In CABA, the number of apartments for rent in pesos increased 112% compared to December 2023, according to a Real Estate Report survey.
On the other hand, although the mean values also increased, They did so below the inflation figure expected for the first month of the year, which will be known in mid-February.
Rentals: how much was published and how many rooms
Regarding the number of departments of 1 to 4 rooms used in rental offers that were published on property search engines in January 2024, their number increased from 551 existing units last December to 1,169 available during the first month of the year.
Thus, the increase in the number of units on offer was 112% between January 2024 and December 2023.
The largest number of used apartments offered in pesos is concentrated in the 2 rooms with 579 units. The number of studio apartments on offer reached 236, while the 3-bedroom units totaled 290. Finally, with 64 units, the largest 3-bedroom apartments are the units with the lowest availability with prices set in national currency.
The number of studio apartments available for rent in pesos grew by 59% in the opening month of the year compared to the last month of last year, while 3- and 4-bedroom units increased their number by 134% and 64% respectively. In percentage terms the The most pronounced growth with 141% month-on-month occurred in the supply of 2-room apartments.
The data arises from the comparison of the figures with which Reporte Inmobiliario nourishes its bases and that it obtains from applying the new data mining technologies to all the offer publications available on the Internet that can be clearly identified as used apartments offered in Traditional rental with prices in pesos.
Rentals: what values are they at after the repeal
Regarding the average requested rental values, prices increased compared to December in 1, 2 and 4-room units, but in all cases below double digits. On the other hand, 2-bedroom apartments slightly decreased their average price.
Continuing with prices, the average value of the existing offer for a 1 room unit, last January, was $240,000 per monthwhile the average locative value of a unit of 2 rooms reached $300,000 and units with 3 bedrooms were quoted on average $630,000. The month-on-month increase was, thus, 4.35%, 7.14 and 5% respectively. The 3 environments were quoted on average $442,500, -1.67% below the $450,000 recorded as the average value in December 2023.
“It is evident from the data, the considerable increase in the quantities offered during January 2024, along with a moderate increase in prices considering the inflation projected for the same month,” they explained from the sector.
Source: Ambito
