Based on 6,153 sale offers of January 2014 and January 2015, real estate consultancy firm HomeFinders has analyzed the average prices of homes up for sale in Bucharest considering two residential segments: the popular market (city outskirts) and the average-premium market (central, semi-central and northern areas).
The study shows prices of apartments located on the outskirts of town only rose 0.1% on the year in January, from an average EUR53,900 to EUR54,000, while prices in the city center and semi-central and norther area rose 4%, from an average EUR73,000 to EUR76,000.
The number of homes up for sale rose considerably in January on both market segments: by 64% in peripheral neighborhoods, from 1,394 offers to 2,287, and by 80.9% in the central, semi-central and the northern parts of the city, from 880 offers in January last year to 1,592 in January this year. The overall number of offers rose to 3,879 in January this year, 70.5% more than in January 2014.