Israel Real estate

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Despite a decline in the number of transactions in the secondary market compared to 2022, real estate prices in Tel Aviv remain exceptionally high. For example, average prices increased from ₪46,000 per square meter in 2022 to ₪47,500 per square meter in 2023. In 2024, a stabilization or even a slight decrease in prices is anticipated, along with a continued reduction in transactions, largely due to recent legislative changes.

If you’re considering buying, selling, or renting a property, we also offer precise real estate valuation services to help you navigate and make informed decisions in this highly competitive market.

Historical Trends of Average Price per Square Meter in Tel Aviv
Year Average Price (₪/m²) Change (%)
2020 42,000 -
2021 44,000 +4.76%
2022 46,000 +4.55%
2023 47,500 +3.26%
2024 (Projected) 47,000 -1.05%
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