Over 13.200 homes were sold in Bucharest and its surroundings in the first three months of 2025, down by 4.3% compared to the similar period from 2024, according to an analysis published by real estate consultant SVN Romania based on statistics published by the National Agency for Cadastre and Land Registration. Over 11,200 homes were sold in Bucharest in the first quarter of 2025, down by 5.4% compared to the similar period of 2024, while 1.960 homes were sold in Ilfov, up by 2.4% compared to Q1 2024’s level. The different annual variations between the two areas can also be explained by the decrease in the number of new homes completed in Bucharest, simultaneously with the delivery of an increasing number of homes delivered in the localities bordering the Capital city. “The first quarter of 2025 was a good one for the biggest regional residential market in Romania, with a sales result down 4.3% compared with the similar period from 2024, in a context in which the beginning of 2025 was marked by socioeconomic uncertainties, but also by an extended period of holidays. The decrease in supply, coupled with the demand that remained at a high level, led to an even higher pressure on trading prices. However, the sales evolution shows us that the potential buyers have already adapted to the new prices, in a context in which the affordability of purchasing a new homes remained at a good level”, commented Andrei Sarbu, CEO SVN Romania. Almost 18,000 new dwellings could be completed in 2025 in Bucharest and its surroundings, according to SVN’s data, a level as low as that recorded in 2024, when the lowest number of homes in the last five years was delivered in the Bucharest region. Almost 37,000 homes were sold in Romania in the first three months of this year, down by an annual rate of 4.9%. Most residential units were sold in Constanta, Cluj and Timis, according to the official statistics.