SSB: Cabin sales in Norway grew by 49% compared to the same quarter of last year

Cabins - cottagesPhoto: Erik Johansen / NTB
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Just over 3,600 cabins and holiday homes were sold at a price that corresponds to the market value in the first quarter of the year.

That is 49% more than in the same quarter last year, figures from Statistics Norway (SSB) show.

Sales of cabins and holiday homes at a price that corresponds to the market value increased in all counties, but most cabins changed owners in Innlandet and Viken (890) and Oslo (860), according to SSB.

Most cabin sales were made in the mountain cabin municipalities of Trysil, Hol, and Vinje. 133, 122, and 107 cabins were sold there in the first quarter, respectively.

The statistics show that every third cabin cost less than NOK 1 million, while 40% of the cabins cost NOK 1-3 million.

For one of five cabins, the new owners had to pay NOK 3-5 million, while 8% cost more than NOK 5 million. A total of 60 of the sold cabins reached a price of over NOK 8 million.

Source: © NTB Scanpix / #Norway Today / #NorwayTodayFinance

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