Transfer of properties

Updated: 30 October 2024

Next update: 30 January 2025

Dwellings transferred on the free market
Dwellings transferred on the free market
3rd quarter 2024
38 677
 
Registered transfers of real property and properties owned through a housing cooperative. Preliminary figures
Registered transfers of real property and properties owned through a housing cooperative. Preliminary figures
3rd quarter 20243rd quarter 2023 - 3rd quarter 20243rd quarter 2019 - 3rd quarter 2024
All transfers64 1517.01.1
Real estates51 7846.9-8.7
Cooperative estates12 3677.44.8
Dwelling properties on the free market sale, total38 67710.73.0
Dwelling properties on owned site, free market sale27 4318.53.4
Dwelling properties on leased site, free market sale1 074-3.8-9.4
Properties owned through a housing cooperative, free market sale10 17219.33.2
Holiday properties , free market sale, total2 9569.7-13.3
Holiday properties on owned site, free market sale2 3637.8-13.3
Holiday properties on leased site, free market sale59318.4-13.0
Explanation of symbols

Selected tables and charts from this statistics

  • Transfers of dwelling properties with building, free market sale. Preliminary figures
    Transfers of dwelling properties with building, free market sale. Preliminary figures
    3rd quarter 2024
    Transfers, totalTotal purchase price (NOK million)Purchase price per transfer (NOK 1000)Transfers of titleTotal purchase price, transfer of title (NOK million)Purchase price per transfer of title (NOK 1 000)Transfers of leasesTotal purchase price on transfer of lease (NOK million)Purchase price, transfer of lease (NOK 1 000)
    The whole country22 686112 0834 94121 895109 0894 9827912 9943 785
    Østfold1 4626 7604 6241 3546 3284 6731084324 004
    Akershus3 99824 7836 1993 90724 3116 222914725 189
    Oslo3 89132 3538 3153 67231 0398 4532191 3156 003
    Innlandet1 6415 0623 0851 5954 9503 104461122 439
    Buskerud1 2685 6334 4421 2395 5474 47729862 979
    Vestfold1 3326 3414 7611 2626 0504 794702914 158
    Telemark6022 1193 5205622 0143 584401052 626
    Agder1 9617 2703 7071 8957 0813 737661882 854
    Rogaland2 60711 4724 4002 58911 4184 41018542 980
    Vestland3 25714 0884 3253 17213 7824 345853063 601
    Møre og Romsdal1 2224 0513 3151 2084 0083 31814433 102
    Trøndelag - Trööndelage3 14913 0854 1553 04312 7764 1981063092 916
    Nordland - Nordlánnda1 0063 3043 2849423 1533 348641502 351
    Troms - Romsa - Tromssa7983 2344 0537943 2214 0574133 285
    Finnmark - Finnmárku - Finmarkku3119493 0531976363 2301143132 746
    Explanation of symbols
  • Free market sales of property owned through a housing coopertive. Number, purchase price and joint debt. Preliminary figures
    Free market sales of property owned through a housing coopertive. Number, purchase price and joint debt. Preliminary figures
    3rd quarter 2024
    Transfers, totalTotal purchase price (NOK million)Purchase price per transfer (NOK 1000)Joint debt in total (NOK million)Joint debt per transfer (NOK 1000)Total price per transfer included joint debt (NOK 1000)
    The whole country8 85327 6293 1213 8454343 555
    Østfold5011 1742 3431893772 720
    Akershus9703 3773 4824264393 921
    Oslo3 33515 8984 7671 3143945 161
    Innlandet4089222 2601854522 712
    Buskerud3849992 6021544003 002
    Vestfold5351 2532 3412624892 830
    Telemark3255861 8021885772 379
    Agder3016792 2571214022 659
    Rogaland5301 3792 6012564833 084
    Vestland1 1423 4012 9784263733 351
    Møre og Romsdal1943821 969814172 386
    Trøndelag - Trööndelage9212 5502 7683964303 198
    Nordland - Nordlánnda2986612 2191896332 852
    Troms - Romsa - Tromssa2636702 5492368973 446
    Finnmark - Finnmárku - Finmarkku631312 075243842 459
    County not stated202251381606
    Explanation of symbols
  • Transfers of holiday properties with building, free market sale. Preliminary figures
    Transfers of holiday properties with building, free market sale. Preliminary figures
    3rd quarter 2024
    Transfers, totalTotal purchase price (NOK million)Purchase price per transfer (NOK 1000)Transfers of titleTotal purchase price, transfer of title (NOK million)Purchase price per transfer of title (NOK 1000)Transfers of leasesTotal purchase price on transfer of lease (NOK million)Purchase price, transfer of lease (NOK 1000)
    The whole country2 4526 9192 8221 9325 7302 9665201 1892 287
    Østfold1224413 617712543 580511873 669
    Oslo and Akershus1364123 0291183683 11718442 453
    Innlandet5281 3402 5394099962 4351193442 893
    Buskerud3169533 0152317633 302851902 236
    Vestfold954474 703683415 022271053 901
    Telemark1955452 7941574702 99138751 983
    Agder2788032 8872226953 133561071 913
    Rogaland1554112 6521122962 643431152 677
    Vestland3156892 1872996672 23016221 382
    Møre og Romsdal1362481 8261182161 83018321 798
    Trøndelag - Trööndelage3335621 6882704821 78563801 276
    Nordland - Nordlánnda1952761 4141632441 4993231982
    Troms - Romsa - Tromssa951381 450891321 48665912
    Finnmark - Finnmárku - Finmarkku575495436361 0102118857
    Explanation of symbols
  • Registered transfers of real property
    Registered transfers of real property
    3rd quarter 2024
    TransfersNotified amount (NOK million)
    The whole country51 784171 383
    Østfold2 5678 375
    Akershus6 01829 011
    Oslo4 90235 459
    Innlandet4 3978 165
    Buskerud2 7247 817
    Vestfold2 2348 142
    Telemark1 6843 571
    Agder3 7579 605
    Rogaland4 20613 800
    Vestland5 99517 013
    Møre og Romsdal2 5895 356
    Trøndelag - Trööndelage5 36115 257
    Nordland - Nordlánnda2 6654 573
    Troms - Romsa - Tromssa1 7523 946
    Finnmark - Finnmárku - Finmarkku9331 290
    Explanation of symbols
  • Registered transfers of real property, by type of property
    Registered transfers of real property, by type of property
    3rd quarter 20213rd quarter 20223rd quarter 20233rd quarter 20241
    All properties57 48451 69148 43051 784
    Dwelling property total42 38439 27537 17739 902
    Dwelling property with building41 12938 28536 39139 078
    Dwelling property without building1 255990786824
    Holiday property total9 7107 4926 5226 826
    Holiday property with buildingl8 3616 4915 8156 152
    Holiday property without building1 3491 001707674
    Agricultural/forestry property total1 5691 4061 4091 482
    Agricultural/forestry property with building1 2841 1741 1571 253
    Agricultural/forestry property without building285232252229
    Commercial/office property total735672638563
    Commercial/office property with building675620599535
    Commercial/office property without building60523928
    Industrial property total590660502544
    Industrial property with building471565442476
    Industrial property without building119956068
    Communication purposes74818598
    Other2 1971 9481 8062 100
    Not specified225157291269
    1Preliminary figures.
    Explanation of symbols

About the statistics

The statistics comprise the number and value of registered transfers of real property and registered transfers of property owned through a housing cooperative. For dwellings and holiday homes sold on the free market, both total and average purchase prices are published.

The information under «About the statistics» was last updated 11 September 2021.

Registered amount

Registered amount comprises mainly purchase prices. If the transfer is free of charge, the value of the property stated on the deed of conveyance is used.

Average purchase price per transfer

An average purchase price is calculated for the following types of properties and transfers:

  • Dwelling property with building, title to land, free market sale and purchase price reported.
  • Holiday property with building, title to land, free market sale and purchase price reported.
  • Holiday home on leased site, free market sale and purchase price reported.
  • Dwelling owned through a housing cooperative.

Transfer

A transfer does not only comprise ordinary sale, but also donation, compulsory sale and eminent domain, licensed decedent estate, inheritance of decedent estate and other. A transfer can also comprise one or several cadastral units. For properties with more than one owner, a transfer can also be a part of a property.

Free market sale

Free market sale means that the property is sold for a price corresponding to the market value. The property is not always announced for sale on the free market.

Name: Transfer of properties
Topic: Construction, housing and property

30 January 2025

Division for Housing, Property, Spatial and Agricultural Statistics

The statistics are published at county and municipality level.

The statistics are published quarterly. Preliminary figures are published about 6 weeks after end of quarter. Usually, final figures are available about 32 weeks after end of quarter. The difference between preliminary and final figures is under 1 per cent.

The statistics are based on the date of registration. This date can be several weeks or months later than the date of sale. Data from finn.no from 2016 show that dwelling properties in average are sold 2-3 mounths before the date of registration.

Not relevant

Microdata are stored in Statistics Norway.

The aim is to provide statistics on the extent of transfers of real property in Norway. The statistics have comprised the present level of details since 1991. With fewer details the statistics go back to 1836. However, statistics are lacking for the years 1981-1983.

As from 2017 registered transfers of property owned through a housing cooperative are included.

Users are public institutions, estate agents, media and people in general.

No external users have access to the statistics and analyses before they are published and accessible simultaneously for all users on ssb.no at 8 am. Prior to this, a minimum of three months' advance notice is given in the Statistics Release Calendar. Read more about principles for equal treatement of all users on ssb.no.

Since 1991 Statistics Norway has worked out the quarterly House Price Index , which provides current price statistics for the housing market.

Statistics Norway also works out statistics on registered transfers of agricultural properties . This statistics are based on the properties defined as agricultural properties in the farm register owned by Norwegian Agriculture Agency.

The Statistics Act §§ 2-1, 3-2.

Not relevant

The statistics comprise all registered transfer of real property (and from 2017 registered transfer of property owned through a housing cooperative) and not only real sales. In addition to sales on the free market, the statistics also include donations, forced sales, expropriations, licensed decent estates, inheritance of decent estate and other registered transfers of title. The statistics include three types of real property: parcels, leases and sections of buildings registered as freehold.

Transfer of real property may occur without registration, but this is very uncommon.

A few transfers include more than one dwelling property unit or holiday property unit.

The statistics are based on data from two governmental administrative registers: the Register of Deeds ("Grunnboka") and the Norwegian Cadastre system (real properties, addresses, buildings and cadastral map). The Norwegian Mapping Authority has been managing the latter register for many years and has in the period 2004-2007 gradually taken over the management of the Register of Deeds from the local courts.

The statistics comprise all registered transfers of real property.

Data from the registers mentioned in chapter 3.2 are forwarded via file transfer and API to Statistics Norway.

The data are subject to computerized controls to detect lacks, errors, extreme values and lack of coherence. Data are corrected by means of additional information from the Register of Real Properties, Addresses and Buildings.

Mainly, the statistics comprise counting of transfers by various characteristics, e.g. type of property, type of transfer, with/without building and type of dwelling. Registered amount in NOK is also added up.

Registered amount is estimated as follows:

If the purchase price is above NOK 1, the registered amount is based on the purchase price. If the purchase price is NOK 1 or less, the registered amount is based on the value of the property stated on the deed of conveyance.

As from 2017 registered transfer of property owned through a housing cooperative is included. Data on share of common debt in the cooperatve come from tax statistics for persons. If data on debt is missing, an average value is used.

Not relevant

Figures based on less than three units (transfers) are not published if this causes risk for identifying any of the units concerned. Furthermore, figures are not published if more than 90 per cent of the registered amount originates from a single unit.

Statistics on transfers of real property exist as a continuous time series from 1836 to 1980. The statistics show the number of transfers and the registered amount, distributed on urban and rural areas. In addition, as from 1852 to 1980 a time series is available on average price per unit of assessed site value for agricultural properties sold on the free market.

Up to and including 1980, the statistics were based on aggregated data forwarded directly from local courts to Statistics Norway. The Register of Real Properties, Addresses and Buildings was established around 1980. The intension was to use this register as base for the statistics as from 1981. However, at that time data from several municipalities were lacking and the data quality for municipalities included was partially poor. Due to this, statistics are lacking for the years 1981-1983. As from 1984 statistics are published again, but for some years data were still of rather poor quality. Statistics at present level of details are published as from 1991.

Before 2006, the statistics were published in this way: 1st quarter, 1st half year, 1.-3. quarter and the whole year. As from 2006, the statistis are published quarterly.

Average price per transfer is published for transfers of dwelling properties with building and holiday properties with building. Properties without purchase price reported are not included. Dwelling property refers to detached houses, semi-detached houses, row-houses, flats in multi dwelling houses etc. Percentage of different dwelling types varies over time. For holiday properties a few transfers may include more than one holiday property unit. Due to these circumstances, the average value do not describe the price trend for a specific type of dwelling or holiday property, particularly not when the average figure is based on just a few transfers.

Therefore, average prices are not published for a lower level than county.

See the section revisions.

The statistics are based mainly on information reported in connection with registration of title to property and thus considered to be reliable. Misclassification of type of property and type of dwelling may occur.

In the period 2004-2007 the number of registered transfers classified as other type of property and other type of dwelling has increased. Registered transfers not specified have also increased. During the control routine we are not able to replace all of the transfers with the correct classification.

Errors originate from data processing in Statistics Norway are considered to be insignificant.

There are formal procedures to be followed when registering a real property. Consequently, non-response does not exist. Delay in the updating of the relevant registers may cause minor lacks in the preliminary statistics.

As from 2017 registered transfer of property owned through a housing cooperative is included. Data on the share of common debt in the cooperatve come from tax statistics for persons. If data on debt is missing, an average value is used.

The figures for dwelling and holiday properties in free sale for the years 2015-2020 have been changed. This is because several dwellings and a small number of holiday properties have by mistake been changed from the free sale to donation. These have now been changed back to free sale.

By linking information about the buyers and sellers involved in the sales with information from the National Population Register, we have been able to determine if any of the buyers are family members of the sellers. Up to three sellers and two buyers from each sale were included in the assessment of whether the buyer is related to the seller.

The following relatives are included in the test:

  • Spouse
  • Parents
  • Children
  • Siblings
  • Grandparents
  • Aunts/uncles

Sales that are declared as free market sales should be placed in the ‘other’ category if the price is lower than the market price. The guidelines for the statistics have not included any criteria for inclusion as a free market sale in terms of how the dwelling is sold or who buys the property. The only requirement has been for it to be sold at market price. This is often difficult to assess.

We have therefore examined how house sales to family members that are categorised as free market sales differ from the rest of the sales. We have only included sales with title transfers here. The average purchase price for dwellings sold to family members was significantly lower than the average for all free market sales. The low purchase price suggests that many of these dwellings were sold at a reduced price. Sales that are declared as free market sales have been placed in the ‘other category from 2015 if the buyer is related to the seller.

Contact