Dutch Houses Sold at 12 Percent below Asking Price
AMSTERDAM, 17/05/13 - Home owners in the Netherlands on average received 88 percent of their original asking price if they sold in 2012. Shortly before the crisis, this was still 95 percent, according to a comparison by technology company Calcasa, which publishes a housing index.
The Calcasa researchers signal a widening gap between asking price and actual sales price. “In 2007, the difference was 5 percentage points, and in 2012, 12 points. This shows that people have to make do with much lower selling prices.”
According to Calcasa, detached houses showed the biggest gap, with owners receiving only 83 percent of what they were asking. Sellers of apartments and terrace houses saw the smallest drop in price paid.
Differences between asking and selling prices widen if houses are up for sale for longer. If someone sells within six months, this is for 94 percent of the asking price on average. If the sale takes longer than two years, the owners receive 70 percent - or as little as 77 percent for detached houses.