2022 Edition 28 MONTHLY STATISTICAL BULLETIN House prices accelerate more in the country as a whole than in Lisboa, for the second consecutive quarter In the 1st quarter of 2022, the median price of dwelling sales in Portugal was €1,454/m2, representing increases in house prices of: • 7.3% compared to the previous quarter; • 17.2% compared to the same quarter last year. NUTS III sub-regions Also, in the 1st quarter of 2022, the median house price increased in 22 of the 25 NUTS III when compared to the same quarter of 2021. The two NUTS III with the highest median prices were also those with the highest values in both categories of the buyer's tax residence: • Algarve: €2,237/m2, as follows: » Residents in the national territory: €2,115/m2; » Foreign residents: €2,588/m2; • Área Metropolitana de Lisboa: €1,986/m2, as follows: » Residents in the national territory: €1,969/m2; » Foreign residents: €3,533/m2. Median value per m² of dwellings sales, Portugal and NUTS 3, 1st Q 2022 and 1st Q2021 500 580 623 630 667 695 736 743 832 838 855 893 947 995 1,000 1,022 1,029 1,094 1,171 1,236 1,389 1,454 1,555 1,586 1,986 2,237 0 500 1,000 1,500 2,000 Alto Alentejo Beiras e S.Estrela Baixo Alentejo Beira Baixa Douro Médio Tejo Alto Tâmega T.Trás-os-Montes Lezíria do Tejo Tâmega e Sousa Viseu Dão Lafões Alentejo Central Região de Leiria Região de Coimbra Alto Minho R. A. Açores Ave Região de Aveiro Cávado Oeste Alentejo Litoral A. M. Porto R. A. Madeira A. M. Lisboa Algarve 1st Q 2022 1st Q 2021 PORTUGAL €/m2 In contrast, Alto Alentejo registered the lowest median sales price for dwellings (€500/m2) and led the group of three NUTS III which recorded year-on-year decreases in house prices: • Alto Alentejo (-5.1%); • Lezíria do Tejo (-0.6%); • Beira Baixa (-0.5%). • Beira Baixa (-0,5%).
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