What is the Current Supply and Demand Balance of Housing for Sale in Beşiktaş District?

While 15,724 houses were sold across Istanbul in July 2023, 159 flats were sold in Beşiktaş.
The average number of house sales across Beşiktaş between July 2015 and 2023 is 199.
People are staying away from old buildings after the February earthquake.
In our Beşiktaş district, most of the buildings have the status of old buildings.
Problems in the general economy and the level of real estate prices, when we add the difficulty in accessing loans, restrict people's demand for housing purchases.
When we put all the factors together, housing demand is weak throughout Beşiktaş.
I think the demand will increase throughout Beşiktaş as the buildings are renewed.
It is important to be aware that the Beşiktaş region is the region where the population with the highest purchasing power in Istanbul lives.
The supply side is clearly more active in housing sales. The sellers are generally the "full sellers" crowd who are not in a hurry.