More apartments sold below asking
Photo: Henrik Montgomery/TT

More apartments sold below asking price as sellers set higher starting prices

Home sellers are setting increasingly higher asking prices and may at the same time be willing to accept lower offers. Pricing in the housing market has changed, according to the housing website Hemnet.

Advertisement

Sellers are setting ever higher starting prices. May prices for both villas and condominiums reached record levels.

But this has instead calmed the wild bidding, at least in general. More and more homes are being sold below the asking price: 34 percent of apartments and 38 percent of single-family homes.

"It is a market that is significantly different today than it was a few years ago. Starting prices are generally set high, which also means that bidding more often goes downwards," says Erik Holmberg, market analyst at Hemnet, in a written comment.

In this story
AuthorTT News AgencyEnglish edition by Sweden Herald, adapted for our readers
Was this useful?

What do you think?

Keep readingmore from Business

All