The housing market in Skellefteå, Sweden, is showing signs of recovery after several difficult years, according to local real estate agents. The uptick in activity reportedly follows the announcement that battery manufacturer Lyten will begin production in the area and employ 600 people.
Real estate agent Sara Lundström noted increased market activity, stating, 'There is more activity in the market now, it's noticeable.' Currently, there are 750 apartments and houses for sale in Skellefteå on the Hemnet platform, while municipal housing company Skebo and private landlords have approximately 1,000 vacant apartments available for rent.
There is more activity in the market now, it's noticeable.
Lundström reported selling a 100-square-meter four-room apartment for 4,495,000 kronor with a monthly rent of 6,500 kronor. At the bridge entrance to the city, the housing association Framtiden has around 70 condominiums, with 30 remaining unsold after two years despite previous discount campaigns offering 100,000 kronor per room.
The market improvement comes after what agents describe as a 'deep freeze' period lasting several years, with the Lyten battery manufacturing announcement appearing to stimulate renewed interest in the local housing market.