Home > Statistics > Real estate prices > 2021 > 2nd quarter > Prices of old single-family houses grew by 8.3 per cent in April to June from the previous year

Published: 19 August 2021

Prices of old single-family houses grew by 8.3 per cent in April to June from the previous year

In the second quarter of 2021, prices of old single-family houses rose by an average of 8.3 per cent in the whole country from the previous year. Compared with the previous quarter, prices of old single-family houses increased by 3.1 per cent. These data derive from Statistics Finland’s Index of real estate prices, which is compiled by utilising data from the real estate transaction register of the National Land Survey of Finland. The statistics cover single-family houses located on own plot.

Development of prices in old single-family houses, index 2015=100

In municipalities with over 100,000 inhabitants prices rose by 13.3 per cent from the year before. In municipalities with 60,000 to 100,000 inhabitants prices went up by 8.3 per cent, in municipalities with 20,000 to 59,999 inhabitants by 6.9 per cent and in municipalities with under 20,000 inhabitants by 6.6 per cent.

In the whole country, the average price per square metre for old single-family houses was EUR 1,767 in the second quarter of 2021. The price per square metre was highest in Greater Helsinki, where the price per square metre was EUR 3,728. In municipalities with over 100,000 inhabitants the price per square metre was EUR 2,641 and in municipalities with under 20,000 inhabitants EUR 1,352.

In the second quarter, prices of single-family house plots rose by 15.2 per cent in the whole country from the year before. From the previous quarter, prices of plots increased by 11.4 per cent. The average price per square metre for a single-family house plot was EUR 26.5 and the average size of sold plots was 2,713 square metres.

In the second quarter of the current year, around 5,070 transactions of old single-family houses were made, which is about 36 per cent more than in the corresponding period of last year. In the second quarter of 2021, around 1,590 transactions of single-family house plots were made, which is 76 per cent more than in the second quarter of 2020.

Source: Real estate prices, Statistics Finland

Inquiries: Petri Kettunen 029 551 3558, Anu Rämö 029 551 3450, asuminen.hinnat@stat.fi

Head of Department in charge: Hannele Orjala

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Appendix tables

• Appendix table 1. Price index for old single-family houses, 2nd quarter 2021 (19.8.2021)
• Appendix table 2. Price index for single-family house plots, 2nd quarter 2021 (19.8.2021)

Figures

• Appendix figure 1. Price development for single-family house plots, index 2015=100 (19.8.2021)

Quality descriptions

• Quality description: Real estate prices (19.8.2021)

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Updated 19.8.2021