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Used Family Homes Most Difficult to Sell in Q1

Residential

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The sale of used family houses was the most difficult in the first quarter of the year, Otthon Centrum said, according to profitline.hu. 

These properties were on the market for a national average of 185 days, which is 30 days longer than the average of the previous quarter. 

OC added that the average sales time of condominium apartments this year is 120 days, one week longer than the average value of the previous quarter. 

It pointed out that socialist-era panel flats can still be sold the fastest, spending an average of 97 days on the market in the first three months of the year before being sold, which is still two days longer than the national average measured in the previous quarter.

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