PRICE PER SQFT FARO
| Average home price per sqft | May 2022 | 3 months | 1 year |
|---|---|---|---|
| House | USD 316 | -0.5% | +14.9% |
| House (3 bedrooms) | USD 315 | -2.8% | +14.8% |
| House (4 bedrooms) | USD 320 | -2.9% | +11.2% |
| House (5 bedrooms) | USD 337 | -4.1% | +14.8% |
| House (6+ bedrooms) | USD 353 | -0.7% | +24.7% |
| Apartment | USD 340 | +6% | +24.5% |
| Apartment (1 bedroom) | USD 358 | +3.4% | +26.9% |
| Apartment (2 bedrooms) | USD 351 | +7.2% | +25.8% |
| Apartment (3 bedrooms) | USD 329 | +8.3% | +22.7% |
| Apartment (4 bedrooms) | USD 306 | +8.4% | +25.3% |
| Apartment (5+ bedrooms) | - | - | - |
| Land | USD 20 | -11.3% | +9.7% |
FARO MARKET OVERVIEW
HOME PRICE TRENDS IN FARO
AVERAGE HOME VALUES IN FARO
SUPPLY BY PROPERTY TYPES IN FARO
FARO REAL ESTATE LISTINGS
FARO HOME PRICES SUMMARY
In May 2022, the average home price per sqft in Faro is between USD 309 and USD 353. The average home price per sqft, based on all types of homes, has gone up by 20.9% over the past year. The average price of apartments is USD 340 per sqft while the average price of houses is estimated at USD 316 per sqft. The average price is calculated from listings data in Faro on a monthly basis. The average price per sqft reflects real estate offer but is not necessarily the sales price of homes. It gives you an idea of listing prices of homes for sale. For a more accurate assessment of your real estate click « Estimate my home »
REAL ESTATE PRICE PER SQFT IN NEARBY CITIES
| City | Avg price per sqft house | Avg price per sqft apartment | Avg rent price per sqft house | Avg rent price per sqft apartment |
|---|---|---|---|---|
| Albufeira | USD 332 | USD 327 | - | - |
| Portimão | USD 257 | USD 325 | - | - |
| Olhão | USD 248 | USD 294 | - | - |
| Albufeira | USD 356 | USD 309 | - | - |
| Quarteira | USD 413 | USD 393 | - | - |
| Faro | USD 284 | USD 300 | - | - |
| Lagoa | USD 390 | USD 294 | - | - |
| Olhão | USD 263 | USD 297 | - | - |
| Luz | USD 410 | USD 412 | - | - |
| São Brás de Alportel | USD 245 | - | - | - |
| Monte Gordo | - | USD 293 | - | - |
| Vila do Bispo | USD 382 | - | - | - |
| São Brás de Alportel | USD 247 | - | - | - |
| Moncarapacho | USD 277 | - | - | - |
| Boliqueime | USD 340 | - | - | - |
| Luz | USD 325 | - | - | - |
| Cabanas de Tavira | - | USD 315 | - | - |
| Castro Marim | USD 324 | - | - | - |
| Altura | USD 306 | - | - | - |
| Fuseta | USD 252 | - | - | - |