Israel Property Prices

Israeli property prices have been moving steadily upwards for the past decade. Israel did not suffer the same real estate crisis as much of the rest of the Western world. People talk about Israel’s real estate bubble bursting but, unlike other economies, demand for property is partly driven by increasing immigration and planned Aliyah, which is currently a strong upwards trend.

Apartments in Ramat Aviv
At Creative Estates Israel, we carefully monitor Israeli real estate prices and Israeli apartment prices in different cities, together with the strength of local rental markets, so that we can advise investors on the relative benefits of investing in these apartments for rental.

Israel Property Prices

This Israeli apartment price chart is presented for comparison purposes only and is updated periodically. It shows the annual increase in average apartment prices in each city.

Comparative Average Prices of 4-room Apartments (NIS)

Jerusalem

2,263,849

8%

Tel Aviv

2,979,060

-1.6%

Haifa

1,611,156

6.4%

Netanya

1,720,487

-3.8%

Modi’in

1,671,842

7.4%

Petach Tikvah

1,563,365

3.7%

Beersheva

1,185,207

5.5%

National Average

1,434,758

-0.5%

Source: Ministry of Construction & Housing, December 2015

Click here to find out more about the real estate markets in different Israeli cities.

If you would like more information about Israeli property price trends and the strength of the rental markets in Israeli cities,  contact Creative Estates today for a confidential consultation without obligation.