Sales of tenant-owned flats 2015 and 2016:
Sales of tenant-owned flats amounted to SEK 227 billion
Statistical news from Statistics Sweden 2017-06-29 9.30
In 2016, 103 000 tenant-owned flats were sold for a total value of SEK 227 billion. The average price for a tenant-owned flat increased by almost 9 percent, from SEK 2 million in 2015 to SEK 2.2 million in 2016.
In the three metropolitan areas (Greater Stockholm, Greater Gothenburg, Greater Malmö) the total turnover was SEK 177 billion, which represents 78 percent of the total sales value. In Greater Stockholm the turnover was SEK 135 billion, which represents 60 percent of the total turnover in the country. The corresponding figure for Greater Gothenburg was SEK 27 billion and 12 percent and for Greater Malmö it was SEK 15 billion and almost 7 percent
Fewer tenant-owned flats sales in 2016
In 2016, the number of sold tenant-owned flats was 103 139, which is 7 000 fewer sales than in 2015. It is worth noting that the number of sales in 2016 was among the top three since the statistics was first published in 2000. Of all the tenant-owned flats sold in 2016, more than half (almost 57 percent) of the sales were made in the metropolitan areas (Greater Stockholm, Greater Gothenburg and Greater Malmö). Thirty-seven percent of all sales were made in Greater Stockholm, ten percent in Greater Gothenburg and nine percent in Greater Malmö.
Large regional differences in price
The average purchase price of a tenant-owned flat in 2016 was SEK 2.2 million. The average price has increased every year from 2000 to 2016, except in 2008. There are large regional differences. The most expensive tenant-owned flats are located in Stockholm County, where the average price was almost SEK 3.5 million, while the lowest prices for tenant-owned flats are found in Västernorrland County, where the average price was SEK 679 000.
The table below shows the number of sales, mean prices and median prices for 2015 and 2016 by county, metropolitan area, rest of the country and the country as a whole.
| County | 2015 [1] | 2015 [1] | 2015 [1] | 2016 [2] | 2016 [2] | 2016 [2] |
|---|---|---|---|---|---|---|
| Number of purchases | Average purchase price, SEK 1000 | Median purchase price, SEK 1000 | Number of purchases | Average purchase price, SEK 1000 | Median purchase price, SEK 1000 | |
|
Stockholm
|
42 067 | 3 247 | 2 750 | 38 445 | 3 518 | 2 985 |
|
Uppsala
|
5 182 | 2 000 | 1 950 | 4 886 | 2 075 | 1 995 |
|
Södermanland
|
2 437 | 910 | 795 | 2 344 | 1 094 | 980 |
|
Östergötland
|
3 605 | 1 208 | 1 150 | 3 352 | 1 384 | 1 350 |
|
Jönköping
|
1 950 | 1 038 | 1 000 | 1 923 | 1 280 | 1 300 |
|
Kronoberg
|
772 | 1 222 | 1 217 | 754 | 1 416 | 1 450 |
|
Kalmar
|
1 505 | 674 | 540 | 1 485 | 830 | 700 |
|
Gotland
|
384 | 1 366 | 1 300 | 346 | 1 599 | 1 548 |
|
Blekinge
|
814 | 704 | 540 | 723 | 806 | 675 |
|
Skåne
|
14 740 | 1 267 | 1 050 | 13 706 | 1 388 | 1 175 |
|
Halland
|
1 326 | 1 564 | 1 510 | 1 326 | 1 806 | 1 750 |
|
Västra Götaland
|
15 693 | 1 732 | 1 600 | 15 201 | 1 940 | 1 810 |
|
Värmland
|
2 223 | 700 | 550 | 2 221 | 820 | 700 |
|
Örebro
|
2 166 | 968 | 840 | 2 167 | 1 096 | 1 095 |
|
Västmanland
|
3 314 | 855 | 750 | 3 155 | 983 | 850 |
|
Dalarna
|
2 156 | 625 | 550 | 2 005 | 734 | 635 |
|
Gävleborg
|
2 138 | 804 | 700 | 1 960 | 948 | 875 |
|
Västernorrland
|
2 620 | 574 | 470 | 2 428 | 679 | 575 |
|
Jämtland
|
1 214 | 890 | 800 | 1 196 | 923 | 900 |
|
Västerbotten
|
2 265 | 1 089 | 1 100 | 2 089 | 1 198 | 1 200 |
|
Norrbotten
|
1 586 | 916 | 780 | 1 427 | 987 | 875 |
|
Metropolitan area
|
||||||
|
Greater Stockholm
|
42 067 | 3 247 | 2 750 | 38 445 | 3 518 | 2 985 |
|
Greater Gothenburg
|
10 682 | 2 311 | 2 100 | 10 445 | 2 560 | 2 340 |
|
Greater Malmö
|
10 245 | 1 429 | 1 245 | 9 442 | 1 579 | 1 375 |
|
Rest of the country
|
47 163 | 990 | 810 | 44 807 | 1 111 | 950 |
|
|
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|
Sweden
|
110 157 | 2 021 | 1 700 | 103 139 | 2 198 | 1 850 |
[1] Figures for 2015 are definitive. [2] Figures for 2016 are preliminary.
Definitions and explanations
The calculations of purchase price in this statistical news 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 2016 are calculated using preliminary material while figures for 2015 are based on definitive material.
What is not included in the statistics?
There are tenant-owned flats sold at a symbolic (low) value, as well as tenant-owned flats that are sold at extremely high prices, particularly in Stockholm. In this report, Statistics Sweden has decided 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 take into account size, location and other factors that can affect the market price. No percentage changes are therefore reported here on a lower regional level.
Statistical measurement – mean price and median price
Both the mean price and the median price are reported in this statistical news. This is because purchase prices have an 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 by extreme values as much as the mean value.
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.
Feel free to use the facts from this statistical news but remember to state Source: Statistics Sweden.