Andorra la VellaThe average price per square meter of flats for sale in Andorra has increased by 3.3% in the first quarter of this year compared to the first quarter of 2023 and is now at 4,093.4 euros. The increase is 22.9% compared to the last quarter of the previous year. For the first time, the barrier of 4,000 euros per square meter has been broken. If compared with previous years, it is worth noting that in 2020 the average price per square meter in flats for sale was 2,300
The first quarter of the year has closed with a 28.3% decrease in the number of real estate transactions compared to the first quarter of the previous year, and at the same time a decrease of 15.2% in relation to the accumulated in the last twelve months. This is highlighted in the data made public this Thursday by Statistics prepared from Tax information.
It should be emphasized that in terms of the number of real estate transferred, they have decreased by 28.9% compared to the first quarter of last year and that all types show a decrease, especially houses, flats, single-family homes and buildings, with a 28.1% decrease and those of other types, with 39.2% less. Also, the annual variation of the accumulated over the last twelve months shows a decrease of 12.5% ​​in the number of goods transferred.
Regarding the value of these goods, it should be noted that it has decreased by 28.3% compared to the first quarter of 2023, with a drop in all categories, especially other constructions, with a decrease of almost 60%. The annual variation of the accumulated over the last twelve months shows a decrease of 7.5%.
If reference is made to the transmitted surface, expressed in square meters, we have that it has decreased by 22.1% compared to the first quarter of the previous year. The annual variation of the accumulated over the last twelve months reflects a decrease of 43.9%.
