Homes in prefab Socialist era projects sold the fastest: taking 79 days from the time of listing, around 21 days more than a year earlier. Brick homes took 93 days to sell, compared to 91 days a year before. The time to sell detached family homes grew by two weeks to 150 days.
Homes in prefab projects took 72 days to sell on the Buda side of the capital compared to 90 days in the agglomeration areas and smaller towns.
Resale detached family homes could be sold in Buda in 114 days on average, in Pest county and the outer districts of Budapest in 140 days, and in smaller settlements in 160 days.
In county seats brick homes could be sold in 84 days, in the inner districts of Budapest in 90 days, and ins smaller cities in 110 days.
Producing journalism that is worthy of the name is a costly business. For over 30 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.
