Back-to-School Season Impacts the Property Market – Rising Demand for Family Homes in September
September’s back-to-school rush boosted demand for family homes, as spacious, child-friendly properties became top priorities.
Families and School Transitions – The September Home Search
Back-to-school season has traditionally been a key period in the real estate market, as many families make relocation decisions during this time. In September 2020, this trend became particularly pronounced, as the pandemic led many to reassess their living environment and seek homes better suited to the needs of families with children.
What Kind of Properties Are Families Looking For?
For families, top priorities include spacious, well-laid-out homes—typically with at least three rooms. Green, safe, and peaceful neighborhoods are highly desirable, as is proximity to quality schools and kindergartens.
Most Popular Areas in Budapest
Districts XII, II, III, and parts of District XI rank highest in popularity among families in Budapest. These districts offer strong infrastructure, green spaces, and high-quality educational institutions. Outside the capital, an increasing number of families are choosing suburban towns, where larger gardens and more spacious surroundings are available.
Motivations for Moving
The spread of home office allowed parents to make home-buying decisions based on family needs rather than workplace proximity. Additionally, the pandemic pushed many to prioritize long-term comfort and stability for their children’s upbringing.
Market Effects and Price Trends
The increased demand for family homes drove prices up—especially in high-demand districts. However, supply also grew as some homeowners and developers responded to the shift in demand with targeted offerings.
Summary
The September 2020 back-to-school period clearly confirmed a growing interest in family-friendly housing. The pandemic accelerated this trend, which is likely to remain a defining factor in the real estate market for the long term.
