Belgian house prices - first quarter 2019

Statbel, the Belgian statistical office, publishes today the house prices in Belgium for the first quarter of 2019.

The main results are the following:

• The Belgian median price for an attached or semi-detached house amounted to 205,000 euros in the first quarter of 2019. A buyer had to pay 295,000 euros for a detached house.
• The Walloon Region is the cheapest with a median price of 145,000 euros for an attached or semi-detached house, and 236,000 euros for a detached house.
• It is followed by the Flemish Region. Attached and semi-detached houses cost there 230,000 euros, and a detached house cost 330,000 euros.
• The Brussels-Capital Region is the most expensive region for all types of dwellings. Attached and semi-detached houses cost there 399,500 euros. The price for a detached house amounted to 895,000 euros.

Definition: The median price is the price at which 50 % of houses sold are cheaper and 50 % are more expensive. This gives a more robust result that is also more comparable over time. Indeed, median prices are less affected by extreme sales price.