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Lisboa, Cascais, Loulé, Oeiras, Lagos, Albufeira and Tavira registered median price of dwellings sales higher than 1 500 €/m2. The city of Porto scored a significant price increase (+24.7%)
House prices statistics at local level
Lisboa, Cascais, Loulé, Oeiras, Lagos, Albufeira and Tavira registered median price of dwellings sales higher than 1 500 €/m2. The city of Porto scored a significant price increase (+24.7%) - 2nd Quarter 2018
30 October 2018

Summary

In the second quarter of 2018 (last 12 months), 38 municipalities, located mainly in Algarve and in Área Metropolitana de Lisboa, scored median house price of dwellings sales above the national value.
The municipality of Lisboa (2 753 €/m2) registered the highest median house price of the country and with values above 1 500 €/m2 the municipalities of Cascais (2 100 €/m2), Loulé (1 846 €/m2), Oeiras (1 819 €/m2), Lagos (1 744 €/m2), Albufeira (1 631 €/m2) and Tavira (1 594 €/m2) also stood out.
Among the seven cities with more than 100 thousand inhabitants, Porto stood out as it scored, for the first time since the first quarter of 2016, the second highest median price of dwellings sales (1 460 €/m2), following Lisboa and surpassing the value of the city of Funchal (1 439 €/m2). The city of Porto also scored the most significant growth rate, compared to the same period in the previous year (+24.7%), among the cities with more than 100 thousands inhabitants.


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