In Bucharest, the average sale price for old and new apartments stood at EUR1,870 per square meter, 24% higher than in August 2023. Old apartments were more expensive, on average, EUR1,912 per square meter, an increase of 14% year-on-year, while new apartments’ asking price is EUR1,814 on average, 22% higher than in the year-ago month.
The average price of a studio apartment (40 square meters) in Bucharest in August was EUR74,800, of a two-room apartment (55 square meters) was EUR102,850 and of a three-room apartment (75 square meters) was EUR140,250.
In Sibiu, average asking price for old and new apartments was EUR1,646 per square meter. Average price of new apartments went up 21% year-on-year to EUR1,546/square meter. Old apartment prices went up 18% to EUR1,706/square meter.
The average price of a studio apartment (40 square meters) in Sibiu in August was EUR65,840, of a two-room apartment (55 square meters) was EUR90,530 and of a three-room apartment (75 square meters) was EUR123,450.
In Cluj-Napoca, average asking price for old and new apartments was EUR2,786 per square meter (an increase of 14% in August 2024 versus August 2023). Average asking price of new apartments was EUR2,797/square meter, 12% higher than in August 2023. Old apartments’ asking price was EUR2,772/square meter on average, 14% higher year-on-year.
The average price of a studio apartment (40 square meters) in Cluj-Napoca in August was EUR111,440, of a two-room apartment (55 square meters) was EUR153,230 and of a three-room apartment (75 square meters) was EUR208,950.
In Iasi, average asking price for old and new apartments was EUR1,634/square meter. Average asking price of new apartments recorded a 13% increase year-on-year in August to EUR1,612/square meter, while old apartments’ asking price 18% higher, EUR1,658/square meter.
The average price of a studio apartment (40 square meters) in Iasi in August was EUR65,360, of a two-room apartment (55 square meters) was EUR89,870 and of a three-room apartment (75 square meters) was EUR122,550.
In Timisoara, average asking price for old and new apartments was EUR1,660 per square meter. Average asking price of new apartments was EUR1,644/square meter, 11% higher than in August 2023. Old apartments’ asking price increased by 16% to EUR1,667/square meter on average.
The average price of studio apartment (40 square meters) in Timisoara in August was EUR66,400, of a two-room apartment (55 square meters) was EUR91,300 and of a three-room apartment (75 square meters) was EUR124,500.
In Brasov, average asking price for old and new apartments was EUR1,976 per square meter in August. Average asking price of new apartments was EUR2,061/square meter, 7% higher than in August 2023. Old apartments’ asking price was 20% higher, EUR1,941/square meter on average.
The average price of studio apartment (40 square meters) in Brasov in August was EUR79,040, of a two-room apartment (55 square meters) was EUR108,680 and of a three-room apartment (75 square meters) was EUR148,200.
In Constanta, average asking price for old and new apartments was EUR1,803 per square meter in August. Average asking price of new apartments was EUR1,804/square meter, 7% higher than in August 2023. Old apartments’ asking price was EUR1,803/square meter on average, 16% higher year-on-year.
The average price of studio apartment (40 square meters) in Constanta in August was EUR72,120, of a two-room apartment (55 square meters) was EUR99,165 and of a three-room apartment (75 square meters) was EUR135,225.
(English version by Loredana Fratila-Cristescu)