Ismael Bermudez
03/04/2021 8:12 AM
Clarín.com
Economy
Updated 03/04/2021 8:12 AM
In the fourth quarter of 2020 there was
a new drop
in the prices in dollars of the apartments, used and brand new, in the City of Buenos Aires,
with greater force in the 1-room units.
"The joint dynamics in the value of the square meter (m2) yielded an
average
retraction
of 6.8%
, deepening the decline that began in 2019 and consolidated for all segments since the first quarter of 2020," says a Report from the Directorate of Buenos Aires statistics.
The Report details:
• Among the
brand new apartments,
the value of the m2
fell by 8.1%
for the 1-room units (US $ 2,905), 7.2% for the 2-room units (US $ 3,004) and 6.3% for the two-room units (US $ 3,004). 3 (US $ 3,071).
Thus, brand new studio apartments were valued on average at US $ 101,178, 2-room properties at US $ 135,673 and 3-room properties at US $ 213,326.
•
Used apartments
also showed a year-on-year decrease in all segments: 8.5% in the price per m2 of 1-room units (US $ 2,714), 5.7% for 2-room units (US $ 2,593) and 5.3% those of 3 (US $ 2,503).
A used property of 1 room reached an average listing value of US $ 87,995 and US $ 110,277 that of 2 rooms;
while the average amount of one of 3 rooms was US $ 165,405.
Average price m2 of 2-room apartments
In CABA
Source:
CABA Statistics Directorate
Infographics:
Clarín
By
neighborhoods
the panorama was as follows:
• For brand new 1-room apartments, Palermo (US $ 3,443), Belgrano (US $ 3,433) and Recoleta (US $ 3,408) were the neighborhoods with the
highest
prices per m2
.
The
lowest values
were Constitución (US $ 2,313), San Cristóbal (US $ 2,458) and Monte Castro (US $ 2,542);
while Saavedra and San Telmo showed prices around the segment average.
• Regarding the value of the m2 of the used 1-room apartments, Belgrano (US $ 3,288), Palermo (US $ 3,242) and Núñez (US $ 3,142) were the most expensive.
The lowest prices were registered in La Boca (US $ 1,906) and Constitución (US $ 2,067).
Saavedra and Villa Crespo were the neighborhoods with values close to the average.
In relation to the interannual dynamics of the price of used studio apartments, the City showed a drop in the value of m2 of 8.5%, being more significant
in Villa Ortúzar (-16.6%) and Parque Chacabuco (-14.4 %).
"Within this framework, the report says the Buenos Aires Management- purchase-sale deeds increased with respect to the third quarter (8,105 operations) although in interannual terms there was a decrease that reached 8.2% - a decrease lower than those of the periods previous ”.
NE
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