Property prices for houses in Stockholm continue to rise with an enormous 14% increase in the past year alone. The average price of a house in Stockholm is now just under 5 500 000 SEK (650 283 USD or 583 057 Euro, based on today’s exchange rate). This compares to a national average price of 2 800 000 SEK (331 033 USD or 296 823 Euro) for houses sold in Sweden between May and July of 2016.
The latest property price figures from Statistics Sweden (SCB) are listed below. They show the average house prices in the municipality of Stockholm and surrounding municipalities, which are Stockholm suburbs.
Breakdown of average house prices in the greater Stockholm area
Nacka 7 950 000 SEK
Stockholm 6 895 000 SEK
Täby 6 790 000 SEK
Sollentuna 6 575 000 SEK
Huddinge 5 489 000 SEK
Järfälla 5 058 000 SEK
Haninge 4 419 000 SEK
Botkyrka 4 091 000 SEK
Södertälje 3 528 000 SEK
Source: Dagens Nyheter 2016-08-05
Is there a property bubble in Stockholm?
There has been a lot discussion about whether Stockholm is experiencing a property bubble, fuelled by the enormous increases in prices over recent years and the unbroken trend of rising prices over the past 20 years. Unfortunately there is no simple answer to this question but we will cover the Stockholm property bubble debate and the factors at play in a separate article. Subscribe to our blog or follow us on social media to ensure you don’t miss it.
Interested in buying?
Please don’t hesitate to contact us if you need more detailed information about house or apartment prices for any specific area in Sweden. You may also be interested in availing of our home finding services or property buying consultation service.
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