Over 119,500 residential units were sold in Romania in the first nine months of 2025, a level almost identical to that recorded in the same period of 2024 (down only 0.3%), according to a market analysis by real estate consultancy SVN Romania, based on data from the National Agency for Cadastre and Land Registration.
Around 41,500 homes were sold in Bucharest and Ilfov, marking a 3.4% decrease compared to the same period of last year. This result represents an improvement from the 7.9% annual decline recorded after the first half of 2025.
In Bucharest, sales were down 4.4% in the first three quarters, while Ilfov county posted a 2.2% annual increase in the number of residential units sold. This performance came despite a drop in new home deliveries in the Bucharest-Ilfov area, where completions fell by 3% in the first half of the year compared to 2024, reaching the lowest level of the past five years.
The sales peak was recorded in July, driven by the announced elimination of VAT facilities for new home purchases, which helped boost overall 2025 results. August also brought an annual increase in home sales.
“The local residential market has once again proven its resilience and solid fundamentals. The results for Q1-Q3 are very good, considering all the negative factors that influenced home sales and the many pessimistic forecasts. The middle and premium segments, which account for most of the new supply in 2025, were not affected during this period, while the VAT increase will impact the mass-market segment in the medium term. However, affordability remains at a good level, and buyers can still find options among homes that were already traded once,” said Andrei Sârbu, CEO of SVN Romania.
Constanța remained the most active regional residential market in Romania (excluding Bucharest-Ilfov) in the first nine months of 2025, with an annual increase of 17.4% in home sales. Cluj county ranked second, up 6.6%, followed by Timiș, which registered a 14.2% annual decrease, and Brașov, down 8.5%.
