New three-room apartments in Bucharest are almost EUR34,000 cheaper than the old ones on average, reveals an analysis of real estate platform Storia. The same goes for other big cities such as Iasi and Brasov, where recently built homes can be more affordable than the old ones.
Average prices of old and new apartments in March 2025 rose by 12% against the same month of 2024, in line with the latest data on Storia, the real state platform launched by OLX.
Romania housing market started 2025 on a downward trend, with the number of deals falling in January by 17% countrywide and 18% in Bucharest, reveals an analysis by Storia, the real estate platform launched by OLX.
Average sale prices of apartments, old and new, in September 2024 posted a 15% jump against the same month of 2023, the latest data from Storia, the real estate platform launched by OLX, show, with the biggest increases being registered in Sibiu and the smallest ones in Constanta.
Prices for old apartments in Brasov rose fast in April by 21% year-on-year to an average of EUR1,930/ square meter, while the average asking price for new apartments reached EUR2,053/ square meter, 8% higher than in April 2023, according to the latest data on Storia, the real estate platform launched by OLX.