Average selling price for Dutch homes surpass €300,000 for first time

Sold sign in front of a home
Sold sign in front of a homePhoto: ArturVerkhovetskiy/DepositPhotos

The average selling price for a home in the Netherlands surpassed the 300 thousand euros mark for the first time in history. In January homes exchanged owners for an average of 302,157 euros, Statistics Netherlands and the Land Registry reported on Tuesday.

Compared to January last year, the price for an owner occupied home increased by 8.7 percent. The housing price increase is picking up. In December homes were 8.4 percent more expensive than the same month the year before.

Compared to the low point on the Dutch housing market in June 2013, homes in the Netherlands were 36 percent more expensive in January. Compared to the peak in August 2008, owner occupied homes were 6.5 percent more expensive.

A total of 15,125 homes were sold last month, a decrease of 6 percent compared to January 2018.