Italy: average price for properties for sale in Rome 2016-2019

As of December 2019, buying a residential property in Rome cost on average 3.1 thousand euros per square meter. This figure represented a decrease compared to the previous years. In fact, the average price per square meter for residential properties in Rome has decreased steadily since December 2016, when it registered a value of 3.25 thousand euros. However, a more detailed look into the city’s real estate market showed that residential dwellings in the most affluent areas of the city can fetch up to eight thousand euros per square meter.

Positive signals for the real estate market

In general, lower prices seem to have attracted interest in the real estate market in the city. The number of residential property transactions in Rome has increased steadily since reporting the lowest value in 2013, when about 23.8 thousand transactions where registered.

Not a city for investments

Despite boasting lower prices when compared to Milan, Rome didn’t seem to be able to catch the interest of foreign investors. In 2018, the Italian capital could attract only 19 percent of the total foreign investments in the real estate sector in Italy. Moreover, in a list of the most popular cities in Italy for residential property purchase for investment Rome ranked last behind all major Italian cities.

Average price for properties for sale in Rome, Italy from December 2016 to December 2019

Price in euros per square meter
Dec 163,252
Jan 173,257
Feb 173,235
Mar 173,230
Apr 173,209
May 173,197
Jun 173,189
Jul 173,186
Aug 173,183
Sep 173,187
Oct 173,182
Nov 173,164
Dec 173,160
Jan 183,160
Feb 183,160
Mar 183,155
Apr 183,154
May 183,149
Jun 183,140
Jul 183,121
Aug 183,119
Sep 183,113
Oct 183,126
Nov 183,105
Dec 183,103
Jan 19 3,101
Feb 19 3,088
Mar 19 3,090
Apr 19 3,080
May 19 3,091
Jun 19 3,061
Jul 19 3,052
Aug 19 3,049
Sep 19 3,055
Oct 193,053
Nov 193,052
Dec 193,075
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Source

Release date

January 2020

Region

Italy

Survey time period

December 2016 to December 2019

Supplementary notes

The source adds the following information: "The data shows the prices of houses, apartments and in general residential properties in Italy. Prices are the average prices of properties published on Immobiliare.it in Italy."

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Statistics on "Rome (Italy)"

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