The price of the square meter in Spain has experienced an unstable year, although more marked by increases than decreases in value. Therefore, in Barcelona, one of the most important cities in the country, it has been similar. If you are going to sell your apartment in Barcelona, find out what is the price of the square meter for sale in Barcelona by neighborhood.
Price of the square meter in Barcelona by neighborhoods
During this last year, the selling price of the square meter in Barcelona has evolved moderately over the months. However, after reaching the peak in September 2022, with 4,121 €/m2, now that figure has decreased. Therefore, two months later, the price per square meter is at 4,076 €/m2, according to data from the portal Idealista.
However, this value is only an average. And is that the Mediterranean town is composed of a total of 10 districts, which in turn comprise more than 70 neighborhoods. What we find is an average sale price that varies depending on each area.
Thus, the price per square meter in Barcelona continues to maintain a very high price, although it has not yet exceeded the historical maximum. It was in 2018, with a value of 4,279 €/m2.
According to the latest data offered by the Barcelona City Council, the sale prices of the square meter in the districts of the city in the third quarter of 2022 were as follows, Idealista figure:
- Ciutat Vella (4,121 €/m2).
- Eixample (4,160 €/m2).
- Sants-Montjuïc (4,886 €/m2).
- Les Corts (4,880 €/m2).
- Sarrià-Sant Gervasi (5,417 €/m2).
- Gràcia (4,545 €/m2).
- Horta-Guinardó (3,095 €/m2).
- Nou Barris (2,473 €/m2).
- Sant Andreu (3,196 €/m2).
- Sant Martí (3,769 €/m2).
As reflected in the data shown, the most expensive district today to sell a home in Barcelona is Sarrià-Sant Gervasi. It is not surprising, since it is one of the most affluent residential areas of the city, with multiple wooded areas, parks and prestigious schools and health centers. Its neighborhoods include Sarrià, Las Tres Torres and Vallvidrera.
The district with the lowest price per square meter is Nou Barris. The territory is located in the northern part of the city and is one of the entrances to the Collserola mountain range, as is Sarrià. Many of its neighborhoods, such as Prosperitat, Porta or Roquetes have extensive mountain areas and a wide cultural and historical offer.
Evolution of the price of the square meter in Barcelona by neighborhoods
The evolution of the price of housing for sale in Barcelona is situated this 2022 in very high values. In part, they are reminiscent of the figures obtained during the months prior to the pandemic.
At the beginning of the year, the price barely exceeded 3,900 €/m2. Since then, the value began an escalation that did not stop until last September.
The main reasons for this progressive increase were not only the economic and social consequences that Spain carried over from the pandemic. The Russian invasion of Ukraine, which began at the end of February, also had an effect.
Already in the final stretch of 2022, the price begins to relax and the curve falls. However, the average annual variation in December this year compared to 2021 is 4%. All districts have had a positive year-on-year variation in the price per square meter:
- Gràcia (8.4 %).
- Les Corts (7.9%).
- Eixample (7.2%).
- Sant Andreu (4.7%).
- Ciutat Vella (3.6 %).
- Sant Martí (3.0 %).
- Sarrià-Sant Gervasi (2.1 %).
- Nou Barris (2.1 %).
- Horta Guinardó (1.9 %).
- Sants-Montjuïc (1.0 %).
Neighborhoods with a price lower than the average price of housing in Spain
In November 2022, according to data from the real estate portal Idealista, the price per square meter in Spain was 1,929 €/m2. This is a new record figure that has not been registered since September 2010.
As Barcelona is one of the most expensive cities in the country, making a top of Barcelona neighborhoods where the price of housing is below the average price in Spain would be a piece of cake.
The reason is simple, because the list is only made up of the following neighborhoods, according to data from the Barcelona City Council obtained in 2021:
Ciutat Meridiana (1,776 €/m2).
La Trintiat Vella (1,763 €/m2).
Recommended article: How to know the appraised value of a property.
We help you to sell your apartment in Barcelona
Now that you know the price of the square meter in Barcelona by neighborhood, the next step is to sell your home at the best price. For this, in Maonlof we offer you the best real estate services and a team of professionals that will help you sell your apartment fast and efficiently. If you want to know more, contact us!
