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Housing snapshot: 9 apartments and houses recently sold across Israel

A behind-the-scenes look at a selection of properties purchased

A view of the city of Safed, April 2019. (trabantos via iStock by Getty Images)
A view of the city of Safed, April 2019. (trabantos via iStock by Getty Images)

Here’s our regular roundup of homes recently bought and sold nationally to keep you abreast of the reality on the ground. The information in this article was gathered through the Israel Tax Authority’s real estate research database.

To put these prices in context, the average price of an apartment in March in Israel was NIS 1,756,800 ($523,506), according to the Central Bureau of Statistics. Housing prices have risen more than 16% so far this year.

1. In Tel Aviv’s Florentin district, on Abulafya Street, an apartment in an original 1930 building sold in April for NIS 1,300,000 ($405,363). The apartment measures 24 square meters divided into two rooms.  It is on the second floor of a three-story building with no reserved parking.

2. In Rishon Lezion, a centrally located apartment on Mivtsa Kadesh Street sold in April for NIS 2,050,000 ($610,876). The apartment building dates to 1970 and the apartment consists of four rooms across 83 square meters on the second floor of four.  It came with reserved parking for one car and an elevator.

3. On the northern coast in Nahariya, on HaMa’apilim Street, close to the shoreline, a four-room apartment sold in April for NIS 1,093,333 ($339,018). The apartment measures 120 square meters and is on the fourth of four floors. The building was built in 2017 with an elevator. The apartment came with one reserved parking space.

4. In Safed, an apartment due for completion in 2025 was pre-sold for NIS 1,245,000 ($378,189) during April. It will measure 100 square meters with four rooms on the fifth floor of eleven. There will be an elevator but no reserved parking.

5. In the older section of Beit Shemesh, on Shivtei Israel Street, a six-room apartment sold in April for NIS 2,055,000 ($639,988). The building was constructed in 1992 and has an elevator. The 128 square meter apartment is located on the fourth of four floors, and includes 15 square meters of roof area. There is no reserved parking space.

6. In the outskirts of Herzliya, on HaAliya HaShniya Street, a four-room apartment sold for NIS 2,850,000 ($867,052). The building dates to 1986 and has an elevator. The apartment measures 83 square meters on the second floor of three. It came with one reserved parking space.

7. In Petach Tikva, on HaNesi’im Street, a brand new apartment on one of the city’s central roads, sold in April for NIS 2,380,000 ($743,982). The apartment measures 102 square meters and has four rooms. It is located on the first floor of a ten-story building completed this year. The building has an elevator but no reserved parking.

8. In Rosh Ha’ayin, on HaAliya Street, a three-room apartment sold in March for NIS 1,300,000 ($387,385). It measures 75 square meters and is on the third of three floors in a building dating from 2009. The building has an elevator but no reserved parking.

9. In Arad, on Narkis Street, a five-room single-story house sold in March for NIS 2,120,000 ($642,424). The 183 square meter house was built in 1990 on a plot measuring 507 square meters in total.

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