Average sales price of industrial and logistics real estate in Colombia 2022-2024

Published by Statista Research Department, Dec 5, 2024

In the second quarter of 2024, Medellín experienced the highest average sales price for industrial and logistics real estate among the major cities of Colombia. The average sales price of an industrial space in Medellín was over 3.6 million Colombian pesos per square meter. Interestingly, it also saw the highest decrease in industrial facility prices as compared to the second quarter of 2023, of 11 percent. Bogotá occupied the second position, with industrial and logistics real estate averaging a cost of 2.7 million Colombian pesos per square meter. 

Average sales price of industrial and logistics 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 Q2 2024

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