Almost 20 percent more houses sold in Bucharest in December 2024

Official data provided by the National Agency for Cadastre and Real Estate Publicity (ANCPI) show that in December 2024, 18.7 percent more homes were sold in the capital than in November, more precisely 5,136 properties, compared to 4,326 units bought in the penultimate month of 2024.

“2024 was a year that offered a lot of investment opportunities for the Bucharest real estate market. The sales of new apartments, houses and villas had significant month-on-month increases, which proves the interest in real estate, both for investors who are buying with the aim of getting attractive returns from rental or resale operations, and for those who want to improve their living comfort,” says Vlad Musteață, CEO of North Bucharest Investments.

Demand for residential properties strengthened in the last month of 2024 and across the country. According to ANCPI, a total of 15,650 homes were traded in Romania. After Bucharest, the top cities with the most sales are Timis with 1,145 units sold, Constanța with 1,009 units, Cluj with 978 and Brasov with 867 homes purchased in December 2024.

“The capital’s modern infrastructure, the positioning of the available properties and the accessibility to famous educational institutions, hospitals, major shopping areas or office centers are important arguments for the rising trend of demand for real estate in Bucharest,” emphasizes Vlad Musteață.

In this context of overall market growth, North Bucharest Investments reported for the month of December 2024 a total of 143 transactions in the Capital, with a cumulative value of EUR 22 million. Compared with November 2024, when 126 transactions were carried out, North Bucharest Investments recorded a monthly increase of 13 percent at the end of last year.