How long does it take to sell a house in Portugal?
When an owner decides to place a property on the market, he must know how long it takes to sell a house before he finds one interested in buying. Always and now, in the midst of a pandemic crisis, even more. In Portugal, the home sale period is currently around five months, having increased compared to the third quarter of 2019 - when we were experiencing economic growth and without the new coronavirus.
Only a year ago, on average, the time for a property for sale on the national market was counted in just over four months, according to an analysis by the idealist.
The table shows between where it takes the longest and fastest to sell a house.
“It is very interesting to see how the real estate market in each district and city reacted to the pandemic. For example, the cities and districts of the interior show much more variations than the coast, in terms of time of sale ", analyzes Inês Campaniço, responsible for the idealist / date in Portugal.
Source: Idealista.pt
27 from November from 2020
Sara MartinsMarketing Assistant
Analysis of the national residential market shows how each district and city responded to the Covid-19 pandemic.
* Call to national mobile network.