Norway House Prices Accelerate in November

House prices in Norway rose by 0.1% month-on-month in March 2026, following a 0.3% drop in the previous month. Residential sales totaled 9,522 units, 2.2% fewer than in the corresponding month of the previous year, while 9,722 were listed for sale, 18.1% less than last year. The average time to sell a home was 50 days in March, shorter than February’s 59 days. Bergen and Stavanger, along with surrounding areas, had the fastest sales, with selling periods of 13 and 16 days, respectively, while Fredrikstad/Sapsborg had the longest selling period at 113 days. Regionally, Ålesund (+2%) had the highest price increase, followed by Tønsberg and Færder (+1.9%). Meanwhile, Porsgrunn/Skien (-2.3%) and Kristiansand (-0.4%) saw the sharpest declines. On a yearly basis, house prices stood at 3% in March, unchanged from the previous month. For the January-March period, prices were 4.5% higher compared with the same period a year ago.

House prices in Norway decreased by 0.3% month-on-month in February 2026, following a 0.6% rise in the previous month. Residential sales totaled 7,862 units in February, 4.9% fewer than in the corresponding month of the previous year, while 8,165 homes were listed for sale, 1.0% more than last year. The average time to sell a home was 59 days in February, shorter than January's 62 days. Bergen and Stavanger, along with surrounding areas, had the fastest sales, with selling periods of 15 and 19 days, respectively, while Fredrikstad/Sarpsborg had the longest selling period at 122 days. Regionally, Porsgrunn/Skien recorded the highest price increase (+1.2%), followed by Bergen (+1.0%) and Bodø (+0.9%). Meanwhile, Tønsberg and Færder (-2.7%), Ålesund (-1.3%), and Oslo (-1.2%) saw the sharpest declines. On a yearly basis, house prices rose by 3.0%, easing from a 4.2% increase in January. For the January-February period, prices were 4.1% higher compared with the same period a year ago.

House prices in Norway rose by 0.6% month-on-month in January 2026, after showing no growth in the previous month. Residential sales totaled 8,156 units in January, 4.4% fewer than in the same month last year, while 8,490 homes were listed for sale, 13.2% more than a year ago. The average time to sell a home was 62 days in January, compared to 71 days in December. Bergen and Stavanger and surrounding areas had the shortest selling period at 23 days, while Fredrikstad/Sarpsborg had the longest at 136 days. Regionally, Ålesund and its surrounding areas posted the strongest price gains (+3.8%), followed by Bodø/Fauske (+2.9%) and Tromsø (+2.8%). Meanwhile, Fredrikstad/Sarpsborg (-1.5%) and Asker/Bærum and surrounding areas (-1.3%) recorded the biggest declines. On a yearly basis, house prices increased by 4.2% in January, easing from a 5% rise in December.