property
Jordaan Listings Stretch to 52 Days on Market as Vendors Increase Discounts
Sellers adjust asking prices after properties linger longer in the central Amsterdam neighbourhood.
How we reported this
Properties in Jordaan remained on the market for an average of 52 days during June, compared with 38 days in the same month last year, while average vendor discounts reached 4.2 percent off initial asking prices.
Global events this summer have added caution among buyers in the Dutch capital, with higher borrowing costs and news from the Strait of Hormuz and NATO meetings filtering through to local decisions on larger purchases. Estate agents note that families who might have moved quickly last year now wait for clearer signals on interest rates before committing.
Street-level shifts in the neighbourhood
Along the Bloemgracht, four canal-side apartments listed in early May still carried price reductions of between 18,000 and 35,000 euros when they changed hands in late June. Further north on the Lindengracht, a converted warehouse unit first marketed at 785,000 euros sold for 742,000 euros after 61 days, according to records filed with the Amsterdamse Makelaars Vereniging. Local firm De Key Woningstichting has also reported slower uptake on its shared-equity schemes in the same blocks, with applications down 12 percent from April levels.
Figures released by the Vereniging Eigen Huis on 3 July show Jordaan discounts now exceed those recorded in the Oud-West district by 1.1 percentage points. The same dataset lists 27 active listings between Prinsengracht and Elandsgracht that have received at least one price cut since May.
Next steps for buyers and sellers
Buyers inspecting homes this month should review the full chain of price adjustments on Funda before making offers, as further small reductions remain common on units listed above 650,000 euros. Sellers planning to list before September are advised to set initial prices no more than 3 percent above recent comparable sales on the same street to avoid extended marketing periods.
This article is general information only and is not personal financial or investment advice. Consider your own circumstances and seek licensed professional advice before making financial decisions.