Ooni Koda
  1. Home
  2. /
  3. Newsfeed
  4. /
  5. Real Estate: Report: Bucharest residents find buyers fastest...

Real Estate: Report: Bucharest residents find buyers fastest for apartments they sell, Cluj residents, at opposite pole

September 24, 2025

Owners in Bucharest find buyers for apartments put up for sale the fastest, while residents of Cluj-Napoca are at the opposite end, where the waiting time until finding buyers is, on average, two months, according to a report by a real estate platform.According to data centralized in the research entitled Market 360 "Residential Real Estate Market, Q2 2025", the people of Cluj are "champions" when it comes to the flexibility they show in negotiating prices, while, at the opposite pole, the people of Timi?oara are very strict about the price when selling or buying a home."Owners in Bucharest find buyers the fastest for apartments put up for sale. Moreover, the average time required to identify buyers has decreased since the beginning of 2025 and remains considerably below that recorded a year ago. The transaction is completed in just 47 days. The negotiation margin practiced locally has increased slightly, however. Thus, the difference between the listing price and the declared transaction price reached 4.1% in the April-June period from 3.5% in the first three months of this year. Only in Cluj-Napoca are owners more flexible when it comes to negotiating the price," the Imobiliare.ro analysis shows.According to the cited source, apartments in Brasov, Iasi and Constanta are sold in approximately two months. Thus, in the city at the foot of Tampa, for example, owners and developers needed, on average, 62 days to find buyers for the homes put up for sale in the second quarter. The time required to complete the transaction decreased slightly compared to the beginning of 2025, but remains above that recorded a year ago.In Iasi, one of the most accessible large cities in Romania for those who want to become homeowners, apartments were selling a year ago in just 44 days, a period that rivaled that recorded on the Bucharest residential market.At the same time, in the case of apartments in Constanta, a slight acceleration of transactions can be observed. Last year, homes spent an average of 69 days on the market, at the beginning of 2025 the sales period was maintained at a similar level, only to drop to 64 days in the second quarter.Overall, in terms of the three cities, prices have increased in the last year, between 12% and 16%, and the negotiation margin has increased in Brasov and Iasi, from 2.1% to 3.1%, and from 2.6% to 4.1%, respectively."Moreover, in the case of the main urban center of Moldova, the flexibility of owners in negotiations has become similar to that recorded on the Bucharest market. On the other hand, on the Constanta market, prices have been negotiated less and less in the last year, in the context of strong demand," note the report's authors.

Read in full - click here
Gross income in October 2024 for full-time employees - RON 8,374 

The gross income of employees who worked full-time under a labour contract and were paid for the entire month of October 2024 was RON 8,374, more than a quarter above the basic gross salary of RON 6,553, according to data from the National Institute of Statistics (INS) published on Friday.Around 40% of these employees earned […]

Number of building permits for residential properties up 4.1% in first ten months

 Over 31,600 building permits for residential properties were issued in the first ten months of this year, up 4.1% compared with the same period last year, according to data from the National Institute of Statistics (INS) published on Friday.Increases were recorded in all development regions: West (+297 permits), Centre (+235), North-West (+192), North-East (+134), South-East […]

Ministry of Finance: VAT revenues increased by 6.7 billion RON in third quarter of 2025

 VAT revenues increased in the third quarter of this year by 6.74 billion lei compared to the same period last year, totaling 35.48 billion RON, out of a total of 94.75 billion RON for the first nine months of 2025, according to data transmitted on Monday by the Ministry of Finance.Of the amount of 6.74 […]

BCR lists RON 1.12 bn bond issue on Bucharest Stock Exchange

Banca Comerciala Romana (BCR) listed on Friday a new bond issue on the Regulated Market of the Bucharest Stock Exchange (BVB), worth 1.12 billion RON, the BVB said in a release.This is the 11th bond issue listed by BCR on the Stock Exchange to date, bringing the total value of BCR's listed bonds close to […]

Study: Romania is among the region's most dynamic insurance markets 

  Romania's insurance sector is strengthening its performance against the backdrop of a dynamic market undergoing significant structural transformation, according to a new study on developments in the insurance markets of Central and Eastern Europe, conducted by a consultancy firm in partnership with a research provider."Romania stands out as one of the most dynamic insurance […]

Romanian and foreign investors request again elimination of minimum turnover tax

  The minimum turnover tax is a barrier to investment, and in a period when the private sector is undergoing restructuring and layoffs, it adds additional pressure on companies, according to a letter signed by 14 investor organizations that once again request the elimination of the minimum tax."In view of the discussions on the construction […]