Kinnisvara24 Launched a Novel Statistics Platform That for the First Time Combines Transaction and Listing Data
Kinnisvara24 has created a unique statistical environment in Estonia that combines real estate transaction data from the Land and Cadastre Office with listing information from the portal to provide a comprehensive overview of market activity.
The new statistical environment answers many important questions. With just a few mouse clicks, you can get an overview of the volume of transactions taking place in Estonia, what type of real estate is being traded (price/size/location), where it's possible to earn the best potential rental returns, and what's happening in the commercial real estate market.
"By combining the Land and Cadastre Office transaction data with Kinnisvara24 portal listing information, we can offer a unique view of what's actually happening in the market. This knowledge helps buyers, sellers, and real estate professionals make better decisions," said Kinnisvara24 CEO Urmas Uibomäe.
The statistical environment offers several comprehensive tools for monitoring the real estate market and allows you to compare up to three different regions at once.
On the apartment price statistics sub-page, you can compare asking and transaction prices and track changes in the number of apartments for sale and transactions over time. Users can see which number of rooms and apartment sizes are most frequently the focus of transactions.
The house price statistics sub-page shows changes in the number of sales listings and completed transactions over time and helps identify market activity cycles. Users can view which sized houses are most in demand on the market.
"Rental yield statistics are particularly valuable for investors who want to compare the potential rental returns of different regions and make more informed decisions based on that," noted Uibomäe. The environment shows which regions offer the best return on investment, taking into account apartment purchase and rental prices. Additionally, returns can be viewed by number of rooms, which helps investors make more precise decisions.
The commercial real estate statistics section provides an overview of the commercial space market. Users can explore average rental and sale prices for commercial spaces in different regions and view statistics by commercial real estate type - whether offices, catering spaces, production facilities, retail spaces, or warehouses. This helps businesses make more informed decisions when renting or purchasing commercial space.
On the Acquisition and Disposal sub-page, you can see which buyers and sellers are active in the market. Users can select different regions and time periods and track which groups are more active in certain areas. A particularly interesting dimension is added by the ability to view transactions by the citizenship of the parties, which provides insight into which areas have greater foreign interest.
The TOP sub-page aggregates the most viewed listings on the Kinnisvara24 portal, providing a real-time overview of what's generating the most interest in the market. Listings can be sorted by property type, region, and period, which allows you to quickly identify which real estate objects are currently most popular.
According to the portal's CEO, they created this environment with the goal of enabling every participant in the real estate market to make more informed decisions. Combining various tools in one environment provides a comprehensive overview of the market situation.
The Kinnisvara24 statistics environment is freely available to all interested parties on the portal's sub-page at kinnisvara24.ee/statistika.