SALES GRAPHICS MONACO

2017 REAL ESTATE SALES IN MONACO MONTE CARLO

The year 2017 saw the highest recorded number of sales (50) since 2006. However, 84.0% of transactions involved studios or one-bedroom apartments. Sales fell from EUR 453.5 million in 2016 to EUR 228.9 million in 2017, a decrease of 49.5%. After three years marked by major transactions involving properties of four or more bedrooms, in 2017, 62.7 per cent of the total transactions involved properties of one bedroom Evolution du nombre de ventes immobilieres de 2006 a 2017 900x900

 

REAL ESTATE RESALES IN MONACO MONTE CARLO

The number of transactions decreased sharply (-21.9%) and returned to the levels of 2013. All types of apartments are affected by this decline, excluding detached houses (properties that are most often destined to be demolished and rebuilt). The number of transactions involving studio apartments was virtually stable (-0.8%). It represents 29.8% of resales. Transactions involving three-bedroom properties decreased the most (-41.3%).

Evolution du nombre de reventes immobilieres de 2006 a 2017 900x900

  • RESALES DISTRIBUTION BY DISTRICT

Only the Larvotto and Monaco-Ville districts recorded more sales than in 2016. Nearly 60% of all the transactions took place in Monte-Carlo and La Rousse.

Repartition du nombre de reventes par quartier en 2017 900x900

Source – Monaco Statistics

2016 REAL ESTATE SALES IN MONACO MONTE CARLO

Sales of new apartments/projects in Monaco – 2016 (No new buildings were delivered in 2016, but transactions were concluded for a building under construction)

33 apartmenst sold for a total of € 453,5 mln
Much like last year, the market was dominated by two types of apartment :

two-room units: 12 sales or 36% of all real estate transactions ;
units with five or more rooms: 9 sales or 27% of all real estate transactionsEvolution du nombre de ventes immobilieres de 2006 a 2016 900x900


Real Estate Resales in Monaco Monte Carlo
520 apartments sold for a total of € 2.212,7 billion
In 2016, the value of transactions increased significantly (+23.4%) to reach its highest level since the creation of the Real estate Observatory (EUR 2.2 billion)

Evolution du montant des reventes immobilieres de 2006 a 2016 900x900

  • RESALES DISTRIBUTION BY DISTRICTRepartition des reventes par quartier 900x900

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