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Amsterdam North through the eyes of a real estate agent

NVMMVARightmove
May 30, 2022
By Wouter Thöne

Amsterdam North. It has it all. From a diverse selection of restaurants to the NDSM site, which regularly serves as a festival venue, the A’dam Tower, and an organic market on Buikslotermeerplein. “People still say ‘good morning’ to each other here. You don’t see that in other neighborhoods…”

Amsterdam North. It has it all. From a diverse selection of restaurants to the NDSM site—which regularly serves as a festival venue—the A’dam Tower, and an organic market on Buikslotermeerplein. And if you want to pop into the city center, you can be on the other side of town in no time via the North-South Line. Apartments and homes are being built at a rapid pace, hotspots keep popping up, and the neighborhood is being revitalized. Is it time for you to buy a home in Amsterdam North?

A village that’s grown out of proportion…

That’s how Kaylee, our neighborhood specialist and real estate agent in Amsterdam North, describes the area. “People still say ‘good morning’ to each other here. You don’t see that very often in other neighborhoods in Amsterdam anymore.” It’s the perfect mix of young and old, native Amsterdammers and expats, and a wonderful blend of different cultures. As a real estate agent in Amsterdam North, she truly enjoys her work. Although she also recognizes that buying a home in Amsterdam North is no longer within everyone’s reach. 

Housing prices are also rising in Amsterdam North

The fact that the neighborhood is so well-developed has not gone unnoticed. While prices were roughly 4,500 per square meter in 2022, they rose to 6,051 in Q1 2022—a 34% increase in less than two years. The average transaction price is also rising. On average, a home in Amsterdam North sells for 520,901. However, home prices are not rising in line with the average price per square meter. Another notable point is the average bid premium in North compared to Amsterdam as a whole. Here we see an average of 114.7% compared to 112.7%. 

Relatively small houses and/or apartments…

We see a very significant difference in price per square meter for homes ranging from 15 to 60 square meters. For a home between 15 and 40 m², the average price is €8,171 per square meter. For a home between 40 and 60 m², the average price is €7,425 per square meter. As real estate agents in Amsterdam North, we are noticing the pressure on these homes. The large number of viewings is driving up prices. On average, a home in Amsterdam North is on the market for only 31 days before it sells. 

As specialists in Amsterdam North, we’re happy to help you buy or sell a home

Is this information useful to you? If so, we recommend downloading our quarterly reports. That way, you’ll receive a personalized report every quarter to keep you informed. Are you thinking of selling your home in Amsterdam North? Or perhaps buying a home in Amsterdam North? If so, our real estate agent in Amsterdam North, Kaylee, is here to help!

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