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Garage Market Report in Catalonia – Q2 2024

he garage market in Catalonia has shown significant growth in the volume of listings during the second quarter of 2024. In total, sales listings increased by 35.58%, with a total of 30,337 garages available on the market. However, prices have shown a slight quarterly decrease of 2.47%, standing at €1,058/m², although with a year-on-year increase of 1.42%. The average price per garage remained at €14,325, with a minimal quarterly variation of -0.52%.

On the other hand, the rental market has also grown, with a 24.7% increase in the number of listings, reaching a total of 11,959. Rental prices have experienced a slight increase of 0.52%, standing at €7.69/m² per month, reflecting the high demand and low supply of garages. Barcelona remains the leading province in the garage market, with prices per square meter higher than the average, while the city of Barcelona continues to be the most expensive area, with a price of €1,590/m² for sales. Despite the price decreases, the garage market remains stable, driven by high demand in both sales and rentals.

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