BuySellBA
Administrator
Values of m2 in CABA
December 6, 2023
The supply values affirm the trend towards price stabilization. Values by neighborhood for apartments with 1 to 4 rooms
Last November Real Estate Report integrated into its database the information of a total of 27,138 reliable data on used apartments offered for sale in the city of Buenos Aires with between 1 and 4 rooms.
Compared to the previous month, there was no drop in the average price per m2 in any of the typologies, even 4-room units experienced an increase of 4.51% compared to last October.
The smallest units are those with the highest value per unit of measurement (U$S/m2), with this price reducing as the number of rooms increases. Thus, the m2 of the single-room units was located at U$$/m2 1,987 while those with one, two and 3 bedrooms respectively quoted an average of U$S 1,842, U$S 1,694 and U$S 1,623 per m2.
The most pronounced year-on-year percentage drop between November 2023 and the same month last year, despite the rebound in the last month, occurred precisely in 3-bedroom units, which experienced a year-on-year drop of 4.30%. This was followed by the reduction experienced by two-room apartments with -2.02%. The three environments suffered a drop of 1.51%; while the slightest fall compared to the same month last year occurred in studio apartments, which barely decreased their average price by 0.58%.
In the city of Buenos Aires, the average offer value of a used studio apartment was US$66,650 last October. At the upper end, in terms of housing prices and amenities, a four-bedroom house cost an average of US$ 140,000; while US$75,000 and US$109,250 were the average prices for one- and two-bedroom apartments.
The average, minimum and maximum value, both of a unit and of the m2, can be seen in the tables below along with the number of cases registered as reliable, in terms of the consistency of their information, for statistical purposes.
