The calculations of purchase price in this press release are based on statement of earnings information provided to the tax authorities by the tenant-owned housing associations when a purchase/sale of a flat takes place. The sales are only from the second sale market and not new build flats. The results for 2011 are calculated using preliminary material while figures for 2010 are based on definitive material.
What do the statistics not include?
There are tenant-owned flats sold at a symbolic (low) value, as well as tenant-owned flats that are extremely expensive, particularly in Stockholm. Statistics Sweden has decided in this report to include all transfers of ownership regardless of lowest price but with a highest price of SEK 20 million. However, transfers of ownership that are due to inheritance, gift, division of property or similar are not included. Furthermore, only transfers of ownership carried out by physical entities are included, and only where ownership of the whole flat has been transferred.
Price comparisons between years
It should be noted that it is risky to draw conclusions about the development of prices of tenant-owned flats based on these figures. In order to draw such conclusions, better measurements than solely mean and median prices should be used, as these do not taken into account size, location and other factors that can affect market price. However, a square metre price cannot be calculated because data on size/area are not available. No percentage changes are therefore reported here on a lower regional level.
Statistical measurement – mean price and median price
Both mean price and median price are reported in this press release. This is because purchase prices have a very uneven distribution. In most regions, there are a number of sales at a very high price, meaning that the mean value is high. In order to make this clear, we also report the median price. The median is the middle value of an ordered set of values. This measurement is therefore not affected as much as the mean value by extreme values.
- Greater Stockholm consists of the whole of Stockholm County.
- Greater Gothenburg consists of Ale, Alingsås, Göteborg, Härryda, Kungsbacka, Kungälv, Lerum, Lilla Edet, Mölndal, Partille, Stenungsund, Tjörn and Öckerö municipalities.
- Greater Malmö consists of Burlöv, Eslöv, Höör, Kävlinge, Lomma, Lund, Malmö, Skurup, Staffanstorp, Svedala, Trelleborg and Vellinge municipalities.
Reports on a lesser regional level (municipality or parish) can be ordered for a fee by contacting one of the contact persons below.