Transactions have tapered off because most owners position their property for sale above market prices. On the southern coast, buyers contract for an average of 4% and 10% less per square meter than the advertised price on the north coast.
According to Duna House's Balaton market report, 70% of the demand is for used apartments and houses at a lower price than newly built ones.
Real estate prices are 10% higher per square meter on the north coast than on the south. In terms of advertising prices, the north coast wins the price competition at an average of 17% higher, according to this year's transaction data from the real estate brokerage network.
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