Real estate sales in Turkey increase by 49%

2026-04-13

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Real estate sales in Turkey increase by 49% at the end of 2022

Data issued by the General Directorate of Land Registry and Cadastre in Turkey recorded the completion of 436,721 real estate sales transactions by the Directorate during the last month of the past year. The revenue from title deed expenses for these transactions amounted to 6,411,106,000 Turkish liras.

Real estate sales during the mentioned month saw an increase of 49% compared to the previous month, which recorded 292,493 properties sold.

Residential apartments are the most sold properties during the last month

Regarding the distribution of real estate sales during the last month of the past year; residential apartments ranked first among the most sold types of properties, with 193,402 apartments sold, followed by agricultural lands in second place with 116,687 agricultural lands sold, and construction lands in third place with 71,019 construction lands sold, while commercial properties ranked fourth with 24,879 commercial properties sold.

During the mentioned month, 30,734 properties of other types were also sold.

Annual sales approached three and a half million

According to the statistical data related to annual sales during the past year, the number of real estate sales transactions completed by the General Directorate of Land Registry and Cadastre during the past year reached 3,434,389 real estate sales transactions.

Annual real estate sales during the past year 2022 achieved an increase of 13.7% compared to the previous year 2021, which recorded 3,020,416 properties sold.

As for the revenue from title deed expenses for real estate sales during the past year, it amounted to 41,555,205,953 Turkish liras.

Annual sales approached three and a half million

Istanbul leads the provinces with the highest real estate sales last year

Regarding the distribution of real estate sales across Turkish provinces; Istanbul ranked first among Turkish provinces with the highest real estate sales last year, with 416,717 properties sold, followed by Ankara in second place with 214,053 properties sold, and Izmir in third place with 169,987 properties sold.

The sales figures in the ten provinces with the highest real estate sales during 2022 were as follows:

No.	Province	Number of properties sold in 2022
1	Istanbul	416,717 properties
2	Ankara	214,053 properties
3	Izmir	169,987 properties
4	Antalya	131,838 properties
5	Bursa	124,190 properties
6	Konya	107,355 properties
7	Gaziantep	85,615 properties
8	Kocaeli	85,290 properties
9	Balikesir	84,921 properties
10	Tekirdag	83,983 properties