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Real Estate Sales Real M2 Index March 2024 - Reporte Inmobiliario

BuySellBA

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Real M2 Index March 2024 - Reporte Inmobiliario




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Source:






April 9, 2024


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Increases the closing value again, bringing the year-on-year increase to 7.5%. In addition, the negotiation gap is at the lowest percentage since the series began.
Universidad del CEMA and RE/MAX Argentina , together with Reporte Inmobiliario, prepare and communicate monthly the closing price index with information on the specific values at which operations are agreed in the real estate market.

The preparation and monthly publication of this index representative of the average price of the effective square meter in the City of Buenos Aires, allows in addition to having a reference of the average real value and its evolution over time, to establish the range of difference in relation to the price. average of the published square meter.

The Real M2 Index corresponding to the month of March 2024 increased by 1.47% compared to the previous month.

In relation to the price per m2 of the same month last year, the general m2 of sale of used apartments of the set of units from 1 to 3 rooms in the city of Buenos Aires appreciated by 7.51%.

In relation to January 2020, the start month of the series, the current value is 14.8% below

When proceeding to the opening by number of rooms, in the sales of studio apartments a price per m2 of 1,941 dollars was recorded, while the closing value of the 2 and 3 room units was 1,863 U$S/m2 and 1,835 U$S/m2 respectively.

The gap between the value per m2 of the operations completed in March in relation to the last published value of the property, commonly known as the counteroffer range, was – 5.17% on average, being the lowest percentage since the the series ahead.


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