Home News Housing snapshot: 10 apartments and houses recently sold across Israel

Housing snapshot: 10 apartments and houses recently sold across Israel

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This is a regular summary of recently bought and sold homes nationwide to keep up with the reality of the Israeli housing market. The information in this article was collected through the Israeli Tax Authority’s Real Estate Investigation Database. This database shows the actual price paid for the property.

Applying these prices to the context, according to Central Statistics Office Ireland, the average price of an apartment in April was NIS 1,757,000 ($ 509,089).

Home prices are up 15.4% from last year, but new homes are attracting premiums and are estimated to rise by about 22%.

1.1. In JerusalemOn Hess Street, The newly completed apartment was sold in April for NIS 4,310,000 ($ 1,347,296). The apartment has 3 rooms covering 82 square meters and is located on the 5th 3rd floor with an elevator, but there is no reserved parking.

2.2. Malchei Yisroel StreetIn the southern town of Kiryat Gat, A four-room apartment sold for NIS 1,050,000 ($ 304,237) in May. The unit is 90 square meters in size and is housed in a building built in 1970. The apartments are on the 3rd floor of a 3-story building and there are 13 other apartments in the building. There is an elevator, but there is no reserved parking.

3.3. In the northern town of KatzlinIn the area near Invar Street Then return to the big park on the edge of the town. The family-sized villa sold for $ 1,650,000 NIS ($ 478,086) in May. The five-room one-story house covers 142 square meters. Built in 2019.

4.4. In Ashdod Abbott Yeschrun RoadIn May, a four-room apartment was sold for NIS 1,560,000 ($ 464,423). The apartment is located on the 3rd floor of an 8-story building with 32 units and an elevator, built in 1990. The unit measures 99 squares and comes with one reserved parking space.

5.5. Hanalkis Street In RospinaA three-room apartment on the edge of the town near Nimrod Lookout Point was sold for NIS 1,300,000 ($ 376,674) in May. The apartment is located on the second floor in a building built in 2013. It measured 156 square meters, the yard measured an additional 178 square meters and allocated parking.

6.6. At Kiryat Arba, A 5-room apartment sold for NIS 1,347,056 ($ 409,190) in April. The apartment is located in a new building, completed this year and covers an area of ​​152 square meters. Located on the ground floor of a five-story building, there are 14 apartments in the building. There is an elevator, but there is no reserved parking.

7. Savyon Street In HarishIn an area still under development, a 97 sqm apartment was sold for NIS 1,515,983 ($ 437,765) in early May. The apartment has 4 rooms in the building along with 29 other apartments completed in 2021. It is on the 6th floor of 10 with an elevator, but there is no reserved parking.

8.8. In NazarethAt Derech Kiryat HaMemshalaA four-room apartment sold for NIS 1,750,000 ($ 524,109) in May in a new development area in the heart of the town. The apartment is 106 square meters and was completed in 2021. Located on the 4th floor of the 7th floor, there are 25 other apartments in the building. There is an elevator, but there is no reserved parking.

9. 3-room apartment On Kedushat Tzion Street At Beitar Illit It sold for NIS 2,405,000 ($ 723,308) in April. The apartment itself is 84 square meters and was built in 2004. However, it is located on the first floor of a three-story building, with a 170-square-meter garden and reserved parking space.

10.10. David Hamerek Street In the center of NetaniaA five-room apartment in a new building sold for NIS 4,300,000 ($ 1,268,062) in May, near the city square and the central beach. The apartment measures 127 square meters on the 18th floor of a 25-story tower.

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