Romanian apartment prices have risen again

The average prices of apartments for sale – old and new – increased by 15 percent in September compared to the same month last year. Regarding contacts, the data shows that in September 2024 there were 52 percent more interactions between sellers and buyers compared to September 2023.

"The month of September brought new changes in the evolution of the prices of apartments for sale, showing more pronounced increases in certain areas. For example, in Sibiu, prices increased by 21 percent, reflecting a growing demand in this market. In other regions, such as Constanța, developments were more moderate," said Răzvan Ceapă, Head of Operations Storia & OLX Imobiliare.

In Bucharest, in September 2024 the average price for the sale of new and old apartments was EUR 1,899 /sqm, 16 percent higher compared to September 2023.
Thus, in September 2024, the average price of a studio apartment (40 sqm) in Bucharest was EUR 74,187, the average price of a two-room apartment (55 sqm) is EUR 102,008, and the price of a three-room apartment (75 sqm) is of EUR 139,102.