An analysis with the support of imobiliare.ro
Medium asking prices for new residential units stood at 1,712 EUR/sqm in September, making Iasi the most accessible regional center following Cluj-Napoca (3,230 EUR/sqm), Brasov (2,313 EUR/sqm), Bucharest (1,993 EUR/sqm), Constanta (1,926 EUR/sqm) and Timisoara (1,922 EUR/sqm).
The medium asking price for both old and new units was 1,700 EUR/sqm, an increase of 19,8% vs the previous year.
Real estate deals at county level registered an increase of 58% (individual units) in the first three quarters of 2024 as compared to the same period from previous year, as data from ANCPI (National Cadaster Office) shows.
The most sought-after areas in the city were Nicolina, Pacurari and Bucium-Mircea cel Batran for sales, while for lease transactions the biggest demand was for Copou-Sararie, Nicolina and Tudor Vladimirescu.
| THE MOST EXPENSIVE AREAS IN IASI, NEW RESIDENTIAL UNITS, Q3 2024 VS Q3 2023 | |||||
| SALES | RENTS | ||||
| AREA | PRICE | EVOLUTION | AREA | RENT | EVOLUTION |
| Centrul Civic-Central – Ultracentral | 2,033 EUR/SQM | +2.7% | Central | 500 EUR/MONTH | +10% |
| Copou -Sararie | 1,964 EUR/SQM | +9% | Copou -Sararie | 510 EUR/MONTH | +13% |
| Podu Ros | 1,964 EUR/SQM | +1.5% | Tudor Vladimirescu | 500 EUR/MONTH | +16% |
Regarding the residential building permits, at the county level there were issued 1,488 such authorizations in the first three quarters of 2024, an increase of 14% as compared to the same period from 2023. Looking at the Moldova region (Iasi, Bacau, Botosani, Neamt, Suceava and Vaslui) there are only 2,753 new building permits, a decrease of 22% as compared to the same period from 2023.
