The average price of real estate across the kingdom increased by 58%
Last week, the average sale price of properties in Riyadh decreased by 79%, with the real estate market estimating the average at 727 Riyals per meter compared to 3500 Riyals per meter the week before.
Last week, regions of the kingdom recorded the execution of 4,782 real estate transactions
While the average sale price of properties in Riyadh declined, the average across other regions of the kingdom increased by 58%, recording 403 Riyals per meter last week compared to 254 Riyals per meter the previous week.
Last week, regions of the kingdom recorded the execution of 4,782 real estate transactions covering an area of 21.3 million m2 valued at 8.6 billion Riyals with an average price of 403 Riyals per meter, compared to 3,786 transactions the previous week covering 16.3 million m2 valued at 4.141 billion Riyals, with an average price of 254 Riyals per meter.
Last week, Riyadh saw 925 real estate transactions valued at 1.771 billion Riyals
