Bucharest home sales drop but prices keep climbing in first half of 2025

The residential market in Bucharest and the surrounding Ilfov county showed signs of cooling in the first half of 2025, with the number of transactions down 10% compared to the same period last year. Despite the decline in sales, prices continued to rise, driven by high inflation, anticipated tax changes, and limited supply, according to a report by iO Partners.

In Bucharest, transactions involving new homes (those built after 2010) continued to fall, suggesting a recalibration of demand amid elevated prices. In Ilfov, however, transactions registered a slight increase, with the area remaining attractive due to more competitive prices and available land for development.