Average sales price of office real estate in Colombia 2022-2024, by city

Published by Statista Research Department, Dec 5, 2024

In the second quarter of 2024, Medellín experienced the highest average sales price for office real estate among the major cities of Colombia. The average sales price of an office in Medellín was 11.1 million Colombian pesos per square meter. Interestingly, Barranquilla saw the highest rise in office prices as compared to the second quarter of 2023, showing an increase of over 16 percent, surpassing Cali which exhibited the lowest prices.

Average sales price of office real estate in Colombia in 2nd quarter 2022, 2023 and 2024, by city (in 1,000 Colombian pesos per square meter) 

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Release date

October 2024

Region

Colombia

Survey time period

Q2 2022, Q2 2023 and Q3 2024

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