GIGDEKS

GIGDEKS is a unique dataset that reveals the average unit price of real estate sales to international investors in our country. Approximately 25% of real estate sales to international investors in Turkey are conducted by GİGDER members. Members are asked about the number of sales and the average USD price of sales. This study also includes member expectations that allow us to predict whether sales will increase in the next three-month period. GIGDEKS is released periodically every three months in the first week of January, April, July, and October.

 

Additionally, to gauge the pulse of the industry and reflect the perspectives of GİGDER members on current issues, questions related to current topics are included in the research. GIGDEKS was first conducted with data from the months of April, May, and June of the year 2021.

 

Real Estate Service Exporters Association (GIGDER), in collaboration with the brand and market research company AGS Global, has shared the 13th edition of the GIGDEKS, the home sales index for international investors, prepared on a quarterly basis, with the public.

 

GİGDEKS 14 Average Sale Price

According to GİGDEKS 14 data, the average property sale price to international investors increased from $273,233 in Q2 2024 to the range of $277,865.

 

GİGDEKS 14 Base Index

GİGDEKS reached 172.1 in Q3 2024, up from 169.2 in the previous quarter.

 

GİGDEKS 14 Sales Expectations

According to the GİGDEKS 14 survey, about half of GİGDER members do not expect any upward or downward change in property sales to international investors over the next three months. The percentage of pessimists and optimists regarding sales expectations was measured equally at 27.6%.

 

GIGDEKS 14: The Average Sale Price is $277,865, and the Base Index is 172.1.

Sales to international investors, on a per-unit price basis, saw a very slight increase from $273,233 in the previous quarter to $277,865 in Q3 2024.

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GIGDEKS 13: The Average Sale Price Reached $273,233 in the Second Quarter of 2024

According to the GİGDEKS 13 data for the second quarter of 2024, the average housing sale price to international investors rose from $170,719 to $273,233.

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GIGDEKS 12: Significant Decline in the First Quarter of 2024

According to the GİGDEKS 12 data created with the participation of GİGDER members, the average housing sale price fell to $170,719 in the first quarter of 2024.

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GİGDEKS 11: The Average Housing Sale Price to International Investors Reached $268,368.

According to the GİGDEKS 11 results, which were conducted with the participation of GİGDER member firms and cover the fourth quarter of 2023, an increase was observed in the average housing sale price to international investo

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GIGDEKS 10: GIGDEKS Base Points, which has resumed its upward trend, was calculated as 161.6.

According to GIGDEKS 10 data covering the third quarter of 2023, the average housing sales price to international investors was $260,976.

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GIGDEKS 9: GIGDEKS Base Score Dropped from 184 to 149.6 Points

According to the GIGDEKS 9 data covering the second quarter of 2023, the average housing sales price to foreigners decreased from $297,174 to $241,643.

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