In January 2021
Median value of bank appraisals on housing in the Autonomous Region of Madeira decreased from the previous month and increased year-on-year
In January 2021, the average value of bank appraisals on housing in the Autonomous Region of Madeira reached €1 167/sq meter, decreasing by 1.3% from December 2020 and increasing by 3.4% from the year-ago month.
For the flats located in the Autonomous Region of Madeira, the median value of bank appraisals in the month of reference was €1 170/sq meter, down by 1.8% compared to previous month and up 3.2% over January 2020. In the case of row houses the value was lower (€1 161/sq meter), with the growth rates, by the same order, standing at +0.3% and +5.0%.
For Portugal, that same variable stood at €1 170/sq meter in the month of reference, up by 14 euros from the previous month (+1.2%). The year-on-year change rate was +6.1%. The highest values were registered in Área Metropolitana de Lisboa (€1 537/sq meter) and Algarve (€1 528/sq meter) followed by the Autonomous Region of Madeira (€1 167/sq meter).
