During the third quarter real estate prices for one- and two-dwellling buildings in Sweden increased by 4 percent compared to the second quarter. Compared to the third quarter of 2006 the increase is 11 percent.
The rate of increase appears to have slowed somewhat since prices remained unchanged in September compared to August. However, moderate prices during autumn are not exceptional, so it is too early to interpret this as a trend break or that prices are on the way down.
The greatest increase from the second to the third quarter, 7 percent, occurred in Kronoberg, Halland, Dalarna, Gävleborg and Jämtland county. In two counties (Jönköping and Gotland) prices fell and in two counties (Örebro and Västernorrland) no changes occurred.
Prices up 16 percent in Greater Stockholm in one year
Price development during the last two quarters was quite similar in the three metropolitan areas. In Greater Stockholm and Greater Gothenburg prices rose by 5 percent and in Greater Malmö by 4 percent. In the long-term (one year) though, prices in Greater Stockholm have risen sharply by 16 percent to be compared to 11 and 10 percent respectively in Greater Gothenburg and Greater Malmö.
Average price nearly SEK 1.8 million in Sweden
The average purchase price for a one- and two-dwelling building in Sweden is nearly SEK 1.8 million. In Greater Stockholm the average price is SEK 3.4 million. In Greater Malmö the average price is SEK 2.7 million and in Greater Gothenburg it is 2.6 million. The county with the lowest average price is Västernorrland (SEK 792 000).
Purchase price statistics for the largest municipalities in Sweden can be found here:
Figures for municipalities