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In 2021, 1 Million 491 Thousand 856 Houses Were Sold in Turkey

Housing sales in 2021 decreased by 0.5% compared to the previous year and became 1 million 491 thousand 856 units. The highest share in house sales was Istanbul with 276 thousand 223 houses and 18.5%. Istanbul was followed by Ankara with 144 thousand 104 house sales and 9.7% share, and İzmir with 86 thousand 722 house sales and 5.8% share. The provinces with the lowest house sales were Hakkari with 267 houses, Ardahan with 377 houses and Bayburt with 871 houses, respectively.

House Sales in Turkey
House Sales in Turkey 2013-2021

226 Thousand 503 Houses Were Sold in Turkey in December

Housing sales across Turkey increased by 113.7% in December compared to the same month of the previous year and became 226 thousand 503. Istanbul had the highest share in house sales with 39 thousand 26 houses and 17.2%. Istanbul was followed by Ankara with 21 thousand 481 house sales and 9.5% share, and İzmir with 13 thousand 386 house sales and 5.9% share. Hakkari was the province with the lowest house sales with 44 houses.

House Sale in December
House Sales in December 2021

Mortgage Housing Sales Reached 45 Thousand 260

Mortgaged house sales in Turkey increased by 209.3% in December compared to the same month of the previous year and became 45 thousand 260. In the January-December period, mortgaged house sales decreased by 48.6% compared to the same period. 294 thousand 530 compared to the previous year. In 2021, the share of mortgage sales in total house sales was 19.7%.

181,243 Houses Changed Hands With Other Sales Types

Other house sales across Turkey increased by 98.4% in December compared to the same month of the previous year and became 181,243. Other house sales in the January-December period increased by 29.3% compared to the same period of the previous year and became 1 million 197 thousand 326. In 2021, the share of other sales in total house sales is 80.3%.

Other Sales Types
Other Sales Types


The Number of First-hand Housing Sales Was 76 Thousand 747

First-hand house sales in Turkey increased by 108.0% in December compared to the same month of the previous year and became 76 thousand 747. In the January-December period, first-hand housing sales decreased by 1.7% compared to the same month of the previous year. 461 thousand 523 units in the same period of the previous year. In 2021, the share of first-hand sales in total housing sales was 30.9%.

149 thousand 756 houses changed hands in second-hand house sales

Second-hand house sales in Turkey increased by 116.8% in December compared to the same month of the previous year and became 149 thousand 756. In the January-December period, second-hand house sales increased by 0.1% compared to the same period. it was 1 million 30 thousand 333 in the previous year. In 2021, the share of second-hand sales in total house sales was 69.1%.

Housing Sales by Sales Status
Housing Sales by Sales Status

In 2021, 58 thousand 576 houses were sold to foreigners across Turkey

Housing sales to foreigners increased by 43.5% in 2021 compared to the previous year and reached 58 thousand 576. In 2021, the share of house sales to foreigners in total house sales was 3.9%. Istanbul took the first place in house sales to foreigners with the sales of 26 thousand 469 houses. Antalya was followed by Antalya with 12 thousand 384 sales and Ankara with 3 thousand 672 sales, respectively.

Housing Sales to Foreginers
Housing Sales to Foreginers

Housing sales to foreigners increased by 77.1% in December 2021 compared to the same month of the previous year and became 7 thousand 841. In December, Istanbul took the first place with the sales of 3 thousand 300 residences to foreigners. Antalya was followed by Antalya with 827 sales and Ankara with 489 sales, respectively.

Housing Sales to Foreginers December 2021

According to the nationality of the country, the most residential sales were made to Iranian citizens in 2021.

Iranian citizens bought 10 thousand 56 houses from Turkey in 2021. Iran was followed by Iraqi citizens with 8 thousand 661 residences and Russian Federation citizens with 5 thousand 379 residences.

Housing sales by country, Top 20 Countries,
2021 Housing sales by countries,
Top 20 countries, December 2021

Iranian citizens bought 1,462 houses from Turkey in December 2021. Iranian citizens were followed by Iraqi citizens with 1,399 residences and Russian Federation citizens with 885 residences, respectively.

In Turkey, women bought 506 thousand 495 and men 819 thousand 730 houses in 2021.

In Turkey, in 2021, women bought 506 thousand 495 houses with a share of 34.0%, men bought 819 thousand 730 houses with a share of 54.9%, and 28 thousand 900 houses were purchased jointly by women and men with a share of 1.9%. .

In Istanbul, which has the highest share in the total housing sales in Turkey in 2021; women bought 83 thousand 226, men 142 thousand 120, women and men bought 6 thousand 962 houses jointly.

Enes Sahin

Hello, I am Enes, I write content for Expat Guide Turkey every day. Don't forget to check it out!

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