Homes in the Pedralbes neighborhood, in Barcelona, are sold in an average of 32 days, according to the latest data from the real estate services platform Housfy, which has measured the time from when a property is published on sales portals until it is the purchase and sale contract is formalized.
Pedralbes is, therefore, the neighborhood where homes are sold the fastest if we look at the data for Les Corts and Sarrià-Sant Gervasi, the two districts with the highest incomes in the city of Barcelona. The next administrative neighborhood with the greatest real estate movement of this type is Sant Gervasi-La Bonanova, where homes are sold in 68 days on average, and Les Tres Torres, with 70 days.
Pedralbes is characterized by its high housing prices, which are perhaps justified by the quality of life of the neighborhood, the proximity to the corporate headquarters of various companies and the University Zone. The properties have a surface area greater than the average for the city and the properties, for the most part, have concierge service and common spaces, such as green areas.
Look, for example, at this property on Carrer de Manuel Ballbé, which Housfy sells for almost 2 million euros. It consists of 315 m², six bedrooms and 3 bathrooms. In addition, it has access to a community garden with a private pool on the premises.
Another case is this apartment on Carrer de González Tablas, which Housfy sold for €660,000. It consists of 126 m², four bedrooms and 3 bathrooms.
Broadly speaking, the reason for faster sales responds to the law of supply and demand. The housing stock built in Pedralbes has little room to proliferate, while the demand for apartments responds to high-income families, whose purchasing intentions are less diminished by phenomena such as inflation or increases in interest rates.
Prices in Pedralbes are among the highest in the city. In the first quarter of 2023, second-hand housing in Pedralbes was sold for an average of €5,626.5/m², according to data on sales of homes registered in Barcelona. Throughout the city, used housing sold for an average of €4,195.0/m².
