Over 75 percent of the houses that come on the market are sold either at the asking price or (far) above; 10% above the asking price has almost become the norm. The number of viewings and offers per property has declined somewhat, however, the pressure remains consistently high. Since January 1, 2021, investors are paying 8 percent in transfer tax and are expected to become more reticent to buy, at least for the time being. This will slightly improve the position of first-time buyers.
As the housing market is so tight and private buyers hardly have insight into the ultimate selling prices of the listed houses, more and more people who are looking for a house opt for the services of a real estate agent. This often gives them a better chance to view the available houses (as estate agents know which houses are coming on the market before they are listed online) and the estate agent can offer more information regarding the state of the house and the expected selling prices. Consequently, they will have a better idea of what price they should offer for a house and, thus, are usually more successful at having an offer accepted.
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The Dutch housing market in 2021
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