In recent years the situation of the domestic real estate market was highly variable, but it seems this year the long-awaited recovery may arrive.
In April, not only the number of purchases has increased, but the demand has been higher than it was in the last years, and the bargain rates have also decreased. Most of the market participants have confirmed these data, and the Central Statistical Office reported on improving construction tendencies.
Based on the sales figures in March and April it is clear that the sales period of the properties -the number of days spent on the real estate market- has significantly diminished. The rate of decrease is astonishing regarding the fact that these are only the data of the last two months. Examining all the domestic real estate transactions, we can see that in March the average selling time was 192 days, while in April it was 12 % less, only 170 days.
In Budapest, the average improvement of the total value is 21 %, which is quite outstanding. The only negative partial data is the number of sales of the houses in Budapest; in March it was 259 days, while in April it grew up to 279 days.
From all these data we can conclude, that the number of sales can increase significantly during the summer season.
In the festive period, our office opening hours will change.
We wish all our dear customers and partners a Merry Christmas and a Healthy, Happy New Year!
First workday on 3rd of January.
The At-Home Budapest Team
16. dec
Workday
8.30-12.00
17. dec
Workday
8.30-16.00
18. dec
Saturday
Closed
19. dec
Sunday
Closed
20. dec
Workday
9.00-16.00
21. dec
Workday
9.00-16.00
22. dec
Workday
9.00-16.00
23. dec
Workday
9.00-16.00
24. dec
Christmas
Closed
25. dec
Christmas
Closed
26. dec
Christmas
Closed
27. dec
Workday
10.00-16.00
28. dec
Workday
10.00-16.00
29. dec
Workday
10.00-16.00
30. dec
Workday
10.00-16.00
31. dec
Workday
10.00-14.00
Dear Clients and Associates,
At Home Budapest decided to make the responsible choice and restrict it's operation during the outbreak of COVID-19.
We are convinced that it is a choice that benefits everyone's health and will help us get through these difficult times sooner.
In the meantime, many of our services are still available. For those who are interested, give us a call on +36 20 262 7864.
Regarding the property visits in this period, our company offers three different options:
During the visit, the owner and the realtor stay outside while the inquiring party views the property (wearing a mask, rubber gloves, and of course, not touching anything). After the tour, the realtor and the owner answer any emerging questions, all while strictly keeping a 2 meter distance.
We set up an appointment for the property visit, in which the realtor is not physically present - instead, they join the rendezvous via facetime or videochat. The visit itself goes by the same routine as in option 1: the inquiring parties enter alone, all while keeping themselves to the necessary precautions.
The inquiring party is not physically present, instead, our realtor gives a virtual tour via facetime or videochat.
We will do our best to stay healthy and stay safe so we can bounce back to normal as soon as possible - so should you! Wash your hands regularly, disinfect everything, and most importantly, #stayhome!