Real estate sales statistics in Turkiye in December 2023

In Türkiye, house sales decreased by 17.5% in 2023 compared to the previous year and became 1,225,926. For the house sales of 2023, İstanbul had the highest share of house sales with 16.2% and 198,739 house sales. The followers of Istanbul were Ankara with 114,432 house sales with 9.3% and İzmir with 65,465 house sales with 5.3%. The provinces with the lowest number of sales were Ardahan with 426, Hakkari with 501 and Tunceli with 970 house sales.

In December, house sales decreased by 33.4% compared to the same month of the previous year and became 138,577. For the house sales of December 2023, İstanbul had the highest share with 17.1% and 23,714 house sales. The followers of İstanbul were Ankara with 11,458 house sales and İzmir with 7,166 house sales with the share of 8.3% and 5.2% respectively. The province with the lowest number of sales was Hakkari with 65 house sales.

Mortgaged house sales decreased by 72.3% in December compared to the same month of the previous year and became 6,42. In 2023, mortgaged house sales decreased by 36.6% compared to the previous year and became 177,748. The share of mortgaged house sales was 4.4% for December 2023 and 14.5% for 2023.

1,831 of mortgaged house sales in December and 53,455 of mortgaged house sales in 2023 were first sales.

Other house sales decreased by 28.8% in December compared to the same month of the previous year and became 132,535. In 2023, other house sales decreased by 13.0% compared to the previous year and became 1,048,178. The share of other house sales was 95.6% for December 2023 and 85.5% for 2023.

First time house sales decreased by 34.2% in December compared to the same month of the previous year and became 51,243. In 2023, first time house sales decreased by 17.5% compared to the previous year and became 379,542. The share of first time sales was 37.0% for December 2023 and 31.0% for 2023.

Second hand house sales decreased by 32.9% in December compared to the same month of the previous year and became 87,334.  In 2023, second hand house sales decreased by 17.5% compared to the previous year and became 846,384. The share of second hand sales was 63.0% for December 2023 and 69.0% for 2023.

House sales to foreigners decreased by 48.1% in 2023 compared to the previous year and became 35,005. House sales to foreigners had 2.9% share of all house sales. Antalya ranked first with 12,702 sales to foreigners in 2023. İstanbul was the second province with 11,229 sales. İstanbul was followed by Mersin with 3,016 sales. 

House sales to foreigners decreased by 67.7% compared to the same month of the previous year and became 2,064. House sales to foreigners had 1.5% share of all house sales. İstanbul ranked first with 796 sales to foreigners. The followers of İstanbul were Antalya with 609 house sales and Mersin with 230 house sales to foreigners.