House prices in Reykjanesbær: registered residential sale prices from the HMS property register, median price per m², sales count and year-on-year change. These are sold prices, not asking prices from listings.
Over the last twelve months, the median residential price in Reykjanesbær is 629,017 ISK per square metre, based on 502 registered sales in the HMS property register (Kaupskrá). The median sale price is 57,500,000 ISK. That is about 16% below the national median price per square metre of 746,528 ISK. The median sale price is 2.2% lower than the same period a year earlier.
Understanding the Reykjanesbær housing market
This page summarizes house prices in Reykjanesbær from registered residential sale contracts. It is designed to show the typical sold price, the median price per square metre and how many homes changed hands over the last 12 months.
The median sold price is a steadier reference than the average when a few unusually expensive or inexpensive homes could distort the picture. Price per square metre makes comparisons easier across areas where the mix of home sizes differs.
The year-on-year figure compares the latest 12 months with the previous 12 months. It is a useful read on price momentum in Reykjanesbær, but in smaller municipalities individual sales and changes in the size mix can move the number noticeably.
Frequently asked questions
How much does a home cost in Reykjanesbær?
The clearest short answer is the median registered sold price in Reykjanesbær, when enough transactions are available. It is based on residential sales in the HMS property register, not asking prices from listings.
How are house prices in Reykjanesbær calculated?
The figures are calculated from registered sale contracts in the HMS property register. The page shows median sold price, median price per square metre, registered sales volume and change between two 12-month periods.
Are these asking prices or sold prices?
They are sold prices from registered sale contracts, not asking prices from property listings. That makes them a better guide to what buyers actually paid.
Why is the median sometimes missing?
If there are fewer than 10 registered sales in the sample, the median is not shown. This avoids presenting thin, unstable figures as if they were a reliable market price.
Figures are based on registered residential sale transactions in the HMS property register. Municipalities with fewer than 10 sales do not report a median.