The self-storage market in Barcelona has shown a mixed performance during the fourth quarter of 2019. In terms of sales, 106 transactions were recorded in the city, representing a fall of -13.82% compared to the previous quarter, but a notable increase of 23.26% compared to the same quarter in 2018. In the last twelve months, 455 sales were reached in Barcelona, which represents a slight decrease of -0.22% compared to 2018, maintaining a stability in transaction volumes.
As for prices, the average price of storage rooms in Barcelona city was €1,765/m² in this quarter, with a decrease of -3.31% compared to the previous quarter and a year-on-year growth of 3.26%. This reflects a certain randomness in the market behaviour, with variations that remain within stable ranges.
At the provincial level, the market has performed better. 758 storage room sales were recorded throughout the province of Barcelona, which represents a quarterly increase of 4.26% and a significant year-on-year growth of 47.47%. Throughout 2019, the province accumulated 2,973 sales, an increase of 7.25% compared to the previous year. In terms of prices, the average value in the province was €1,172/m², with a quarterly decrease of -0.50% and a year-on-year drop of -2.48%.
This report reflects a market for self-storage units in Barcelona with moderate fluctuations in both prices and sales, consolidating a stable level of activity in recent years.
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