Recently, the official website of Zhengzhou Airport District released the sales of the real estate market in the airport area in September 2024.
In September, the pre-sale area of newly built commercial houses in the district was 1373.01 square meters, all of which were non-residential properties.
In terms of transactions, the transaction volume of new homes in Hong Kong exceeded 1,000+ units in September, a month-on-month increase of nearly 14 times, setting a new high in monthly transactions this year, and the average sales price also increased by 11% month-on-month.
The transaction volume of new houses has skyrocketed, and the sales volume has exceeded 1,000 units in a single month!
In September, 1,114 sets (rooms) of commercial housing were sold in the airport area, with a sales area of 143,000 square meters and an average sales price of 6,894.38 yuan/square meters, including:
1,024 commercial residential units were sold, with a sales area of 113,600 square meters and an average residential sales price of 7,725.63 yuan/square meters.
The number of units sold has increased by 949 units compared to August, an increase of 1,265% month-on-month, and an increase of 761% compared with the same period in 2023.
The sales area was 105,100 square meters more than in August, an increase of 1,236% month-on-month, and an increase of 657% compared with the same period in 2023.
In terms of prices, it rose by 11% month-on-month and still fell by 9.25% compared to the same period last year.
In September, the number of units sold, the sales area and the average sales price all showed a significant increase. In the first eight months, the cumulative transaction volume of residential buildings in the airport area was 1,318 units, and the monthly transaction volume in September exceeded 1,000 units, setting a new high for the monthly transaction volume this year.
Not only did the transaction volume rise sharply, but the average transaction price also rose at the same time, except for February this year, the average residential transaction price was the highest in September.
Residential housing prices in the port area have been beating with the catalyst of the new policy, since February, the sales price of residential properties in the port area has plummeted, and after the mid-year discount and a round of policy stimulus at the end of May, it began to rise in June. However, in the off-season of July and August, prices fell to the bottom again and rebounded again in September.
However, it is still not as good as the same period last year, and the housing prices in the port area have been hovering below 8,000 this year, and the average residential transaction price in the first nine months was 7,356 yuan/㎡, which has declined as a whole compared with last year.
In terms of non-residential products, it also showed an upward trend. Non-residential sales in September were 90 units, up 7.14% month-on-month compared with 84 units in August; The sales area was 29,400 square meters, an increase of 47% month-on-month compared with August (20,000 square meters); The average sales price was 3,672.14 yuan/㎡, down 11.22% from August (4,136.33 yuan/㎡).
Second-hand housing is "cold", and transactions continue to decline
Unlike the boom in new homes, the market for second-hand homes seems to be in a worse situation.
In September, a total of 181 sets (rooms) of stock houses were traded in the airport area, with a transaction area of 19,588.77 square meters and an average transaction price of 5,682.16 yuan/square meters; Among them, a total of 176 residential units were traded, with a transaction area of 19,335.21 square meters and an average transaction price of 5,677.54 yuan/square meters.
The number of residential units transacted decreased by 17 units from the previous month, down 8.8% month-on-month, and the transaction area decreased by 12.3% month-on-month.
However, in terms of year-on-year, the transaction volume of second-hand housing is still at a high level, up 36.43% compared with the same period last year, and has maintained an upward trend for six consecutive months.
In terms of prices, the average transaction price of second-hand houses in September increased by 11.3% month-on-month, which rebounded from the previous month, but it was still hovering at the "5 prefix"; Compared to the same period last year, it is also down by almost 20%.
From the perspective of the whole year, the second-hand housing market in July and August, after experiencing the landlord's painful cutting and selling, ushered in a good wave of volume, and the residential transaction volume remained at 190 units, but with the recent frequent new policies for home purchases, as well as the torture of the new housing market, the second-hand housing data in September also showed a downward trend.
Recently, a series of favorable policies for the property market have been released in a concentrated manner, injecting strong impetus into the market.
From the upward trend in the volume of new houses in Zhengzhou at the end of September, to the explosive market during the November Golden Week, the market has shown obvious signs of recovery under the policy catalyst.
Real estate "stopped falling and recovered" is not just talking.
Compared with the previous ones, this time the policy is far more powerful and comprehensive than in terms of the attitude and determination of the top management.
At present, the property market is still being delivered, and I believe that the market will continue to improve in October!