Real Estate Sales Apartments for sale: which are the 10 Buenos Aires neighborhoods with the highest supply and what are their average prices? - Infobae

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Apartments for sale: which are the 10 Buenos Aires neighborhoods with the highest supply and what are their average prices? - Infobae





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Departamentos en venta: cuáles son los 10 barrios porteños con mayor oferta y cuáles son sus precios promedio

Aunque en el último año la oferta cayó 5,39% según un análisis privado, los departamentos aumentaron hasta 10%. Qué priorizan los que buscan para comprar en cada zona de la ciudad

www.infobae.com

January 31, 2025


Although the supply fell by 5.39% in the last year according to a private analysis, the number of apartments increased by up to 10%. What do those looking to buy in each area of the city prioritize?



By Jose Luis Cieri

A couple and a real estate agent tour a property between Palermo and Belgrano with the intention of buying it, two of the most sought-after neighborhoods for buying homes in CABA (Illustrative Image Infobae)



The wide range of apartments for sale in the city of Buenos Aires keeps the pulse of the local real estate market, with a current stock that, according to data from an analysis carried out by Zipcode, amounts to 70,142 available properties , which represents a year-on-year drop of 5.39%. At the same time, the report indicates that values increased between 6 and 10% in the last 12 months in most neighborhoods.



Prices remain within a market opportunity compared to other international markets, such as Madrid or Paris, where valuations are, on average, 40% higher .

Despite this decrease in offers on specialized portals, stock levels are still high. Neighborhoods such as Palermo, Belgrano and Recoleta concentrate a significant proportion of this offer.



Daniel Bryn, from Zipcode and who produces Monitor Inmobiliario, told Infobae that this is because “the stabilization of prices in recent times encouraged hundreds of owners to put their properties back on the market.”

Regarding the total number of sales, the outlook shows signs of recovery since the beginning of 2024. “The number of deeds signed last December reached 7,667 transactions , reflecting a year-on-year growth of 68.14%,” Bryn added.

The most sought after neighborhoods​

According to Zipcode data, the 10 most sought-after neighborhoods for property purchases in CABA are:

• Nuñez (7% of total searches)
• Palermo (6%)
• San Telmo (5%)
• Belgrano (5%)
• Caballito (5%)
• Villa Urquiza (5%)
• Recoleta (4%)
• Colegiales (4%)
• Balvanera (4%)
• Boedo (4%)

Factors explaining this demand include:

• Strategic location : Neighborhoods such as Palermo, Recoleta and Belgrano offer a combination of proximity to the center, efficient public transportation and first-class services.
• Accessibility and connectivity : Villa Urquiza and Caballito have grown in popularity thanks to their public transport offering and their value for money.
• Buyer profile : San Telmo and Boedo attract both investors seeking profitability in rentals and young professionals and families.

Sales prices in each neighborhood​

According to Zipcode, the average prices of apartments for sale in the 10 most sought-after neighborhoods in CABA are as follows:

✔ Nuñez

• 1 bedroom: USD 125,328.
• 2 bedrooms: USD 164,120.

✔ Palermo

• 1 bedroom: USD 135,030.
• 2 bedrooms: USD 176,825.

✔ San Telmo

• 1 bedroom: USD 84,504.
• 2 bedroom: USD 110,660.

✔ Belgrano

• 1 bedroom: USD 126,168.
• 2 bedrooms: USD 165,220.

✔ Caballito

• 1 bedroom: USD 98,322.
• 2 bedrooms: USD 128,755.

✔ Villa Urquiza

• 1 bedroom: USD 107,982.
• 2 bedrooms: USD 141,405.

✔ Recoleta

• 1 bedroom: USD 112,056.
• 2 bedrooms: USD 146,740.

✔ Colegiales

• 1 bedroom: USD 120,624.
• 2 bedrooms: USD 157,960.

✔ Balvanera

• 1 bedroom: USD 71,442.
• 2 bedroom: USD 93,555.

✔ Boedo

• 2 rooms: USD 82,026.
• 3 rooms: USD 107,415.

Eligible for credits, how many are there?​

The role of mortgage loans ( a private analysis estimates that they could triple by 2025 ) is also beginning to reshape the dynamics of the sector. Last December, 1,130 mortgages were registered, a figure that marks a significant increase compared to the previous year . Although they still represent only 15% of total operations, the number reflects a sustained improvement.

Colegiales with a large presence of green and close to neighborhoods such as Palermo, Belgrano, Núñez and Chacarita are among the most requested

The percentage of credit-eligible properties in CABA is 28.8%, which represents 20,207 properties of the total available in the city. For Bryn, “the greater availability of credit-eligible properties is crucial to boost sales among middle-class buyers.”

Neighborhood distribution​

In contrast to the high demand in emblematic neighborhoods, the supply is highly concentrated. Palermo and Recoleta lead the list, followed by Belgrano and Caballito.

These are the neighborhoods with the highest number of apartments for sale currently (according to Zipcode):

• Palermo (12,377).
• Recoleta (6,638).
• Belgrano (6,407).
• Caballito (5,420).
• Balvanera (3,287).
• Villa Urquiza (3,082).
• Nuñez (2,982).
• Almagro (2,714).
• Flores (2,437).
• Villa Crespo (2,267).

Bryn noted that neighborhoods like San Telmo and Parque Patricios have less supply , but it is relevant in relation to their size. He concluded that “the combination of affordable prices, greater access to credit and rising demand opens up opportunities, although challenges persist.”


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