bucharest residential market insights. price index evolution: national minimum level achieved in...
DESCRIPTION
Price index evolution: focus on Bucharest Minimum level achieved in February 2015: 1,034 eur/sqm Decrease: -54% (maximum level achieved in March 2008: 2,264 eur/sqm) Current value: 1,056 eur/sqm (+2.1%)TRANSCRIPT
Bucharest Residential Market Insights
Price index evolution: National
Minimum level achieved in December 2014: 891 eur/sqmDecrease: -57% (maximum level achieved in March 2008: 2,058 eur/sqm)Current value: 928 eur/sqm (+4.1%)
Price index evolution: focus on Bucharest
Minimum level achieved in February 2015: 1,034 eur/sqmDecrease: -54% (maximum level achieved in March 2008: 2,264 eur/sqm)Current value: 1,056 eur/sqm (+2.1%)
Price index evolution: focus on Bucharest, new vs old
New segment: Minimum level achieved in February 2015: 1,065 eur/sqmDecrease: -59% (maximum level achieved in March 2008: 2,576 eur/sqm)Current value: 1,081 eur/sqm (+1.5%)
Price index evolution: focus on Bucharest, new vs old
Old segment: Minimum level achieved in Decembrie 2013: 982 eur/sqmDecrease: -55% (maximum level achieved in March 2008: 2,215 eur/sqm)Current value: 1,031 eur/sqm (+4.9%)
Buyers’ search profile: type of property
Buyers’ search profile: new vs old
Buyers’ search profile: type of apartment
Buyers’ search profile: price range
Buyers’ search profile: location
Top most desired locations
Location
Tineretului
Timpuri Noi
Unirii
Nerva Traian
Vacaresti
P-ta Alba Iulia
P-ta Unirii
Titan
Alba Iulia
Primaverii
Expensive locations: new vs old
Top most expensive locations Top most expensive locations
Location Segment Eur/Sqm Location Segment Eur/Sqm
Aviatorilor new 2323 Primaverii old 1959
P-ta Victoriei new 2175 Kiseleff old 1896
Kiseleff new 2018 Aviatorilor old 1882
Primaverii new 1989 Libertatii old 1793
Cismigiu new 1951 P-ta Unirii old 1739
Soseaua Nordului new 1948 Beller old 1712
Herastrau new 1945 Capitale old 1665
Nordului new 1945 Unirii old 1581
Dorobanti new 1921 Polona old 1558
Universitate new 1889 Dorobanti old 1549
Least expensive locations: new vs old
Top least expensive locations Top least expensive locations
Location Segment Eur/Sqm Location Segment Eur/Sqm
Alexandriei new 718 Giulesti old 794Prelungirea Ghencea new 772 Rahova old 813
Ferentari new 779 Ghencea old 849
Sud new 781 Baicului old 850
Berceni new 790 Apusului old 853
Ghencea new 793 Giurgiului old 854
Colentina new 806 Pacii old 864
Metalurgiei new 808 Timisoara old 881
Rahova new 808 Berceni old 883
Fundeni new 814 Gorjului old 883
Price evolution: North vs South
Price evolution new segment North vs South
North South
year Eur/Sqm % y-to-y year Eur/Sqm % y-to-y
2008 2683 2008 1995
2009 1803 -33% 2009 1211 -39%
2010 1580 -12% 2010 1054 -13%
2011 1355 -14% 2011 995 -6%
2012 1342 -1% 2012 980 -2%
2013 1289 -4% 2013 857 -13%
2014 1273 -1% 2014 825 -4%
2015 1266 -1% 2015 838 2%
• #1 property portal in Romania since 2000
• 1,000,000+ unique visitors/month
• 80% real estate agencies market share
• Clubul Profesionistilor in Imobiliare: 4,000 real estate brokers
• SpatiiComerciale.ro, #1 commercial dedicated portal
• Most quoted real estate player in business media
• #1 real estate data provider (including Moody’s, Bloomberg etc)
• 30% turnover yearly growth
Imobiliare.ro
