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Apartment prices for sale have already risen in three months by half of what they increased in all of 2024 - La Nacion Propiedades
Source:
www.lanacion.com.ar
March 28, 2025
The real estate market in Buenos Aires continues to see an upward trend in prices.
Apartment prices for sale have risen by almost 10% in the last year in the city.Gonzalo Colini
The real estate market continues to boom in the City of Buenos Aires , as evidenced by the increases in the square meter of listings. In the last 12 months, it has risen 8.8%, representing the largest year-over-year increase since November 2018.
This was revealed by the figures from the latest Zonaprop report, which indicated that the square meter of advertising in the City stands at US$2,396. In March, it grew 1.1%, which shows that the total increase in the first quarter was 3.1%.
The striking fact is that, in the first two months of the year, the square meter grew by almost half of what it grew in all of 2024 (6.8%). Furthermore, 81% of the city's neighborhoods saw monthly price increases during that same period.
The average price in the city is USD 2,396 per m2 Zonaprop
In concrete terms, a 40 m² studio apartment has a listing value of US$105,360. A 50 m² one-bedroom apartment averages US$126,988, while a 70 m² two-bedroom apartment reaches US$174,473.
If the analysis is done neighborhood by neighborhood, Puerto Madero remains on the podium of the most expensive , with a value of US$6,095/m². Palermo and Núñez follow, with US$3,341/m² and US$3,143/m², respectively. On the other hand, Lugano is the neighborhood with the lowest listing prices, with values of US$1,121/m². Nueva Pompeya (US$1,428/m²) and Parque Avellaneda (US$1,529/m²) complete the ranking of the most affordable neighborhoods.
Puerto Madero ranks among neighborhoods with the most expensive square meter of apartment space for sale.Zonaprop
In numbers, a two-bedroom home has a median price of US$291,065, while a three-bedroom home is US$468,204 .
In this analysis, Palermo ranks first among the most expensive neighborhoods for home purchases , with an average price of US$3,412/m². Belgrano (US$2,663/m²) and Recoleta (US$2,447/m²) follow. Villa Soldati is the most affordable neighborhood, with a price of US$640/m². Nueva Pompeya (US$755/m²) and Constitución (US$865/m²) complete the list.
Apartment prices for sale have already risen by almost half of what they grew in all of 2024. Gonzalo Colini
This reflects a sharp increase in demand for property purchases, driven by changing expectations, historically low prices, the emergence of mortgage loans, and exchange rate stability.
The recently released February deed data for CABA were very encouraging : 4,293 property sales transactions were recorded , representing a 94% increase compared to the same month last year. It's worth noting that 22% of these transactions were made with a mortgage , demonstrating that mortgage lending continues to drive activity in the sector.
"We have practically double the number of transactions we had in the first two months of 2024, and with a significant boost from mortgage loans. It's a very good start to the year, and hopefully these thousand monthly mortgages will be the foundation for this new real estate reality," said Jorge de Bártolo, president of the Buenos Aires Notaries Association , optimistically .
www.buysellba.com
Source:
Los precios de los departamentos en venta ya subieron en tres meses la mitad de lo que aumentaron en todo el 2024
El mercado del real estate de la ciudad de Buenos Aires continúa con una tendencia alcista en los precios
www.lanacion.com.ar
March 28, 2025
The real estate market in Buenos Aires continues to see an upward trend in prices.
Apartment prices for sale have risen by almost 10% in the last year in the city.Gonzalo Colini
The real estate market continues to boom in the City of Buenos Aires , as evidenced by the increases in the square meter of listings. In the last 12 months, it has risen 8.8%, representing the largest year-over-year increase since November 2018.
This was revealed by the figures from the latest Zonaprop report, which indicated that the square meter of advertising in the City stands at US$2,396. In March, it grew 1.1%, which shows that the total increase in the first quarter was 3.1%.
The striking fact is that, in the first two months of the year, the square meter grew by almost half of what it grew in all of 2024 (6.8%). Furthermore, 81% of the city's neighborhoods saw monthly price increases during that same period.
The average price in the city is USD 2,396 per m2 Zonaprop
In concrete terms, a 40 m² studio apartment has a listing value of US$105,360. A 50 m² one-bedroom apartment averages US$126,988, while a 70 m² two-bedroom apartment reaches US$174,473.
If the analysis is done neighborhood by neighborhood, Puerto Madero remains on the podium of the most expensive , with a value of US$6,095/m². Palermo and Núñez follow, with US$3,341/m² and US$3,143/m², respectively. On the other hand, Lugano is the neighborhood with the lowest listing prices, with values of US$1,121/m². Nueva Pompeya (US$1,428/m²) and Parque Avellaneda (US$1,529/m²) complete the ranking of the most affordable neighborhoods.
Puerto Madero ranks among neighborhoods with the most expensive square meter of apartment space for sale.Zonaprop
How is the housing market in the City?
The housing segment is a separate issue. The price of a square meter is below that of an apartment, at US$1,756. It rose 0.5% in March and has accumulated a 1.9% increase in the first quarter of 2025. Looking at the year-over-year trend, it has risen 4.9% in the last 12 months, 3.9 percentage points below the increase in apartment prices (8.8%).In numbers, a two-bedroom home has a median price of US$291,065, while a three-bedroom home is US$468,204 .
In this analysis, Palermo ranks first among the most expensive neighborhoods for home purchases , with an average price of US$3,412/m². Belgrano (US$2,663/m²) and Recoleta (US$2,447/m²) follow. Villa Soldati is the most affordable neighborhood, with a price of US$640/m². Nueva Pompeya (US$755/m²) and Constitución (US$865/m²) complete the list.
Apartment prices for sale have already risen by almost half of what they grew in all of 2024. Gonzalo Colini
A growing demand
The real estate sector remains optimistic and expects 2025 to surpass 2024, which was a strong year, with nearly 55,000 transactions closed, representing a 35% increase compared to 2023.This reflects a sharp increase in demand for property purchases, driven by changing expectations, historically low prices, the emergence of mortgage loans, and exchange rate stability.
The recently released February deed data for CABA were very encouraging : 4,293 property sales transactions were recorded , representing a 94% increase compared to the same month last year. It's worth noting that 22% of these transactions were made with a mortgage , demonstrating that mortgage lending continues to drive activity in the sector.
"We have practically double the number of transactions we had in the first two months of 2024, and with a significant boost from mortgage loans. It's a very good start to the year, and hopefully these thousand monthly mortgages will be the foundation for this new real estate reality," said Jorge de Bártolo, president of the Buenos Aires Notaries Association , optimistically .
www.buysellba.com
