Saudi Housing Market Saw USD 33 Billion in Transactions in Early 2025

Saudi Arabia’s housing market recorded transactions worth USD 33 billion in the first half of 2025, driven largely by residential deals, which made up around 63% of total property activity.

Across the Kingdom, nearly 93,700 residential transactions were completed, marking a 7% increase compared to the same period last year. Mortgage financing also rose by 15% to reach USD 12.8 billion, supported by competitive lending conditions and government-backed initiatives.

At the city level, trends varied sharply. Madinah led growth with a 49% surge in transaction value and a 38% rise in volumes, underscoring increased demand from both investors and buyers. Jeddah followed with a 28% increase in residential transaction values, alongside modest gains in apartment and villa prices.

Meanwhile, Riyadh entered a period of recalibration, with transaction volumes falling 31% and values declining 20%, although average property prices continued to rise in areas close to the city’s new metro network.