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Brand new supply: stable - Reporte Inmobiliario
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Abasto a estrenar: estable, noticias sobre RELEVAMIENTOS en Reporte Inmobiliario
Los valores de oferta se mantuvieron prácticamente en el mismo nivel durante los últimos 4 años. Datos del 17° relevamiento anual de RI.
www.reporteinmobiliario.com
February 28, 2024
Supply values have remained practically at the same level over the last 4 years. Data from the 17th annual RI survey.
The Abasto area surveyed in this case for the seventeenth consecutive year by the Real Estate Report is comprised of: the Plaza Miserere station, Gallo Street, Av. Córdoba and Av. Pueyrredón, an area that according to the division of neighborhoods of the Government of The city actually belongs to the neighborhood called “Balvanera”.
The surveyed sector presents heterogeneous characteristics, high-rise buildings coexist with homes and premises of no more than 2 floors along with workshops and warehouses in isolation.
The area under development remains very stable in relation to that registered last year and is significantly higher than that existing until 2020, which indicates the strong growth of works within the sector experienced in the last 5 years. Due to its good location and the presence of this building mix with a significant percentage of functionally obsolete properties, it does not attract attention. The m2 that are currently under construction multiplied practically 7
By slight interannual increase of 1.66% in relation to the 3,004 U$S/m2 registered the previous year, which speaks more of stability than of a marked increase in the price. This indicates that square meter values have practically remained at the same level during the last 4 years.
In relation to the range of quotes for units located on the intermediate floors within the developments, they are between 2,833 U$S/m2 and a maximum of 3,244 U$S/m2.
On the other hand, within the survey area there were 5 lots in formal sale offer included in the Excel in detail, whose incidence values are between 326 U$S/m2-buildable and 775 U$S/m2- buildable.
The average value that emerges from the intended quotes, at least in the “asking price” through the “mystery shopper” methodology, shows that this area of Abasto adjusted less than in other areas of the city where in general the drop from the maximums recorded in 2018/2019 was higher.
THE USED IN THE AREA
When analyzing the same area with the “Market Analytics” tool of Real Estate Report, it appears that the average values per m2 of the supply of used apartments are between US$S/m2 1,667 for 3-room units and reach up to US$/ m2 1,869 for the smallest units of one room.The average value of the used units with 1 to 3 rooms as a whole is US$1,733/m2, 43.26% lower than the average intended for the value of the units for sale from the well. On the other hand, the average price of used units shows a year-on-year drop of 8.0% since the average of these units reached US$1,884/m2 the previous year.
On the other hand, also with Market Analytics we can verify that at the time of the 2010 census the number of inhabitants was 39,499 inhabitants, 27% of them with University studies and 58% occupying the home as owners.
*the cover image is a render that corresponds to the Block development located at Gallo 597
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