Selling an apartment in Stockholm is getting trickier because buyers now have ample supply to choose from as sellers have begun to flood the market looking to cash in on the rapid price appreciation in recent years.

In August this year it took an average of 50 days to sell an apartment in Stockholm, up from 29 days in August last year, according to data from property-listings website Booli and state-owned mortgage lender SBAB. Across the whole of Sweden, the average time to sell a home rose to 46 days from 31 in August 2017.

“A property market with small supply and strong demand has short processing times as there is quickly a scramble for the homes that are put up for sale on the market,” SBAB said. “But in the autumn of 2018, the situation is different.”

Home prices in Stockholm have slowly started to recover after slumping almost 8% in Q4 2017. Back then, a surge in construction flooded the market with properties at the same time as households grew more pessimistic that prices would continue to rise. New supply in the Swedish capital has surged again in recent months, which could spell renewed trouble ahead.