SOURCE: Coldwell Banker Real Estate

Coldwell Banker Real Estate

July 13, 2011 05:00 ET

Coldwell Banker Real Estate Issues International Housing Report

Identifies Average Home Listing Price in 30 Countries and More Than 60 Markets

PARSIPPANY, NJ--(Marketwire - Jul 13, 2011) - Coldwell Banker Real Estate LLC today released a report on international housing markets, which compares similar four-bedroom, two-bathroom homes in 30 countries and more than 60 markets outside the United States and Canada.

Among the more affluent markets in the report is Neuilly-sur-Seine, France, located just four miles from the center of Paris and is the hometown of Nicolas Sarkozy, the current President of the French Republic. The city also serves as the headquarters for the global edition of The New York Times newspaper, The International Herald Tribune. A continent away in the opposite hemisphere, the tourist city of Salinas, Ecuador, is one of the many markets offering great affordability. It is also known for its proximity to the Pacific Ocean and year-round temperatures averaging 80 degrees Fahrenheit.

"As one of the world's premier international real estate companies, Coldwell Banker has the pulse on what is happening in various global markets," said Budge Huskey, president and chief operating officer, Coldwell Banker Real Estate LLC. "Increasingly we have seen that buyers are expanding their horizons when it comes to the number of countries under consideration for their investment."

In addition to Salinas and Neuilly-sur-Seine, the Coldwell Banker report highlights some of the world's most prominent cities, full of fun trivia and charming local facts:

  • Paris, France, has been ranked as one of the top three European cities of the future by The Financial Times and produces more than one fourth of France's total gross domestic product.
  • Madrid, Spain, is the third largest city in the European Union and is considered the major financial center of Southern Europe.
  • Rome is the capital and most populated city of Italy and has been ranked as one of the world's 15 most important cities.
  • Amsterdam is the financial and cultural capital of the Netherlands and home to seven Fortune 500 companies including ING Group and Royal Philips Electronics.
  • Dublin houses more than one-quarter of the entire population of Ireland and is ranked 29th in the Global Financial Centres Index.
  • Aruba is renowned for its white, sandy beaches, temperate waters and warm climate moderated by the trade winds of the Atlantic Ocean.
  • Istanbul is the cultural, economic, and financial center of Turkey and at one time served as the capital of the Roman and Ottoman Empires.
  • Mexico City, Mexico, is the country's most important political, cultural, educational and financial center and boasts one of the world's fastest growing economies with a gross domestic product expected to double by 2020.

The release of this international data follows the recent Coldwell Banker Home Listing Report, a comprehensive analysis of real estate markets throughout the U.S. and Canada. Additional information on the North American report can be found on the Coldwell Banker Home Listing Report website.

Below are the full findings of the international report:

Country Market Average Listing
Price (USD)
Aruba Aruba $445,875
Australia Brisbane $583,555
Australia Gold Coast $674,796
Australia Sydney $1,047,250
Belize San Pedro $366,750
Bermuda Bermuda $1,253,750
Costa Rica Santa Ana $617,500
Curacao Willemstad $227,733
Czech Republic Brno $264,097
Czech Republic Ceske Budejovice $170,125
Czech Republic Prague $638,750
Dominican Republic Cabarete $328,500
Dominican Republic Sosua $196,250
Ecuador Salinas $75,000
France Asniere sur Seine $1,957,000
France Boulogne $2,565,000
France Neuilly-sur-Seine $4,204,000
France Paris $3,624,000
Greece Athens $632,624
Guatemala Guatemala City $265,000
Honduras San Pedro Sula $193,000
Honduras Tegucigalpa $242,750
Indonesia Bandung $232,558
Indonesia Denpasar $158,430
Indonesia Jakarta $354,651
Indonesia Surabaya $210,756
Ireland Dublin $687,289
Italy Aosta $976,000
Italy Milan $1,918,750
Italy Riccione $898,750
Italy Rome $1,777,750
Lebanon Beirut $765,000
Lebanon Jounieh $387,500
Malta Attard $505,000
Malta Fgura $405,000
Malta Sliema $605,000
Malta St. Paul's Bay $430,000
Mexico Mexico City $566,500
Mexico Monterrey $400,211
Netherlands Amsterdam $862,320
Netherlands Bussum $631,984
Netherlands Rotterdam $574,400
Netherlands The Hague $827,770
Panama Panama City $285,000
Peru Lima $423,125
Peru Trujillo $281,000
Romania Brasov $477,714
Romania Bucuresti $562,236
Spain Madrid $1,877,070
St. Croix Christiansted $540,400
St. Kitts-Nevis Nevis $1,103,750
Turkey Ankara $264,000
Turkey Antalya $227,500
Turkey Istanbul $417,975
Turkey Izmir $311,000
Turks and Caicos Providenciales $1,033,750
Venezuela Caracas $138,497
Venezuela Maracaibo $94,776
Venezuela Porlamar $208,039
Venezuela Valencia $119,718
Vietnam Da Nang $803,571
Vietnam Ha Noi $816,667

About Coldwell Banker®
Since 1906, the Coldwell Banker® organization has been a premier provider of full-service residential and commercial real estate. Coldwell Banker is the oldest national real estate brand in the United States and today has a network of more than 87,000 sales agents working in approximately 3,200 offices in 49 countries and territories. The Coldwell Banker brand is known for creating innovative consumer services as recently seen by being the first national real estate brand to augment its web site for smart phones, the first to create an iPhone and iPad application, and the first to fully harness the power of video in real estate listings, news and information through its Coldwell Banker On Location (SM) YouTube channel. The Coldwell Banker system is a leader in specialty markets such as resort, new homes and luxury properties through its Coldwell Banker Previews International® marketing program. Coldwell Banker Real Estate LLC fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Each office is independently owned and operated.

Contact Information

  • For Greater National Perspective on Real Estate Trends & Home Values and/or to Obtain Local Market Interviews:

    David Siroty
    Coldwell Banker Real Estate LLC
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    Heather Roberts
    Coldwell Banker Real Estate LLC
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    Meredith Topalanchik
    CooperKatz for Coldwell Banker Real Estate LLC
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