Coldwell Banker Issues International Housing Report

PARSIPPANY, N.J. (July 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 and 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 (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, Ceské Budejovice - $170,125
Czech Republic, Prague - $638,750
Dominican Republic, Cabarete - $328,500
Dominican Republic, Sosua - $196,250
Ecuador, Salinas - $75,000
France, Asnière 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 approximately 83,000 sales agents working in approximately 3,100 offices in 50 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 create an iPad application and the first to fully harness the power of video in real estate listings, news and information through its Coldwell Banker On LocationSM 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.
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