Housing Snapshot: 10 Recently Sold Apartments and Houses Across Israel

Here’s our regular roundup of homes bought and sold over the past month to keep you up to date with the realities of the housing market in Israel. The information in this article was gathered through the Israel Tax Authority’s Real Estate Search Database, which shows the final prices paid for properties.

The latest figures available show that house prices have increased by 15.9% over the past year (April/May 2022 compared to April/May 2021), although the number of houses changing hands has slowed. The largest price increases were seen in cities in the central region of the country.

1. On Ahad Ha’am Street in one of the Tel Aviv, a two-room apartment sold in late June for NIS 5 million ($1,436,781). It measures 69 square meters on the fourth floor of a six-storey building containing 18 apartments in total. The building is brand new, having been completed this year. The sale does not include reserved parking.

2. in Bat Yam, Sokolov Street near the beach, a four-room apartment sold in early July for 3.6 million NIS ($1,036,269). The penthouse apartment measures 100 square meters and is on the sixth floor of a six-storey building, with 63 apartments. There is no reserved parking.

3. On Hashomer Street in Rishon Lezion, halfway between Azrieli Rishonim Mall and Rishon Lezion Main Park, a six-room apartment sold in late June for NIS 2.4 million ($698,007). It measures 113 square meters and the building was completed in 2017. The apartment is on the second floor of eight, in a building with 22 apartments. There is an elevator but no reserved parking.

4. At the gates of Eilat on Harduf Street, an apartment built in 1970 sold in early July for 910,000 NIS ($264,661). It measures 45 square meters and is divided into two rooms. The apartment is on the first floor of four, in a building with 48 apartments. There is no reserved parking.

5. In the center of Katzrin on Mishol Be’erit Street, a ground-floor apartment sold in mid-July for 1,180,000 NIS ($343,186). It measures 98 square meters, has four rooms and was built in 1988. There is only one other apartment in the building, but there is no courtyard with the apartment and no parking space.

6. To Acre, near the shore on Ahi Eilat Street, a five-room apartment sold in July for 1,665,000 NIS ($473,145). It measures 120 square meters, divided into five rooms, on the third of nine floors with 34 other apartments in the building, completed in 2021. There is an elevator but no reserved parking.

seven. In Ramat Beit Shemesh Aleph on central Nahal Lachish Street, an apartment sold for NIS 2,650,000 ($770,716) in early July. It contains six bedrooms and measures 150 square meters in a building that dates from 1998. The apartment is on the third of four floors with a total of ten apartments in the building. It comes with a reserved parking space and 27 square meters of attic space.

8. In Even Yehuda on a street on the outskirts of town, a six-room apartment sold for NIS 4,500,000 ($1,308,763) in July. It measures 161 square meters on the ground floor of a two-storey building with 12 apartments in total which was built in 2010. There is a courtyard of four square meters and parking for two cars.

9. In Mitzpe Ramon, a four-room apartment sold for 850,000 NIS ($244,674). It is in a building built in 1970 on En Akev Street and measures 105 square meters on the third floor of four, with eight apartments in the building in total. There is no reserved parking.

ten. In the West Bank settlement of Ma’ale Adumim on Hakeren Street, a four-room apartment sold for NIS 1,667,000 ($484,824) in early July. It has four rooms, measuring 111 square meters, and was built in 1990. The apartment is on the third floor of three, in a building with 12 apartments. There is an elevator but no parking.

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