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Garage Market Report in Catalonia – 2T 2021

The garage market in Catalonia recorded a slight slowdown in the second quarter of 2021, with a -2.05% reduction in the number of sales, reaching 9,032 transactions. However, the year-on-year balance remains positive, with an 8.96% growth in sales accumulated over the last twelve months. Despite this slowdown, prices remained relatively stable, with an average price per square metre of €1,107/m², with no quarterly variations and a slight year-on-year adjustment of -2.04%.

The average price per garage in Catalonia was €14,922, with a slight quarterly increase of 0.10%, although with a year-on-year correction of -0.91%. The province of Barcelona concentrated the majority of transactions with 6,429 sales, while in the city of Barcelona there was a fall of -11.49% in transactions. Prices in the Catalan capital also showed a slight correction, with an average price per garage of €20,126, -3.11% year-on-year.

This report reflects a slight slowdown in the garage market in Catalonia, although prices have remained stable, suggesting a moderate recovery following recent economic challenges.

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