89 Real Estate Auctions Increase Property Trades in Al-Medina
Real estate auctions contributed to invigorating the real estate trading activity in Medina during the year 2025, with a total of 89 auctions held, during which 384 properties were sold, amounting to a total value of approximately 989 million Riyals. Auctions are considered an effective means of marketing and trading properties, helping to determine fair market value, as well as enhancing market liquidity and accelerating buying and selling processes. This, in turn, supports economic growth and real estate investment in the region.
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