Milan 2021 house prices: cost increase of + 1.54%. Here is the map of the neighborhoods

Milan 2021 house prices: cost increase of + 1.54%. Here is the map of the neighborhoods
Milan 2021 house prices: cost increase of + 1.54%. Here is the map of the neighborhoods

Milan – A Milano to buy a new house costs on average 5,798 euros per square meter, with a growth of +1,54% in one year.

Average in the center and of 10,141 euros per sqm compared to 10,228 euros per square meter in 2020, marking a slight decline –0,85%. In north area, prices go from 4,335 euros per square meter to 4,464 € / m2, +2,976%. In quadrante is the most significant change with prices rising a +3,07%. In the west area it goes from € 5,177 / sqm to 5,307 € / sqm, + 2.51%. The south area, from 4,104 € / m2 a 4,229 € / m2, with a price increase of +3,04%. This is what emerges, among other things, from the findings of the Real Estate Commission of Chamber of Commerce of Milan Monza Brianza Lodi. Furthermore, the number of tradesand in the first half of 2021 it resumed a grow reaching, with the 13,000 transactions, the “extraordinary” result of 2019.

As for new apartments and new buildings, the market is dynamic in 2021, with operators reporting an increasingly selective and quality-conscious demand, in a more interesting market scenario for new real estate complexes. The areas that grow the most in the city see the neighborhoods in first place Pacini-Ponzio which show an increase of 10.90% with prices at € 4,325 / sqm; good too Ripamonti and Vigentino with increases of 7.86% to 3,775 € / sqm; Gallaratese and Trenno they are worth 2,950 € / sqm with an increase of 7.27%; in addition to 6% the growth also per Axum, San Carlo, Gioia, Baiamonti, Lagosta and Garibaldi.

“We need to rethink the relationship between center and periphery: the new role of Metropolitan Cities is also to reposition the center with respect to the whole territory, intervening with a coordinated and extended redevelopment, always projected forward. The peripheries become neighborhoods, in the urban context real villages develop, giving life to new territorial subjectivities ”, he explains Beatrice Zanolini, Councilor of the Chamber of Commerce.

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