Bucharest has the most extensive offer, while Constanta ranks last when it comes to the total number of newly completed homes available to those who want to make a real estate purchase, according to a report by a real estate website.
According to the cited source, new apartments and houses put up for sale in the country's major cities can attract up to six potential buyers. Apartments are traded the fastest in Bucharest and Timisoara, the situation being completely different in Brasov and Cluj-Napoca, the most expensive cities in the country. Prices are negotiated the least in the Capital, Constanta, and Iasi, respectively, and the most in Cluj-Napoca.
The imobiliare.ro report indicates that, a year ago, the time needed to identify buyers was shorter in Cluj-Napoca, Iasi and Constanta, but a few days longer in Bucharest and Brasov. Owners are more willing to negotiate prices, after real estate transactions decreased by 10% nationally and by 21% in total in the six counties within the radius of the main urban centers in the country (Q4 2025 vs Q4 2024). The only exception to the rule is the Timisoara residential market, which remains constant in terms of both the average transaction duration and the negotiation margin.
"In the current context of the real estate market, we are increasingly noticing that transaction time tends to increase significantly when there is no price flexibility. Rigidly positioned properties, without adaptation to real market demand, remain listed for longer periods," said Daniel Crainic, marketing director of Imobiliare.ro, quoted in a press release sent to AGERPRES.
The report mentions that each new home in the Capital attracts, on average, four potential buyers. In the fourth quarter of last year, those interested in making a real estate purchase had 7,270 apartments and houses available on this segment of the local market. New homes represented a quarter of the total supply in Bucharest.
The Capital has the shortest average time an apartment spends on the market, from listing to transaction, and buyers are found in 44 days. The local negotiation margin, i.e. the difference between the listing price and the declared transaction price, is 3.6%.
In contrast, new apartments and houses for sale in Cluj-Napoca attract, on average, two potential buyers. On the local residential market, properties completed in the last five years represented only 17% of the supply at the end of 2025. In total, those interested in making real estate purchases had 1,330 new homes available.
In the case of apartments, the average sale period recorded on the Cluj market is the second highest in the country. The buyer can be identified in 72 days. At the same time, local owners are found who demonstrate the greatest flexibility when it comes to negotiating the price. The margin practiced in transactions in Cluj-Napoca is, on average, 4.5%.
According to the report, the city of Brasov is one of the two major urban centers in the country analyzed where there is no clear preference of buyers for newly built properties. The demand compared to the supply available on the market shows that for each home that ends up being put up for sale, there are, on average, three potential buyers regardless of its age.
The supply registered locally in the new segment is more limited than in other major urban centers, such as Cluj-Napoca, Timisoara or Iasi, representing 16% of the total apartments and houses listed for sale in the fourth quarter of 2025.
The city at the foot of Tampa is the second most expensive in the country, after Cluj-Napoca, and this aspect is reflected in the average time required to identify buyers, which has reached the longest, at 75 days. The negotiation margin practiced on the local market is the second highest in Romania, at 3.9%.
In Timisoara, new homes attract, on average, three potential buyers. In the fourth quarter of last year, those who wanted to buy a property had to choose from 1,270 apartments and houses completed in the last five years. The offer registered on the local market was close to that of the Cluj market, even after suffering a considerable decrease compared to the end of 2024.
The average time required to identify a buyer for apartments is 58 days. The negotiation margin is close to that practiced in the Capital, more precisely 3.7%.
In Constanta, in the fourth quarter of 2025, 3,640 homes were put up for sale, 440 of which were in the new segment. The demand compared to the locally available supply was higher in the latter case than in all other large urban centers analyzed by Imobiliare.ro. For each property built in the last five years, an average of six potential buyers showed interest.
Owners and developers sell apartments, on average, in two months, faster than in Cluj-Napoca, Brasov or Iasi. The difference between the listing price and the declared transaction price is 3.6%.
On the Iasi market, new homes represented a quarter of the total supply registered during the fourth quarter of 2025. This is about 1,210 apartments and houses completed in the last five years for which buyers were sought, almost 30% less than in the same period last year.
For each such property, an average of two potential buyers showed interest. A similar demand compared to the supply actually available on the market is also recorded in the case of old homes.
Locally, there is a slight increase in the sales period and the negotiation margin, with an average of 68 days needed to identify a buyer, meaning that apartments spend less time on the market than in Cluj-Napoca or Brasov. The difference between the listing price and the declared transaction price is 3.6%, similar to that recorded in the Capital and Constanta.
Imobiliare.ro is a real estate website and, at the same time, the main provider of data and statistics in the field for the Romanian press, regularly communicating analyses, reports and indices about the evolution of the real estate market.
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