I
srael’s Central Bureau of Statistics confirms a steady decline in residential prices. By matching the latest CBS indices with recent second‑hand sales reported by national agencies, we identified a sample of transactions that illustrate the trend.
- A 58‑sq‑m two‑room on Betzalel Street, ground floor of a four‑storey block, with a 16‑sq‑m balcony, sold for 1.85 M ₪ ($565 k).
- A 75‑sq‑m four‑room on Warburg Street, sixth floor of an eight‑storey building with elevator, fetched 2.19 M ₪ ($670 k).
- A 104‑sq‑m four‑room on Shach’al Street, seventh floor of an eleven‑storey tower, 13‑sq‑m balcony, elevator and parking, went for 3.59 M ₪ ($1.095 M).
- A 104‑sq‑m four‑room on Harel Street, first floor of a four‑storey block, 12‑sq‑m balcony, elevator and parking, sold for 4.5 M ₪ ($1.37 M).
- A 96‑sq‑m three‑and‑a‑half‑room on Ezra Street, second floor of a six‑storey building with elevator, traded at 1.73 M ₪ ($525 k).
- A 93‑sq‑m four‑room on Herzog Street, fifth floor of an eight‑storey block, elevator and parking, sold for 1.85 M ₪ ($565 k).
- A 178‑sq‑m six‑room corner unit on Ben Gurion and Shimon Ben Zvi Streets, tenth floor of a thirteen‑storey tower, 25‑sq‑m sun balcony, elevator, parking and safe room, fetched 5 M ₪ ($1.525 M).
- A 60‑sq‑m three‑room on Ha’haganah Street, first floor of a four‑storey block, sold for 1.02 M ₪ ($310 k).
These deals, spread across Tel Aviv, Jerusalem, Holon, Mevasseret Zion, and Afula, confirm the downward trajectory of Israeli real‑estate prices.
