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Properties: Sales prices in the city had the highest increase in the last 7 years - La Nacion Propiedades
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www.lanacion.com.ar
March 05, 2025
February's monthly increase was the highest since March 2018, showing that the real estate market in Argentina continues to rise.
The City had the highest monthly price increase in the last 7 years. Alejandro Guyot
The real estate market continues to slowly recover, and since property values bottomed out in mid-2023, the sector has continued to boom. This was demonstrated by the figures from the latest Zonaprop report, which revealed that listing prices for apartments in the city increased by 1.3% in February, a rise not seen since March 2018, when the monthly increase was 1.76%.
Thus, the square meter of listed apartments stood at US$2,370 in February , accumulating a rise of 1.9% in the first two months of the year and 8.1% in the last 12. The latter represents the largest year-over-year increase since November 2018.
So the numbers: a 40 m² studio apartment was priced at an average of US$104,280, a 50 m² one-bedroom apartment was priced at US$125,427, and a 70 m² two-bedroom apartment was priced at US$172,723.
Looking at neighborhood prices, Puerto Madero remains on the podium, with an average square meter of US$6,055. Palermo follows at US$3,289/m², and Núñez at US$3,093/m². On the other hand, the neighborhoods with the lowest prices are Parque Avellaneda (US$1,518/m²), Nueva Pompeya (US$1,405/m²), and Lugano (US$1,064/m²).
In concrete numbers, a two-bedroom house with 170 m² is priced at US$288,566 , while a three bedroom house with 260 m² is valued at US$467,414 .
In terms of neighborhood values, Palermo tops the list, with the most expensive homes on offer, at an average price of US$3,340/m². Belgrano (US$2,651/m²) and Recoleta (US$2,435/m²) follow. Villa Soldati is the neighborhood with the lowest purchase price, with an average price of US$614/m². Nueva Pompeya (US$773/m²) and La Boca (US$874/m²) complete the ranking of the most affordable neighborhoods.
Purchase and sale operations in CABA had a year-on-year growth of 93.7%, in a month that is typically low Alejandro Guyot
“The number of transactions is very good. Historically, due to seasonality, January is always the month with the lowest mortgage deeds of the year. Therefore, the benchmark for drawing any conclusions is the year-over-year comparison, and in that sense, this January's data is very good, since you have to go back to 2018 to find a higher figure ,” notes José Rozados, director of Reporte Inmobiliario, adding: “This was precisely the period in which mortgage lending was at its most favorable during President Macri's administration.”
Meanwhile, the mortgage market continues to grow , as evidenced by the number of mortgage-based sales transactions in January. Twenty-six percent of deeds were executed with a mortgage, demonstrating that credit continues to drive activity in the sector. This is a very good percentage compared to the share of transactions in December, which was less than 15%. Furthermore, compared to mortgage-based sales compared to the same month last year, we are talking about a year-over-year increase of 1,269.5% , according to a survey by the Notaries Association of the City of Buenos Aires.
www.buysellba.com
Source:
Propiedades: los precios de venta en la Ciudad tuvieron la suba más alta de los últimos 7 años
El aumento mensual de febrero fue el más alto desde marzo de 2018, lo que muestra que el mercado del real estate en la Argentina sigue en ascenso
www.lanacion.com.ar
March 05, 2025
February's monthly increase was the highest since March 2018, showing that the real estate market in Argentina continues to rise.
The City had the highest monthly price increase in the last 7 years. Alejandro Guyot
The real estate market continues to slowly recover, and since property values bottomed out in mid-2023, the sector has continued to boom. This was demonstrated by the figures from the latest Zonaprop report, which revealed that listing prices for apartments in the city increased by 1.3% in February, a rise not seen since March 2018, when the monthly increase was 1.76%.
Thus, the square meter of listed apartments stood at US$2,370 in February , accumulating a rise of 1.9% in the first two months of the year and 8.1% in the last 12. The latter represents the largest year-over-year increase since November 2018.
So the numbers: a 40 m² studio apartment was priced at an average of US$104,280, a 50 m² one-bedroom apartment was priced at US$125,427, and a 70 m² two-bedroom apartment was priced at US$172,723.
Looking at neighborhood prices, Puerto Madero remains on the podium, with an average square meter of US$6,055. Palermo follows at US$3,289/m², and Núñez at US$3,093/m². On the other hand, the neighborhoods with the lowest prices are Parque Avellaneda (US$1,518/m²), Nueva Pompeya (US$1,405/m²), and Lugano (US$1,064/m²).
How much did houses go up in price in the City?
Meanwhile, the price per square meter of homes in the City of Buenos Aires rose 0.9% in February, reaching US$1,789. In the first two months of the year, homes have accumulated a 1.4% increase in sales prices, while in the last 12 months, the increase was 5%. These percentages show that the increase in these types of homes is less than that of apartments.In concrete numbers, a two-bedroom house with 170 m² is priced at US$288,566 , while a three bedroom house with 260 m² is valued at US$467,414 .
In terms of neighborhood values, Palermo tops the list, with the most expensive homes on offer, at an average price of US$3,340/m². Belgrano (US$2,651/m²) and Recoleta (US$2,435/m²) follow. Villa Soldati is the neighborhood with the lowest purchase price, with an average price of US$614/m². Nueva Pompeya (US$773/m²) and La Boca (US$874/m²) complete the ranking of the most affordable neighborhoods.
How are sales in the City?
January's deed sales figures were also strong, with 3,645 sales transactions recorded, representing a 93.7% year-over-year increase in a month that typically tends to be low. Looking back over the last decade, January has rarely surpassed 2,000 transactions, with the exception of 2018, the era of UVA loan boom, when there were 4,500 deeds.
Purchase and sale operations in CABA had a year-on-year growth of 93.7%, in a month that is typically low Alejandro Guyot
“The number of transactions is very good. Historically, due to seasonality, January is always the month with the lowest mortgage deeds of the year. Therefore, the benchmark for drawing any conclusions is the year-over-year comparison, and in that sense, this January's data is very good, since you have to go back to 2018 to find a higher figure ,” notes José Rozados, director of Reporte Inmobiliario, adding: “This was precisely the period in which mortgage lending was at its most favorable during President Macri's administration.”
Meanwhile, the mortgage market continues to grow , as evidenced by the number of mortgage-based sales transactions in January. Twenty-six percent of deeds were executed with a mortgage, demonstrating that credit continues to drive activity in the sector. This is a very good percentage compared to the share of transactions in December, which was less than 15%. Furthermore, compared to mortgage-based sales compared to the same month last year, we are talking about a year-over-year increase of 1,269.5% , according to a survey by the Notaries Association of the City of Buenos Aires.
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