Leiligheten har stått usolgt siden mai: – Totalt umulig å selge

Ingrid Stjernqvist, a 42-year-old resident of Oslo, has been struggling to sell her spacious apartment on Åsengata in Torshov since May. This follows a period when the Norwegian real estate market was performing strongly. Currently, the average time for unsold properties in Norway is 48 days in September, according to data from Eiendom Norge.

In Torshov, only a few apartments out of a dozen on display have generated interest, yet none have resulted in a sale. Stjernqvist notes that his apartment, which he purchased with a former partner in winter 2021, has been on the market for an unusually long 180 days.

Stating that his apartment is excellent and well-presented, he is resorting to an unusual approach by offering a NOK 10,000 reward to anyone who expresses interest in purchasing it. Despite its prime location near public transportation, shops, and cafés, the apartment has not attracted any serious buyers. The property was initially listed for NOK 6.2 million, but as a strategy to target the 5-6 million NOK price segment, it has been reduced to NOK 5.8 million.

Stjernqvist attributes the slow sales to market dynamics, suggesting that many potential buyers are waiting to buy before they sell.

Real estate broker Stine Louise Opstadmo shares a similar sentiment, attributing the sluggish market to a combination of factors including multiple people opting to sell before buying, and the latest changes in the Finn platform. She emphasizes that while sales of properties still occur, the slow market in the 64-square-meter apartment segment is a concern.

Market statistics indicate that 40% of apartments are sold on their first viewing, yet the segment where Stjernqvist's apartment falls is experiencing significant challenges. Despite a temporary downturn in September 2023 due to rising interest rates, market trends traditionally suggest a rebound in prices by next year.