How much does a building in Beijing cost? The latest housing price data and market trend analysis in 2024
Recently, price fluctuations in Beijing’s property market have once again become a hot topic. As a benchmark for housing prices across the country, the rise and fall of housing prices in Beijing affects the hearts of countless home buyers. This article will combine the hot data and market dynamics of the entire network in the past 10 days to provide you with a detailed analysis of the current housing prices in various regions of Beijing, and attach a structured data table to help you understand at a glance.
1. The current overall level of housing prices in Beijing
According to the latest statistical data, the average price of new homes in Beijing in May 2024 is65,000 yuan/㎡, the average price of second-hand houses is58,000 yuan/㎡. Compared with the same period last year, new home prices increased slightly by 2.3%, and second-hand home prices remained basically the same.
| Property type | Average price (yuan/㎡) | Year-on-year change |
|---|---|---|
| new house | 65,000 | +2.3% |
| Second-hand house | 58,000 | 0% |
2. Comparison of housing prices in various regions of Beijing
There are significant differences in housing prices among various regions in Beijing. The following is a comparison of prices in the main administrative districts:
| area | Average price of new houses (yuan/㎡) | Average price of second-hand houses (yuan/㎡) | Popular sections |
|---|---|---|---|
| Dongcheng District | 125,000 | 110,000 | Dongzhimen, Wangfujing |
| Xicheng District | 132,000 | 118,000 | Financial Street, Xidan |
| Haidian District | 98,000 | 85,000 | Zhongguancun, Wanliu |
| Chaoyang District | 85,000 | 75,000 | CBD, Wangjing |
| Fengtai District | 62,000 | 55,000 | Lize, Science and Technology Park |
| Tongzhou District | 45,000 | 42,000 | Canal Business District |
3. Recent hot topics in Beijing’s property market
1.School district housing policy adjustments: Housing prices in some school districts in Xicheng District have loosened, with price reductions of up to 5%-8% for some housing listings.
2.Shared property housing is heating up: A certain shared property housing project in Daxing District was sold out immediately after its launch, with an average price of 28,000 yuan/㎡.
3.Second-hand house listings surge: Since May, the number of new listings of second-hand houses has increased by 15% month-on-month, and owners’ willingness to reduce prices has increased.
4. House purchase suggestions and market outlook
1.Just in need of home buyers: You can pay attention to price depression areas such as Tongzhou and Daxing, or wait for the traditional sales off-season in the second half of the year to enter the market.
2.Improvement needs: High-quality housing in core areas such as Chaoyang and Haidian still has the ability to maintain its value, so it is recommended to replace it when the opportunity arises.
3.Investors: Policy risks need to be carefully assessed, as the sale cycle of commercial and office properties is still relatively long.
According to industry experts’ predictions, Beijing’s property market will remain stable in the second half of 2024."Quantity increases and price stabilizes"As for the situation, housing prices in core areas are highly resistant to falling prices, while suburban counties may face certain adjustment pressures. It is recommended that home buyers make rational decisions based on their own needs and pay close attention to policy trends.
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