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Monday, June 17, 2024

Hytte sales climb in the mountains

Lots of snow and Norwegians off on winter holidays with their solid bank accounts have led to a jump in sales of mountain holiday homes known as hytter this month. Brokers report that sales are especially strong for cabins costing around NOK 3 million (USD 400,000).

“There’s good puls all over the mountains, and with lots of snow, the mood has been good, too,” Olav Qvale of real estate brokerage firm Privatmegleren in Valdres told newspaper Dagens Næringsliv (DN) this week. His office has been especially busy over the past two weeks because of school holidays that often are spent skiing in the mountains.

Families with children have been among the most eager buyers, with interest strong in Valdres, around Lillehammer, at Trysil and Sjusjøen. “I actually sold a hytte after a bidding round last Friday, and that hasn’t been so common lately,” broker Stig Svartor of the Aktiv real estate firm told DN.

Sales in January also hit what Svartor called an “all-time high,” and he had 15 showings on his list last week.

As winter holidays wound down this weekend, meanwhile, state meteorologists were advising motorists to head for home early because more stormy weather was moving in over southern Norway. Driving was expected to be hazardous, especially on Sunday. staff



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