Average price for properties for sale in Rome, Italy 2016-2020

As of September 2020, buying a residential property in Rome cost on average 3.2 thousand euros per square meter. This figure represented a decrease compared to the previous years, but a slight upward trend can be observed in 2020. 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 3.49 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 more than seven 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 September 2020

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Source

Release date

October 2020

Region

Italy

Survey time period

December 2016 to September 2020

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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* Prices do not include sales tax.

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