here is the median price of a house in 2023

here is the median price of a house in 2023
here is the median price of a house in 2023

The Brussels-Capital Region was the most expensive in the country to acquire real estate, but it is in Flanders that prices increased the most in 2023, Statbel, the Belgian statistical office, said on Thursday.

At the Belgian level, median house prices continued to grow in 2023 but to a lesser extent than the previous year, notes Statbel, which published the real estate figures for last year.

So, median house prices closed or half-closed type (i.e. two or three facades) increased by 2%, to 260,000 euros. So-called “open” houses, i.e. four facades, increased by 2.5%, to 369,000 euros. For an apartmentthe median price amounts to 239,000 euros, up 3.9%.

Price of a house in 2023: here is the most expensive region

However, these figures hide strong regional disparities, with the most expensive capital, Wallonia the least expensive and Flanders in between but which experienced the largest price increase last year.

In the region of Brussels-Capital, the median price of a terraced house thus amounts to 495,000 euros (+0.8%). 2023 saw an 18.9% drop in the median price of open houses, for which you still had to pay 932,500 euros. The median price of apartments reached 256,500 euros (+0.8%).

In the south of the country, the median price of a terraced house was 176,000 euros (+0.6%) and of an open house 290,000 euros (unchanged). The median price of apartments increased by 2.9% to reach 180,000 euros. Acquiring an apartment thus becomes more expensive than a closed or semi-closed house.

It is in Flanders that the rise in real estate prices was the strongest. The median price of terraced houses increased by 4.6% to 298,120 euros while that of open houses reached 410,000 euros, an increase of 3.8%. The median price of an apartment reached 245,000 euros (+4.3%).

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