The buyers are waiting with the holiday home purchase

Fact: That’s how much holiday home you get for one million

Here you get the most holiday homes for one million kroner:

1. Kronoberg County 71 sq.m

2. Örebro county 53 square meters

3. Västernorrland county 52 square meters

4. Norrbotten county 47 square meters

5. Västernorrland county 46 square meters

Here you get at least a holiday home for one million kroner:

1. Stockholm County 20 sq.m

2. Halland County 21 sq.m

3. Gotland County 22 sq.m

4. Västra Götaland county 25 square meters

5. Jämtland county 28 square meters

Source: Länsförsäkringar real estate brokerage and Broker statistics

He says that many people bought holiday homes during the pandemic. Then the prices got really high. But those who bought then seem to keep their holiday homes.

— They are not in a panic to sell now. They sit still in the boat.

It seems that many other holiday home owners do as well. Sure, there are objects out there, but few deals are made, he notes. The decline is 30 percent compared to last year, according to figures from Mäklarstatistik.

Lower prices

Prices have come down now, more than the full year figures show.

— They say the decline is 7 percent, but that figure does not show the real picture. The decline is rather 15 percent, compared to how it was when prices were at their peak during last winter.

Although buyers and sellers don’t seem to really agree on that. The buyers offer a lower price than the sellers expect, and then there aren’t that many deals.

— Vacation home prices have kept up with villa prices, they have fallen by approximately 15 percent from the peak.

Cheaper inland

But there are also big differences within the country.

— Coastal holiday homes are the most expensive. It is usually cheaper inland.

Anyone looking for a holiday home can look inland, he thinks. There you can find nice houses by lakes.

— But have ice in your stomach. There are sellers who are in a hurry to sell, who cannot afford to keep them when interest rates rise.

His advice to the sellers is not to expect to get as much as the houses went for during the pandemic.

— But there are buyers, says Marcus Svanberg.

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