In shenzhen, after a sharp fall in prices, there was a rebound。
In shenzhen, the shenzhen 100-flower area is located on the streets of the fukuda park, which is recognized by shenzhen as an “educative sacred place” and a school block, and the central advantage of the housing resources in the block is the high-density top-level public education cluster, commonly known as the “schoolhouse”。
“now that the school district is at least half as high as it was in 2019, there has been a steady trend in the recent past and the offer by the owner has grown stronger.” on the afternoon of 23 march, liu guoan, the estate agent for the 100-flower area, told journalists that 44 square metres of small household unit prices in the national city garden in the area had been set at 170,000 yuan/m2 and 15 per cent of low-level rebound; kim moo yee had been able to re-establish his small house for approximately 45 square metres and had been able to buy less than $5 million at the end of last year。
In the afternoon, journalists of the daily economy news visited the site to learn that the sub-household heating rate in the two experimental schools in the area was higher than in the large household, and that the overall pattern was “higher unit prices in the small households and stronger prices in the school district”, with a general recovery of $200,000 to $400,000 compared to last year's lows, with home buyers generally based on families in need of children to attend school。
In fact, the second-hand room in shenzhen has also seen a marked return to warmth since this year. According to shenzhen shell institute, the number of second-hand contracts at shenzhen's shell's cooperative store increased by 9. 9 per cent from last week (16 march to 22 march) to a weekly high of 17 months; this year, according to data for the four weeks after spring festival, the number of second-hand contracts in shenzhen increased by 18 per cent over the same period last year。
Second-hand house in fukuda
Small house prices in the 100-flower area are the first to return. Litres
To mention shenzhen's top school district, the 100-flower area is absolutely indestructible。
This is a significant reason for the relatively high gross domestic product (GDP) in shenzhen city。
In retrospect, housing prices in the 100-flower area were once at the peak. In 2019, the school buildings were fired to a “day price”, with unit prices exceeding $200,000 per square metre in many small areas, a small family size of over 40 square metres, which could easily break the price of millions of dollars, but now many of the small areas are close to 2015-2016。
A garden of the wall is the most typical example. The 85 square metres of housing stock in the sub-district was sold at a sale price of $12. 95 million at the peak of 2021, while only $5. 52 million was sold at the ice point in 2024, a price decline of about 57 per cent. Today, the price of the house has risen and stabilized at around $6. 1 million, and prices have risen somewhat, but are still far below peak levels。
Every reporter, chen yong-ho
At its peak in 2020, approximately 87 square metres of two houses were sold to just $6. 58 million at the bottom of the valley, a decline of about 42 per cent, and the owner's listing price has now stabilized at over $6. 8 million。
Liu guoan indicated to the press that the school buildings in this area are mainly located on two blocks, one of which is a 100-flower area, with a core degree of 100-flower primary school + experimental junior high school, with a common unit price of 70,000 to 90,000 yuan per square metre for second-hand buildings, and higher prices for small household housing sources. The other is the park block, with a core degree at the primary school of the park and the middle school of the red ridge, with a common unit price of 50,000 to 60,000 yuan/m2。
Change in the prices of the shenzhen schools
Journalists noted that in the school district, the overall small-household “smuggle” was more volatile than the overall price, which rebounded more strongly during the boom。
The national garden owner's bid is from: network
Of these, 44 square metres of small household size have been stabilized at $170,000 +/m2, with prices generally reaching $180,000/m2 and even high prices of $200,000/m2 by owners。
In contrast, small areas such as the south two gardens, the great wall one-two gardens, the long-eye gardens, etc., are relatively stable because of their large household size and their overall price, with second-hand houses now costing more than $70,000-$90,000 per square metre。
“the total price of a small household is relatively low and is easier to change, and has always been the most popular product in the school district, so it is normal to have higher unit prices than large households.” on the morning of 24 march, the director-general of the united states national research centre for the property industry, ho tsing zhou, analysed journalists that since the beginning of this year, the return of second-hand homes in shenzhen has become apparent, with some areas affected by supply-demand relations, with price adjustments upwards, and 100-flower areas being one of them, but with the core support of the overall rise in housing prices still inadequate, the sustainability of the upswing in some school districts remains to be seen。
The second-hand chamber of the agency is going up four times
The recovery of house prices in the 100-flower area is not an isolated phenomenon, but a microcosm of the overall recovery in shenzhen used house markets。
In march, shenzhen's second-hand house market began with the arrival of "ying chun" and the transaction data continued to be good, with the weekly contract volume rising four times and market heat rising。
Monitoring data from the centre for research of lottery show that, during the week of 16-22 march, the number of second-hand contracts at the shenzhen family store reached its peak since the fourth quarter of 2024。
During the same period, the number of second-hand rooms was also rising in parallel, reaching a high point of almost two years. Of even greater concern is the fact that on 22 march shenzhen's second-hand house store registered the highest number of contracts for nearly five years, 4 per cent higher than the one-day peak of the national holiday of 2024。
Data from other agencies also confirm the heat in the market. According to shenzhen shell institute data, during the week of 9 to 15 march, the number of second-hand house contracts at shek shenzhen co-operative was 45 per cent higher than in the past year。
At the same time, the price of second-hand houses in shenzhen showed signs of a steady decline。
In february 2026, shenzhen's second-hand residence was sold at an average value of $62,000 per square metre, the first return to the “six word” level after eight months since june 2025。
Shenzhen's second-hand residence has been sold at average prices
There has also been a marked change in the mindset of owners as the market warms. According to china's property monitoring, in march the number of areas in shenzhen increased from 27 to 30, for two consecutive months, and the increase was concentrated in core areas such as fukuda, nanshan and longhua。
In addition to the 100-flower areas, the prices of used houses in several hotspot areas in shenzhen also rebounded significantly. Among them, there was a marked warming of the mansions in the former sea and south mountain. The 110 square metres of household size in the former hae-yun province rebounded from a low point of $10. 6 million in january to $12. 2 million, while the 2nd phase of seng yubei city, with approximately 166 square metres of household size, increased by 5 per cent a month at a price of $43 million。
Shenzhen shell institute director xiaoping's analysis indicates that the exchange of second-hand rooms in shenzhen is mainly the result of the combined effects of the anticipated rehabilitation of the market and the concentration of self-sustainment needs. In terms of transactional structures, after the second half of the year, the positive release of demand for better quality housing has increased significantly, with the percentage of improved medium-sized and large-sized households entering into business, with more than $10 million in second-hand house contracts increasing by 33 per cent the previous week. From “just need to go first” to “improvement of the relay”, it marks a further increase in kinetic energy in shenzhen's used house market and a more luminous spring。
