ACCORDING to the latest figures from the Cyprus Land Registry, there was a modest increase in the number of properties sold during November this year compared to November 2008.
Overall, 792 contracts of sale were deposited at Land Registries throughout Cyprus in November, compared to 723 last month and 782 in November 2008. And although 1% more properties were sold last month than a year ago, demand is still very low compared to previous years. In November 2007 for example 1,979 properties were sold and in November 2006 1,587.
| Number of Property Sales – 2008/2009 Comparison | ||||||||||||
| Location | Nicosia | Famagusta | Larnaca | Limassol | Paphos | Total | ||||||
| Month | 2008 | 2009 | 2008 | 2009 | 2008 | 2009 | 2008 | 2009 | 2008 | 2009 | 2008 | 2009 |
| January | 367 | 101 | 187 | 37 | 345 | 77 | 301 | 152 | 415 | 91 | 1615 | 458 |
| February | 349 | 161 | 269 | 52 | 312 | 112 | 345 | 132 | 306 | 101 | 1581 | 558 |
| March | 365 | 162 | 142 | 49 | 229 | 97 | 317 | 160 | 273 | 112 | 1326 | 580 |
| April | 296 | 162 | 143 | 71 | 296 | 122 | 310 | 126 | 291 | 122 | 1336 | 603 |
| May | 325 | 184 | 216 | 68 | 282 | 134 | 268 | 146 | 275 | 107 | 1366 | 639 |
| June | 298 | 188 | 166 | 82 | 289 | 152 | 297 | 189 | 336 | 142 | 1386 | 753 |
| July | 330 | 254 | 225 | 114 | 266 | 141 | 369 | 214 | 352 | 179 | 1542 | 902 |
| August | 155 | 173 | 128 | 64 | 165 | 135 | 236 | 148 | 252 | 122 | 936 | 642 |
| September | 238 | 235 | 196 | 83 | 241 | 113 | 233 | 174 | 249 | 152 | 1157 | 757 |
| October | 228 | 195 | 128 | 88 | 211 | 114 | 235 | 182 | 214 | 144 | 1016 | 723 |
| November | 178 | 221 | 82 | 92 | 128 | 134 | 197 | 191 | 197 | 154 | 782 | 792 |
| Total Sales | 3129 | 2036 | 1882 | 800 | 2764 | 1331 | 3108 | 1814 | 3160 | 1426 | 14043 | 7407 |
| % Change | -35% | -57% | -52% | -42% | -55% | -47% | ||||||
