I can find asking-price data everywhere, but completed-sale numbers are much harder to pin down.
I’m tracking Riyadh condos listed from SAR 2,910,000 to SAR 4,365,000. The current snapshot shows 4.1% movement and roughly 80 days on market, although negotiated discounts seem to vary sharply with property condition.
My working view is that service charges may explain more of the spread than headline demand. Does that match what others are seeing in Saudi Arabia?
For a useful comparison, please name the Riyadh neighbourhood, condo type and condition, and say whether your figure is a completed sale or an asking price. Details on price-cut timing, withdrawn listings, buyer financing or seller motivation would also help, especially where neighbourhood boundaries differ between listings.
I’m tracking Riyadh condos listed from SAR 2,910,000 to SAR 4,365,000. The current snapshot shows 4.1% movement and roughly 80 days on market, although negotiated discounts seem to vary sharply with property condition.
My working view is that service charges may explain more of the spread than headline demand. Does that match what others are seeing in Saudi Arabia?
For a useful comparison, please name the Riyadh neighbourhood, condo type and condition, and say whether your figure is a completed sale or an asking price. Details on price-cut timing, withdrawn listings, buyer financing or seller motivation would also help, especially where neighbourhood boundaries differ between listings.