Sale price of residential real estate in China 2023, by region

Published by
Wenyi Zhang,
Dec 17, 2024

In 2023, with an average price reaching 46,783 yuan per square meter, Beijing had the most unaffordable residential housing market in China. The costs for housing were also high in eastern economic powerhouses, such as the municipalities of Shanghai and Tianjin, as well as the provinces of Zhejiang, Jiangsu, and Fujian. On average, the price for apartments in the country was 10,864 yuan per square meter in 2023.

Average sale price of residential real estate in China in 2023, by region (in yuan per square meter)

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Release date

October 2024

Region

China

Survey time period

2023

Supplementary notes

One yuan equals approximately 0.14 U.S. dollars and 0.13 euros (as of December 2024).

Residential includes a range, from high-end villas to affordable housing.

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