Real-Estate Glossary for Professionals

Every term a real-estate professional meets when working with data — in plain language. Terms with a link lead to the full guide.

Price per m²

The property price divided by its floor area in m². The metric that neutralizes size differences and lets you compare properties "apples to apples" — the starting point of any professional pricing. See the full guide on pricing and price per m².

Asking price

The price the seller asks in the listing. Reflects expectation and current competition, and is almost always higher than the price that actually closes.

Deal price

The price actually paid in a closed transaction, as reported to the Tax Authority. The official figure — the market’s truth, as opposed to the asking price.

Median

The middle value in a series: half the properties are above it and half below. More robust to outliers than an average, and therefore a more reliable metric for pricing.

Percentile (P10 / P90)

A threshold below which a given percentage of the data falls. P90 = more expensive than 90% of the market; P10 = cheaper than 90%. Together they define a realistic price range for an area.

Positioning

A property’s location relative to the area median — expensive or cheap, and by how much. Turns a single number into an insight: an opportunity, or a red flag that warrants a check. How positioning is used in pricing.

Recent deals

Deals recently closed in the building, on the street or in the neighborhood. The most reliable basis for pricing — prefer fresh (12 months) and a sufficient count (3+).

Broker share

The share of listings in an area published by an agent, vs. listings by property owners. A measure of brokerage saturation and competitive intensity in the area. See broker-share data by city and neighborhood.

Exclusivity

An agreement granting an agent the exclusive right to market a property for a defined period, usually in return for a marketing commitment.

TAMA 38

A plan to reinforce old buildings against earthquakes while adding building rights. Closed to new applications since 2022; pinui-binui and local plans are the central track today. See the guide on TAMA 38 and pinui-binui.

Pinui-binui (evacuate-and-rebuild)

Demolishing old buildings and building new ones in their place, usually at higher density. An urban-renewal track with significant value-uplift potential. See the urban-renewal guide.

Tabu extract (land-registry extract)

An official document from the Land Registry detailing ownership, rights, liens and cautionary notes on a property. A basic check before any deal.

Gush & Helka (block & parcel)

The official identification numbers of land in the Land Registry — the property’s "Tabu address," used to locate rights and transactions.

Betterment tax (mas shevach)

A tax on the gain (betterment) from selling a property — the difference between the purchase price and the sale price, less recognized expenses. Paid by the seller. See the guide on betterment and purchase tax.

Purchase tax (mas rechisha)

A tax the buyer pays when acquiring a property, tiered by value and type — with a material distinction between a single home and an additional home. See the guide on purchase tax.

Rental yield

Annual rent divided by the property price, as a percentage. A central metric for investors assessing viability — distinguish between gross and net yield. See the guide on rental yield.

Building rights

The scope of construction permitted on a plot under the applicable plans — it determines the property’s expansion, addition or renewal potential.

Capitalization

Translating a future income stream into a present value. Used to value an income-producing property based on the income it generates and the required rate of return.