A home in Asker, outside Oslo, sold for NOK 11.5 million just four hours after it was listed on Finn.no last week. The seller, Jonas Johns Gunnheim, confirmed the deal was completed within the same day. The property had been purchased in 2019 for NOK 10.6 million, meaning Gunnheim made a profit of nearly NOK 900,000 before fees and taxes.
Real estate agents in the area say the quick sale reflects persistent demand in the local housing market. Erik Solbakken, a broker at Eiendomshuset Asker, noted that despite concerns over potential interest rate hikes, buyers are still active. We’ve seen multiple offers on similar properties within days, he said. The market here isn’t slowing down.
Gunnheim listed the property himself but worked with an agent to finalize the sale. He said he priced it competitively to attract interest. The response was immediate. Within an hour, we had several showings and multiple bids, he told local media. The final price exceeded expectations.
The sale comes as Norway’s central bank has signaled further rate increases to curb inflation. Yet, brokers report that buyers remain undeterred. Marianne Berg, an economist at DNB Markets, attributed the trend to limited housing supply. There just aren’t enough homes for sale to meet demand, she said. That keeps prices high and transactions fast.
For Gunnheim, the quick profit was unexpected but welcome. He plans to reinvest in another property. The market’s still moving fast, he said. If you have something good, it won’t stay on the market long.
Source: e24.no