Some wiggle room in housing market in Q3 due to more supply; Prices up 1.8% to €503,000

A woman walks by two homes for sale on the Javastraat in Amsterdam-Oost in July 2023. - Credit: - License: All Rights Reserved Business Thursday, 8 October 2026 - 10:32

An increased supply created some space in the Dutch housing market in the third quarter of this year, the Dutch realtors’ association NVM reported on Thursday. While the market remains tight, buyers had more to choose from and some more time to think. The average sale price stood at €503,000, an increase of 1.8 percent compared to a year earlier.

At the end of the third quarter, NVM realtors had around 39,000 existing homes listed for sale, an increase of 24 percent compared to a year earlier. Apartments were the main source of this growth, partly due to landlords still selling their properties into the owner-occupied market.

Homes remained on the market for an average of 31 days before selling, compared to 29 days a year earlier. But the market remains tight. Nearly two-thirds of the homes were still sold for above asking price, down from 71 percent a year earlier.

“Increased supply gives homebuyers a bit more breathing room. They have more choice, can more frequently schedule a second viewing, and—for certain properties—have more scope to negotiate,” said Lana Goutsmits-Gerssen, chair of the NVM Residential division. “Sales of existing homes are holding steady year-on-year, while the rate of price growth continues to level off.”

NVM realtors sold 41,700 existing homes in the third quarter, roughly the same number as a year ago. As usual, the summer holidays resulted in fewer transactions, but the decline was slightly sharper than typical. Sales fell by 8 percent compared to Q2. The realtors attribute this to buyer uncertainty and slightly less demand.

Home prices rose only 1.8 percent year-on-year to €503,000 on average. There were significant differences between the regions. Zuidwest-Drenthe saw prices jump 8.3 percent, and Noord-Limburg recorded an increase of 6.7 percent. At the same time, prices fell slightly in Zeeuws-Vlaanderen, the rest of Zeeland, and the Haarlem and Leiden metropolitan areas.

Homes in Amsterdam were still largely sold for more than the asking price, with overbidding seen in 73 percent of transactions last quarter. While prices in Amsterdam rose by a slim 0.6 percent over the past year, the price per square meter was at a high of €7,401. That meant average prices were around €577,525 in the capital during the third quarter, with average property sizes of about 78 square meters.

In the new construction sector, supply also increased, but sales figures lagged behind. This is partly due to supply not matching demand. “Long construction times and high bridging costs make the move more challenging. Increased supply must therefore also offer more suitable choices—homes that align with what people are looking for and can afford,” Goutsmits-Gerssen said.

At the end of the third quarter, NVM realtors had approximately 21,500 newly built homes listed for sale, a 17 percent increase compared to a year earlier. NVM agents sold approximately 6,000 new homes, compared to 6,400 a year earlier. The number of sales has now decreased year-on-year for four consecutive quarters.