In connection with the outbreak of the pandemic in 2020, the housing markets also changed. Prices for villas and holiday homes soared when foreign vacations were not relevant and distance to the surroundings became a keyword.
The return to a more normal society and also rising interest rates in connection with the inflation surge, however, caused prices to drop sharply. Even if some recovery has taken place, it is still far from the record levels, shows a compilation made by Hemnet.
One county, Kronoberg, stands out as the only one where prices today are at the same level as during the pandemic years.
The largest decline is simultaneously noted on Gotland, 27 percent, followed by Dalarna and Södermanland, 21 and 20 percent, respectively.
"Prices have stabilized and are a good bit below previous peak levels. At the same time, the supply is historically high," writes Erik Holmberg, market analyst at Hemnet in a press release.
The most expensive is not unexpectedly Stockholm County, where an average holiday home costs 3 million kronor, a decline of 370,000 kronor compared to the pandemic's peak levels.
The latest monthly statistics from Swedish Broker Statistics show that over a 12-month period, holiday home prices are virtually unchanged, minus 0.7 percent.
