Jerusalem Housing Prices Rise by 5% Over the Year: Market Shifts to Favor Buyers

According to a report by Semerenko Group, Jerusalem’s real estate market has shown moderate but steady growth, with average housing prices increasing by 5% over the past 12 months.

However, the first quarter of 2025 recorded a slowdown in transaction activity, creating more favorable conditions for buyers.

Experts note that for the first time in recent years, the market is becoming more balanced, with sellers forced to make concessions, especially when selling business and comfort-class apartments.
“Buyers are once again dictating terms, especially in central areas of Jerusalem,” the agency’s review states.

Key factors driving this trend include general macroeconomic instability, the influence of the regional conflict on buyer sentiment, and an increase in supply due to new projects in Gilo, Arnona, and Pisgat Ze’ev.