Sales of tenant-owned flats 2019 and 2020
Sales of tenant-owned flats amounted to SEK 291 billion
Statistical news from Statistics Sweden 2021-07-01 9.30
In 2020, 115 700 tenant-owned flats were sold for a total value of SEK 291 billion. The average price for a tenant-owned flat rose by 9 percent, from SEK 2.318 million in 2019 to SEK 2.516 million in 2020.
In the three metropolitan areas (Greater Stockholm, Greater Gothenburg, Greater Malmö), the total turnover was almost SEK 222 billion, which represents 76 percent of the total sales value. In Greater Stockholm the turnover was SEK 163 billion, which represents 56 percent of the total turnover in Sweden. The corresponding figure in Greater Gothenburg was SEK 35 billion and 12 percent, and in Greater Malmö it was more than SEK 23 billion and 8 percent.
Sales of tenant-owned flats increased in 2020
In 2020, 115 705 tenant-owned flats were sold, which is 8 219 more sales than in 2019. Among all tenant-owned flats sold in 2020, more than half (more than 57 percent) of the sales were made in the metropolitan areas (Greater Stockholm, Greater Gothenburg and Greater Malmö). Greater Stockholm accounted for 37 percent of all sales, Greater Gothenburg accounted for 10 percent and Greater Malmö accounted for 10 percent.
Large regional differences in price
In 2020, the average purchase price of a tenant-owned flat was just over SEK 2.5 million. However, there are large regional differences. The most expensive tenant-owned flats were located in Stockholm County, where the average price was just under SEK 3.8 million, while tenant-owned flats for the lowest prices were located in Västernorrland County, where the average price was SEK 862 000.
The table below shows the number of sales, mean prices and median prices for 2019 and 2020 by county, metropolitan area, rest of the country, and the country as a whole.
| County | 2019 [1] | 2019 [1] | 2019 [1] | 2020 [2] | 2020 [2] | 2020 [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 | 38 166 | 3 552 | 2 950 | 43 151 | 3 784 | 3 110 |
| Uppsala | 4 800 | 2 084 | 1 923 | 5 219 | 2 184 | 2 030 |
| Södermanland | 2 419 | 1 332 | 1 200 | 2 621 | 1 418 | 1 300 |
| Östergötland | 3 720 | 1 633 | 1 570 | 3 937 | 1 740 | 1 695 |
| Jönköping | 2 087 | 1 549 | 1 550 | 2 161 | 1 633 | 1 600 |
| Kronoberg | 1 021 | 1 516 | 1 500 | 1 043 | 1 620 | 1 600 |
| Kalmar | 1 513 | 1 034 | 840 | 1 583 | 1 097 | 895 |
| Gotland | 487 | 1 885 | 1 750 | 490 | 2 105 | 1 900 |
| Blekinge | 712 | 1 049 | 850 | 758 | 1 124 | 948 |
| Skåne | 14 714 | 1 768 | 1 530 | 16 042 | 1 898 | 1 665 |
| Halland | 1 645 | 2 163 | 2 075 | 1 676 | 2 258 | 2 150 |
| Västra Götaland | 16 001 | 2 192 | 2 100 | 16 738 | 2 328 | 2 230 |
| Värmland | 2 327 | 970 | 825 | 2 223 | 1 086 | 945 |
| Örebro | 2 354 | 1 220 | 1 200 | 2 430 | 1 337 | 1 325 |
| Västmanland | 3 139 | 1 140 | 1 000 | 3 169 | 1 240 | 1 050 |
| Dalarna | 2 734 | 810 | 695 | 2 567 | 938 | 800 |
| Gävleborg | 2 142 | 1 121 | 1 000 | 2 056 | 1 209 | 1 128 |
| Västernorrland | 2 305 | 796 | 655 | 2 334 | 862 | 728 |
| Jämtland | 1 353 | 1 138 | 1 000 | 1 535 | 1 114 | 975 |
| Västerbotten | 2 141 | 1 396 | 1 400 | 2 362 | 1 532 | 1 550 |
| Norrbotten | 1 706 | 1 162 | 1 200 | 1 610 | 1 219 | 1 200 |
| Metropolitan area | ||||||
| Greater Stockholm | 38 166 | 3 552 | 2 950 | 43 151 | 3 784 | 3 110 |
| Greater Gothenburg | 11 287 | 2 785 | 2 520 | 11 890 | 2 931 | 2 645 |
| Greater Malmö | 10 284 | 1 949 | 1 700 | 11 234 | 2 086 | 1 850 |
| Rest of the country | 47 749 | 1 302 | 1 200 | 49 430 | 1 406 | 1 300 |
| Sweden | 107 486 | 2 318 | 1 950 | 115 705 | 2 516 | 2 100 |
[1] Figures for 2019 are definitive. [2] Figures for 2020 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 2020 are calculated using preliminary material while figures for 2019 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 extremely expensive, 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 difficult 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 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 lower regional level
Reports on municipality, parish or district level 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.