Amsterdammers who put their house up for sale do not always lose it in no time. They also noticed this at the Open House Day, which was able to take place for the first time in three years. “Where it used to be very easy, it is now a bit slower.”
For example, Menno Breedveld, who put his house up for sale for euros three months ago, is not exactly going through a storm yet. The house on the Esplanade de Meer has a living area of 123 square meters and an asking price of 725,000 euros.
“It’s exciting,” says Breedveld, who bought a house in IJburg in July. “We hope it sells quickly. Now we have double burdens and that is of course not so nice.”
Is he concerned? “On the one hand yes, on the other hand it is not. It is just a beautiful house. I expect it to sell. A house above was recently sold for a record price.”
Look calmer
But the days of bidders tripping over each other trying to buy a home are over for now. “The erratic edges of the Amsterdam housing market have cooled down a bit,” says real estate agent Demi van Dongen. “As a result, there is now more supply and people can look at homes more calmly.”
It is precisely “a very uncertain time for sellers”, says Van Dongen. “Where it first went very easy, it is now going a bit slower. You can see that buyers are becoming a bit more restless with the energy crisis that is coming.” The rise in mortgage rates and uncertainty abroad are also causes of the cooling of the housing market, according to the broker.
No overbids
There is no sign of falling house prices yet, says Van Dongen. “They only rise a little less quickly. Where it was previously outbid a lot, that is no longer the case. This is mainly seen in homes that still need to be done.”
Does Menno Breedveld still expect many viewers today? “Dozens? Let’s see. It’s hard to say. I don’t think much. If a few come I’ll be happy.” The house was finally viewed by two people today.