Lisbon District Property Market Report: Sales (Jun–Aug 2025)

Lisbon district is Portugal’s largest and most competitive housing market. It brings together very different sub-markets: premium coastal areas like Cascais and Ericeira, the dense and high-priced Lisbon city core, fast-growing suburbs such as Odivelas and Oeiras, and more peripheral zones like Torres Vedras where larger houses dominate. This mix creates a region that is both the country’s most expensive and its most dynamic: international buyers compete for prime city and coastal flats, while local families search for value in suburban and outer-district houses.

Supply & Pricing

Supply stayed very high across the summer, though with a mild decline: from 35.1k in June to 34.3k in August.
Price trends (€/m²) dipped in July and recovered in August - median values slipped from €4 561 → €4 444, then nudged up to €4 468; averages stayed above €5 000/m².

Engagement

Buyer attention grew slightly in quality. Each listing drew ~1 070-1 100 views a month, while contacts per view held steady near 0.72%. Favorites per view climbed from 4.73% to 4.82% - suggesting buyers are comparing more options and saving selectively.

Property Types: Flats vs Houses

Lisbon District is a flat-dominated market. Flats consistently form ~65% of supply, houses ~35%. Despite fewer listings, houses still attract heavy attention, though engagement is lower than for flats. Flats generate ~3× more contacts and ~2× more favorites.

Takeaway

• Scale: Lisbon District is the country’s largest housing market with ~34k–35k active listings, far exceeding Porto, Leiria or Faro.
• Prices: €4 400-4 600 €/m² median, far above Porto (~€3 000) and well beyond Silver Coast levels.
• Flats dominate: Two-thirds of listings, driving most buyer engagement.
• Engagement shifting: Contacts per view stable, favorites rising — buyers short-list more, negotiate later.
• Opportunities: For sellers, premium pricing must be backed by quality; buyers face a tight market with increasing competition.