Property prices - 1st half of 2023

Statbel, the Belgian statistics office, is today publishing Belgian property figures for the first half of 2023, based on sales transactions registered with the FPS Finance.


The main results:


The median Belgian price for a closed or semi-closed house was €259,500. The price of an open house was 365,000 euros.

Compared with the same period last year, the number of houses sold fell by 23% and the number of flats by 16%.


The Walloon region is the least expensive, with a median price of 175,000 euros for closed or semi-closed houses and 285,000 euros for open houses.


The Brussels-Capital Region was the most expensive, with closed and semi-closed homes costing 480,000 euros.
The price of open houses was 902,500 euros.


The Flemish Region lies between the two. Closed and semi-closed homes cost €295,000, and open homes €405,000.


Flemish Brabant and Walloon Brabant are the most expensive provinces. The cheapest Flemish province is Limburg, and the cheapest Walloon province is Hainaut.


Sint-Martens-Latem is the most expensive municipality for houses. The cheapest houses are in Hastière.
The most expensive flats are in Knokke-Heist. The cheapest flats are in Charleroi.


The median price for a closed or semi-closed house was 259,500 euros in the first half of 2023. The price of an open-plan house was 365,000 euros. Flats cost 237,000 euros.


Compared with the first half of 2022, the median price of an enclosed or semi-enclosed house rose by 3.3% nationally. The median price of open houses rose by 2.5%. Flats were 5.3% more expensive.


Fewer transactions were recorded compared with the same period last year: 23% fewer transactions for closed and semi-closed houses, 24.3% fewer transactions for open houses, and 16.4% fewer transactions for flats.


The Brussels-Capital Region is the most expensive for all housing types. Enclosed and semi-enclosed houses cost 480,000 euros, a price increase of 1% compared with the same period last year.

The median price of open houses rose to 902,500 euros, a fall of 21.5%. The median price of flats rose by 2% to 255,000 euros.


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