Real estate agent Synnøve Sletten Karlsbakk has sold ten properties exceeding 100,000 Norwegian kroner per square meter this year. This trend demonstrates buyers' continued willingness to pay premium prices for properties offering the right combination of qualities. The Bergen housing market has experienced strong price growth throughout the third quarter.
The highest-priced property reached 116,176 kroner per square meter. Karlsbakk explains that buyers show strong payment willingness for homes offering rare combinations of features. She emphasizes that price rarely stems from one single factor but rather the sum of multiple attractive characteristics.
Most premium sales occurred in Nordnes and nearby central neighborhoods. Seven apartments in Skottegaten, one in Vestre Murallmenningen 1, and one in Strangehagen 20 all surpassed the 100,000 kroner per square meter threshold. Nine of these ten properties featured elevator buildings, while eight were located in Skottegaten 21B, a building known for its consistently high standards.
Karlsbakk points to Skottegaten 21B as a prime example of what buyers seek. The building combines classical architectural expression with interior standards approaching new construction quality. This combination appeals to buyers who value lasting qualities and high living standards over time.
Vestre Murallmenningen 1 offered another compelling combination with over 80 square meters, elevator, garage, sunny outdoor spaces, views, and central location. Strangehagen 20 lacked elevator and parking but provided views, rooftop terrace, and high standards in a building from 2008.
Demand for space-efficient central apartments remains strong, particularly for four-room units. Karlsbakk identifies two main buyer groups: families already living in the area seeking more space, and families from outside the center wanting to move in. She adds that adult buyers seeking urban lifestyles also contribute to demand, especially in buildings with elevators, sunny outdoor areas, and high standards.
Nordnes proves particularly attractive for both groups due to its central proximity combined with calmer character. The area continues developing, with projects like Nøstet sjøfront adding 148 new apartments directly on the Byfjorden waterfront.
Karlsbakk sees no signs of weakening interest in the most attractive properties. She notes many buyers with solid finances and clear preferences continue competing for quality listings. When the right apartment comes to market, multiple bidders typically emerge quickly.
The Bergen premium property market reflects broader Norwegian urban trends where location, quality, and unique features command substantial price premiums. This pattern shows how specific property combinations can outperform general market trends, creating micro-markets within larger urban centers.
International readers should note that Norwegian property prices remain strong despite global economic uncertainties. The consistent demand for premium central properties suggests confidence in Bergen's long-term appeal and economic stability. The city's combination of historic charm and modern development continues attracting buyers willing to invest in quality urban living.
