Turkey, and whether this trend will continue or stop has been a subject of discussion. According to the Central Bank of Turkey’s (TCMB) January 2025 Housing Price Index, the average price of a 100-square-meter house in Edirne reached 3,192,650 TL. This makes Edirne the 8th highest city in Turkey in terms of property prices.
Some local real estate experts offer the following insights on the reasons for the price increase:
Regional Comparison:
Edirne is outperforming other cities in the Thrace and Marmara regions, including Tekirdağ, Kırklareli, and Balıkesir, in terms of housing prices.
When comparing Edirne to other cities in the region, the average housing prices are as follows:
Çanakkale: 3,571,400 TL (11% more expensive than Edirne)
Balıkesir: 3,417,580 TL (7% more expensive than Edirne)
Kırklareli: 2,996,310 TL (6% cheaper than Edirne)
Tekirdağ: 2,926,140 TL (9% cheaper than Edirne)
This data indicates that the increase in housing prices in Edirne has been accelerating, and the city has now reached an important regional position.
Will the Price Increase Stop?
Experts suggest that Edirne’s property prices are now close to the national average (3,613,180 TL), but the city has surpassed many other cities in the Marmara and Thrace regions in terms of price.
When compared to Istanbul’s average housing price (5,573,060 TL), Edirne still offers a more affordable property market.
On the other hand, recent price hikes show that Edirne has closed the gap with Istanbul in terms of property value. The demand for housing in Edirne has been rising, but the limited number of new housing projects has led to insufficient supply, further driving up prices.
The growing role of new housing projects and cooperative building efforts in the market has also been a key factor in the price surge.
Impact of Recent Earthquakes:
The property price surge in Edirne has been particularly noticeable after the recent earthquakes. The fear of earthquakes has led many citizens to choose Edirne and surrounding areas, which are perceived as more resistant to seismic activity. This increased demand has significantly impacted property prices.
In summary, Edirne’s real estate market is experiencing a notable price rise, driven by both regional factors and the increased demand post-earthquake. The continued demand, combined with limited supply, makes it uncertain whether this trend will stabilize or continue.
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