Average house price stabilises at €440,000

Imovirtual, a leading real estate portal in Portugal, has released its General Barometer for March 2026, which analyses the evolution of average advertised rental and sale prices in Portugal, including the autonomous regions, comparing the data with February 2026 and March 2025.

In March, the real estate market shows a mixed reading: the average sale price stabilises at €440,000, maintaining the value recorded in February and reflecting a 10% increase compared to March 2025 (€400,000).

In the rental market, a correction is observed after the peak recorded in the previous month, with the average value decreasing from €1,500 to €1,350, although it remains above the €1,250 recorded a year ago (+8%).

In the sales segment, the data points to a stabilisation phase after a period of continuous appreciation, albeit with active growth in several territories.

The North stands out as the most expensive region, with an average price of €365,000, registering a monthly growth of +5.8% and an annual growth of +7.9%.

This dynamic is supported by several districts, notably Braga (€370,000; +9.4%), Porto (€425,000; +9.0%), and Viseu (€195,000; +11.4%), along with Bragança (€124,250; +12.9%), one of the areas with the highest appreciation in the country.

In the Central region, price increases remain particularly strong, with the average price settling at €287,500 (+23% annually). This growth is driven by districts such as Santarém (€280,000; +24.4%), Leiria (€349,000; +22.5%) and Coimbra (€295,000; +21.7%), reinforcing the trend of demand shifting towards more affordable areas. Lisbon shows signs of stabilisation, with a slight monthly correction of -0.8%, settling at €640,000, still +3.6% above 2025.

In the South, the market shows greater stability, with the average price remaining at €250,000 (+4.2% annually), although with significant performance in some districts.

Portalegre stands out with a 20.4% increase (€138,500), while Beja rises by 16.7% (€190,000) and Faro consolidates at €580,000 (+16%), remaining among the most expensive markets in the country.

In the autonomous regions, the analysis focuses on the markets with the greatest consistency. Madeira rose to €590,000 (+3.5%), while São Miguel climbs to €399,000 (+11.1%). Terceira Island registers an increase of 70.6% (€290,000), standing out as one of the largest increases in the country, albeit in a smaller-scale market.

Credits: Imovirtual