From the WiresColdwell Banker Real Estate Issues International Housing ReportIdentifies Average Home Listing Price in 30 Countries and More Than 60 Markets
By: Marketwire .Jul. 13, 2011 05:00 AM
PARSIPPANY, NJ -- (Marketwire) -- 07/13/11 -- Coldwell Banker Real Estate LLC today released a report on international housing markets, which compares similar four-bedroom, two-bathroom homes in 30 countries and more than 60 markets outside the United States and Canada.
Among the more affluent markets in the report is Neuilly-sur-Seine, France, located just four miles from the center of Paris and is the hometown of Nicolas Sarkozy, the current President of the French Republic. The city also serves as the headquarters for the global edition of The New York Times newspaper, The International Herald Tribune. A continent away in the opposite hemisphere, the tourist city of Salinas, Ecuador, is one of the many markets offering great affordability. It is also known for its proximity to the Pacific Ocean and year-round temperatures averaging 80 degrees Fahrenheit.
"As one of the world's premier international real estate companies, Coldwell Banker has the pulse on what is happening in various global markets," said Budge Huskey, president and chief operating officer, Coldwell Banker Real Estate LLC. "Increasingly we have seen that buyers are expanding their horizons when it comes to the number of countries under consideration for their investment."
In addition to Salinas and Neuilly-sur-Seine, the Coldwell Banker report highlights some of the world's most prominent cities, full of fun trivia and charming local facts:
- Paris, France, has been ranked as one of the top three European cities of the future by The Financial Times and produces more than one fourth of France's total gross domestic product.
- Madrid, Spain, is the third largest city in the European Union and is considered the major financial center of Southern Europe.
- Rome is the capital and most populated city of Italy and has been ranked as one of the world's 15 most important cities.
- Amsterdam is the financial and cultural capital of the Netherlands and home to seven Fortune 500 companies including ING Group and Royal Philips Electronics.
- Dublin houses more than one-quarter of the entire population of Ireland and is ranked 29th in the Global Financial Centres Index.
- Aruba is renowned for its white, sandy beaches, temperate waters and warm climate moderated by the trade winds of the Atlantic Ocean.
- Istanbul is the cultural, economic, and financial center of Turkey and at one time served as the capital of the Roman and Ottoman Empires.
- Mexico City, Mexico, is the country's most important political, cultural, educational and financial center and boasts one of the world's fastest growing economies with a gross domestic product expected to double by 2020.
The release of this international data follows the recent Coldwell Banker Home Listing Report, a comprehensive analysis of real estate markets throughout the U.S. and Canada. Additional information on the North American report can be found on the Coldwell Banker Home Listing Report website.
Below are the full findings of the international report:
Average Listing Country Market Price (USD) ------------------------- ------------------------ ------------------------- Aruba Aruba $445,875 ------------------------- ------------------------ ------------------------- Australia Brisbane $583,555 ------------------------- ------------------------ ------------------------- Australia Gold Coast $674,796 ------------------------- ------------------------ ------------------------- Australia Sydney $1,047,250 ------------------------- ------------------------ ------------------------- Belize San Pedro $366,750 ------------------------- ------------------------ ------------------------- Bermuda Bermuda $1,253,750 ------------------------- ------------------------ ------------------------- Costa Rica Santa Ana $617,500 ------------------------- ------------------------ ------------------------- Curacao Willemstad $227,733 ------------------------- ------------------------ ------------------------- Czech Republic Brno $264,097 ------------------------- ------------------------ ------------------------- Czech Republic Ceske Budejovice $170,125 ------------------------- ------------------------ ------------------------- Czech Republic Prague $638,750 ------------------------- ------------------------ ------------------------- Dominican Republic Cabarete $328,500 ------------------------- ------------------------ ------------------------- Dominican Republic Sosua $196,250 ------------------------- ------------------------ ------------------------- Ecuador Salinas $75,000 ------------------------- ------------------------ ------------------------- France Asniere sur Seine $1,957,000 ------------------------- ------------------------ ------------------------- France Boulogne $2,565,000 ------------------------- ------------------------ ------------------------- France Neuilly-sur-Seine $4,204,000 ------------------------- ------------------------ ------------------------- France Paris $3,624,000 ------------------------- ------------------------ ------------------------- Greece Athens $632,624 ------------------------- ------------------------ ------------------------- Guatemala Guatemala City $265,000 ------------------------- ------------------------ ------------------------- Honduras San Pedro Sula $193,000 ------------------------- ------------------------ ------------------------- Honduras Tegucigalpa $242,750 ------------------------- ------------------------ ------------------------- Indonesia Bandung $232,558 ------------------------- ------------------------ ------------------------- Indonesia Denpasar $158,430 ------------------------- ------------------------ ------------------------- Indonesia Jakarta $354,651 ------------------------- ------------------------ ------------------------- Indonesia Surabaya $210,756 ------------------------- ------------------------ ------------------------- Ireland Dublin $687,289 ------------------------- ------------------------ ------------------------- Italy Aosta $976,000 ------------------------- ------------------------ ------------------------- Italy Milan $1,918,750 ------------------------- ------------------------ ------------------------- Italy Riccione $898,750 ------------------------- ------------------------ ------------------------- Italy Rome $1,777,750 ------------------------- ------------------------ ------------------------- Lebanon Beirut $765,000 ------------------------- ------------------------ ------------------------- Lebanon Jounieh $387,500 ------------------------- ------------------------ ------------------------- Malta Attard $505,000 ------------------------- ------------------------ ------------------------- Malta Fgura $405,000 ------------------------- ------------------------ ------------------------- Malta Sliema $605,000 ------------------------- ------------------------ ------------------------- Malta St. Paul's Bay $430,000 ------------------------- ------------------------ ------------------------- Mexico Mexico City $566,500 ------------------------- ------------------------ ------------------------- Mexico Monterrey $400,211 ------------------------- ------------------------ ------------------------- Netherlands Amsterdam $862,320 ------------------------- ------------------------ ------------------------- Netherlands Bussum $631,984 ------------------------- ------------------------ ------------------------- Netherlands Rotterdam $574,400 ------------------------- ------------------------ ------------------------- Netherlands The Hague $827,770 ------------------------- ------------------------ ------------------------- Panama Panama City $285,000 ------------------------- ------------------------ ------------------------- Peru Lima $423,125 ------------------------- ------------------------ ------------------------- Peru Trujillo $281,000 ------------------------- ------------------------ ------------------------- Romania Brasov $477,714 ------------------------- ------------------------ ------------------------- Romania Bucuresti $562,236 ------------------------- ------------------------ ------------------------- Spain Madrid $1,877,070 ------------------------- ------------------------ ------------------------- St. Croix Christiansted $540,400 ------------------------- ------------------------ ------------------------- St. Kitts-Nevis Nevis $1,103,750 ------------------------- ------------------------ ------------------------- Turkey Ankara $264,000 ------------------------- ------------------------ ------------------------- Turkey Antalya $227,500 ------------------------- ------------------------ ------------------------- Turkey Istanbul $417,975 ------------------------- ------------------------ ------------------------- Turkey Izmir $311,000 ------------------------- ------------------------ ------------------------- Turks and Caicos Providenciales $1,033,750 ------------------------- ------------------------ ------------------------- Venezuela Caracas $138,497 ------------------------- ------------------------ ------------------------- Venezuela Maracaibo $94,776 ------------------------- ------------------------ ------------------------- Venezuela Porlamar $208,039 ------------------------- ------------------------ ------------------------- Venezuela Valencia $119,718 ------------------------- ------------------------ ------------------------- Vietnam Da Nang $803,571 ------------------------- ------------------------ ------------------------- Vietnam Ha Noi $816,667 ------------------------- ------------------------ -------------------------
About Coldwell Banker®
Since 1906, the Coldwell Banker® organization has been a premier provider of full-service residential and commercial real estate. Coldwell Banker is the oldest national real estate brand in the United States and today has a network of more than 87,000 sales agents working in approximately 3,200 offices in 49 countries and territories. The Coldwell Banker brand is known for creating innovative consumer services as recently seen by being the first national real estate brand to augment its web site www.coldwellbanker.com for smart phones, the first to create an iPhone and iPad application, and the first to fully harness the power of video in real estate listings, news and information through its Coldwell Banker On Location (SM) YouTube channel. The Coldwell Banker system is a leader in specialty markets such as resort, new homes and luxury properties through its Coldwell Banker Previews International® marketing program. Coldwell Banker Real Estate LLC fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Each office is independently owned and operated.For Greater National Perspective on Real Estate Trends & Home Values and/or to Obtain Local Market Interviews:
David Siroty
Coldwell Banker Real Estate LLC
973.407.7199
Email ContactHeather Roberts
Coldwell Banker Real Estate LLC
973.407.5590
Email ContactMeredith Topalanchik
CooperKatz for Coldwell Banker Real Estate LLC
917.595.3036
Email Contact
Published Jul. 13, 2011— Reads 393
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