According to data released by the National Statistics Institute (INE), the most significant increase was recorded in the Autonomous Region of Madeira (19.4%), with no decreases occurring.
In March, around 36,600 bank assessments were carried out, representing an increase of 4.3% compared to the previous month and an increase of 19.9% year-on-year.
In relation to February, the Autonomous Region of Madeira showed the most significant increase, of 3.7%, and there was also no chain drop.
The areas of Greater Lisbon, Algarve, Autonomous Region of Madeira, Setúbal Peninsula and Alentejo Litoral presented assessment values higher than the country's median by 47.1%, 32.0%, 15.5%, 15.1% and 5.4%, respectively.
Alto Tâmega e Barroso, Alto Alentejo and Beira Baixa were the regions that presented the lowest values in relation to the country's median (-52.6%, -51.5% and -50.7%, respectively).
In apartments, the median bank appraisal value was 2,071 euros/m2, 17.7% higher than March 2024, with the highest values observed in Greater Lisbon (2,750 euros/m2) and the Algarve (2,426 euros/m2), and with Alentejo presenting the lowest value (1,340 euros/m2).
Compared to the previous month, the median value of 1-bedroom apartments rose by 48 euros, to 2,600 euros/m2, with 2-bedroom and 3-bedroom apartments increasing by 31 and 24 euros, respectively, to 2,111 euros/m2 and 1,825 euros/m2.
As for houses, the median value was 1,369 euros/m2 in March, which represents an increase of 10.5% compared to the same month last year.
The highest values were observed in Greater Lisbon (2,509 euros/m2) and the Algarve (2,487 euros/m2), with the Center and Alentejo recording the lowest values (1,020 euros/m2 and 1,117 euros/m2, respectively).
Compared to February, the median value of two-bedroom homes increased by 20 euros, to 1,342 euros/m2, three-bedroom homes increased by 15 euros, to 1,350 euros/m2, and four-bedroom homes increased by 42 euros, to 1,438 euros/m2.