The year 2024 brought a significant increase in prices on the Romanian real estate market, with apartments for sale being, on average, 10% more expensive than in 2023, according to the annual report by Storia. Romanians' preferences changed in 2024, with three-room apartments becoming the most sought-after (51%) compared to two-room apartments, which were preferred in 2023. Thus, the average price of a new apartment reached EUR 1,840/sqm, an increase of 10% compared to 2023. Also, old apartments recorded an average value of EUR 1,661 /sqm, which represents an increase of 11% compared to last year. Regarding the dynamics of transactions, Bucharest was the city where properties were sold the fastest. “In 2024, buyer interest shifted to three-room apartments, which became the most sought-after, compared to two-room apartments, which were preferred in 2023. We also noted a significant increase in buyer engagement, reflected in the increased number of contacts compared to the previous year,” said Monica Dudău, Senior Marketing Manager at Storia & OLX Imobiliare. Source: economica.net