: Year-End Reflected the Past","datePublished":"2026-01-28T09:33:07+00:00","dateModified":"2026-01-28T09:43:11+00:00","mainEntityOfPage":{"@id":"https:\/\/uusmaa.ee\/en\/december-market-overview-year-end-reflected-the-past\/"},"wordCount":436,"publisher":{"@id":"https:\/\/uusmaa.ee\/en\/#organization"},"image":{"@id":"https:\/\/uusmaa.ee\/en\/december-market-overview-year-end-reflected-the-past\/#primaryimage"},"thumbnailUrl":"https:\/\/uusmaa.ee\/wp-content\/uploads\/2025\/09\/UusMaa22072025-3-scaled.jpg","articleSection":["News","Property sales","Real estate market","Useful"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/uusmaa.ee\/en\/december-market-overview-year-end-reflected-the-past\/","url":"https:\/\/uusmaa.ee\/en\/december-market-overview-year-end-reflected-the-past\/","name":"December Market Overview: Year-End Reflected the Past – Uus Maa Kinnisvarabüroo","isPartOf":{"@id":"https:\/\/uusmaa.ee\/en\/#website"},"primaryImageOfPage":{"@id":"https:\/\/uusmaa.ee\/en\/december-market-overview-year-end-reflected-the-past\/#primaryimage"},"image":{"@id":"https:\/\/uusmaa.ee\/en\/december-market-overview-year-end-reflected-the-past\/#primaryimage"},"thumbnailUrl":"https:\/\/uusmaa.ee\/wp-content\/uploads\/2025\/09\/UusMaa22072025-3-scaled.jpg","datePublished":"2026-01-28T09:33:07+00:00","dateModified":"2026-01-28T09:43:11+00:00","description":"December likewise brought no significant surprises to the real estate market - indicators remained within the year\u2019s average ranges, and the secondary market continues to be the main driver. According to Sten Renar Subat\u0161jus, Head of the Analysis Department at Uus Maa Real Estate Agency, December\u2019s figures likely indicated the course and pace at which we will move into the new year. \u201cTransaction activity is not waning and prices are not falling; it remains to be seen how significantly the removal of the tax bracket distortion will begin to amplify this trend in 2026,\u201d said Subat\u0161jus.","breadcrumb":{"@id":"https:\/\/uusmaa.ee\/en\/december-market-overview-year-end-reflected-the-past\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/uusmaa.ee\/en\/december-market-overview-year-end-reflected-the-past\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/uusmaa.ee\/en\/december-market-overview-year-end-reflected-the-past\/#primaryimage","url":"https:\/\/uusmaa.ee\/wp-content\/uploads\/2025\/09\/UusMaa22072025-3-scaled.jpg","contentUrl":"https:\/\/uusmaa.ee\/wp-content\/uploads\/2025\/09\/UusMaa22072025-3-scaled.jpg","width":2560,"height":1667},{"@type":"BreadcrumbList","@id":"https:\/\/uusmaa.ee\/en\/december-market-overview-year-end-reflected-the-past\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Uus Maa kinnisvarab\u00fcroo","item":"https:\/\/uusmaa.ee\/en\/"},{"@type":"ListItem","position":2,"name":"December Market Overview: Year-End Reflected the Past"}]},{"@type":"WebSite","@id":"https:\/\/uusmaa.ee\/en\/#website","url":"https:\/\/uusmaa.ee\/en\/","name":"Uus Maa Kinnisvarab\u00fcroo","description":"Turuliider Uus Maa Kinnisvarabüroo – 30 aastat rahulolevaid kliente","publisher":{"@id":"https:\/\/uusmaa.ee\/en\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/uusmaa.ee\/en\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/uusmaa.ee\/en\/#organization","name":"Uus Maa","url":"https:\/\/uusmaa.ee\/en\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/uusmaa.ee\/en\/#\/schema\/logo\/image\/","url":"https:\/\/uusmaa.ee\/wp-content\/uploads\/2024\/05\/UM_base_logo_color_215x33px.svg","contentUrl":"https:\/\/uusmaa.ee\/wp-content\/uploads\/2024\/05\/UM_base_logo_color_215x33px.svg","width":215,"height":33,"caption":"Uus Maa"},"image":{"@id":"https:\/\/uusmaa.ee\/en\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/uusmaakinnisvarabyroo","https:\/\/www.linkedin.com\/company\/uus-maa-kinnisvarab-roo","https:\/\/www.youtube.com\/user\/uusmaa20"]},{"@type":"Person","@id":"https:\/\/uusmaa.ee\/en\/#\/schema\/person\/192ae64557f30d880ac795be45773de0","name":"Kelly Kalm","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/aa091c8e82238afef5b4633d45a593395059fdd56138c0f15344af17b18d591e?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/aa091c8e82238afef5b4633d45a593395059fdd56138c0f15344af17b18d591e?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/aa091c8e82238afef5b4633d45a593395059fdd56138c0f15344af17b18d591e?s=96&d=mm&r=g","caption":"Kelly Kalm"},"url":"https:\/\/uusmaa.ee\/en\/author\/kelly\/"}]}},"_links":{"self":[{"href":"https:\/\/uusmaa.ee\/en\/wp-json\/wp\/v2\/posts\/3347544","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/uusmaa.ee\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/uusmaa.ee\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/uusmaa.ee\/en\/wp-json\/wp\/v2\/users\/20"}],"replies":[{"embeddable":true,"href":"https:\/\/uusmaa.ee\/en\/wp-json\/wp\/v2\/comments?post=3347544"}],"version-history":[{"count":3,"href":"https:\/\/uusmaa.ee\/en\/wp-json\/wp\/v2\/posts\/3347544\/revisions"}],"predecessor-version":[{"id":3347806,"href":"https:\/\/uusmaa.ee\/en\/wp-json\/wp\/v2\/posts\/3347544\/revisions\/3347806"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/uusmaa.ee\/en\/wp-json\/wp\/v2\/media\/2771341"}],"wp:attachment":[{"href":"https:\/\/uusmaa.ee\/en\/wp-json\/wp\/v2\/media?parent=3347544"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/uusmaa.ee\/en\/wp-json\/wp\/v2\/categories?post=3347544"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/uusmaa.ee\/en\/wp-json\/wp\/v2\/tags?post=3347544"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}