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Gondomar · report

Past price cycles in Gondomar

Bank valuations have fallen by 3% or more once since 2011. That fall began in July 2011.

Deepest fall
−22.1%
Recovery from the low
48 months

Prices in Gondomar and Portugal, indexed

Bank valuations, both set to 100 in January 2011.

  • Gondomar
  • Portugal
  • 100 = January 2011
Show the numbers
PeriodGondomarPortugal
Sep 2026312.5259.7
Aug 2026308.9257.0
Jul 2026305.1255.4
Jun 2026305.6254.0
May 2026301.3251.8
Apr 2026295.4247.9
Mar 2026286.4245.3
Feb 2026283.5242.0
Jan 2026280.5240.0
Dec 2025281.2237.3
Nov 2025278.5234.9
Oct 2025278.5230.9
Sep 2025270.7227.5
Aug 2025269.1224.1
Jul 2025260.1221.8
Jun 2025255.3217.9
May 2025250.2215.1
Apr 2025248.5212.8
Mar 2025245.0210.6
Feb 2025234.3206.4
Jan 2025230.2202.3
Dec 2024228.4199.2
Nov 2024228.1198.4
Oct 2024223.2196.2
Sep 2024216.3193.3
Aug 2024211.0189.7
Jul 2024211.0186.8
Jun 2024209.4184.5
May 2024211.8183.6
Apr 2024209.1182.0
Mar 2024211.0180.2
Feb 2024206.0177.9
Jan 2024202.1176.7
Dec 2023198.3175.1
Nov 2023197.7174.5
Oct 2023196.3175.1
Sep 2023194.7175.7
Aug 2023192.8175.4
Jul 2023192.0173.9
Jun 2023194.8173.1
May 2023193.0172.2
Apr 2023192.4170.0
Mar 2023191.4169.1
Feb 2023188.6168.5
Jan 2023189.7169.3
Dec 2022188.6166.2
Nov 2022187.9165.2
Oct 2022184.8161.9
Sep 2022185.0162.9
Aug 2022184.8161.2
Jul 2022182.4161.6
Jun 2022181.9160.4
May 2022177.2157.4
Apr 2022176.7154.6
Mar 2022175.2151.8
Feb 2022175.2149.8
Jan 2022169.9147.3
Dec 2021169.8146.5
Nov 2021168.9145.0
Oct 2021169.3142.6
Sep 2021165.1140.9
Aug 2021163.0139.2
Jul 2021161.9139.2
Jun 2021160.2138.5
May 2021160.2138.2
Apr 2021159.1136.8
Mar 2021159.1135.3
Feb 2021156.0133.9
Jan 2021151.5133.4
Dec 2020149.2131.8
Nov 2020148.5130.4
Oct 2020146.0129.0
Sep 2020146.6128.6
Aug 2020146.0128.6
Jul 2020147.0128.5
Jun 2020143.7127.6
May 2020145.1127.0
Apr 2020142.9126.7
Mar 2020144.3126.6
Feb 2020141.4126.7
Jan 2020141.9125.8
Dec 2019138.5124.4
Nov 2019137.1122.7
Oct 2019133.2121.9
Sep 2019131.4121.6
Aug 2019132.3120.2
Jul 2019130.9119.0
Jun 2019129.4117.4
May 2019123.8116.6
Apr 2019122.5115.7
Mar 2019121.8114.7
Feb 2019124.3114.0
Jan 2019120.8112.1
Dec 2018119.3111.4
Nov 2018116.0110.4
Oct 2018115.8110.3
Sep 2018116.5109.4
Aug 2018116.7108.4
Jul 2018115.3107.3
Jun 2018113.9106.3
May 2018112.1105.9
Apr 2018110.7105.4
Mar 2018110.4104.9
Feb 2018111.0103.9
Jan 2018110.0102.9
Dec 2017107.5101.6
Nov 2017106.5101.4
Oct 2017106.5101.0
Sep 2017105.5100.5
Aug 2017103.799.0
Jul 2017102.098.2
Jun 2017102.098.1
May 2017103.997.7
Apr 2017102.497.4
Mar 2017101.496.8
Feb 201798.696.6
Jan 201797.595.9
Dec 201698.095.0
Nov 201698.094.2
Oct 201697.993.5
Sep 201693.193.0
Aug 201691.792.8
Jul 201690.491.9
Jun 201691.491.6
May 201692.891.2
Apr 201694.790.5
Mar 201696.889.9
Feb 201694.289.5
Jan 201690.289.5
Dec 201589.989.9
Nov 201590.989.3
Oct 201590.988.9
Sep 201594.588.6
Aug 201591.088.3
Jul 201592.388.5
Jun 201588.287.7
May 201589.087.6
Apr 201586.486.7
Mar 201587.986.2
Feb 201588.286.2
Jan 201589.786.2
Dec 201489.785.6
Nov 201489.585.6
Oct 201488.086.2
Sep 201489.788.0
Aug 201493.488.4
Jul 201489.987.0
Jun 201488.985.3
May 201484.284.2
Apr 201485.183.9
Mar 201488.084.3
Feb 201492.085.7
Jan 201492.386.7
Dec 201386.287.0
Nov 201385.986.9
Oct 201382.787.2
Sep 201386.987.0
Aug 201383.486.8
Jul 201388.386.5
Jun 201388.387.1
May 201389.786.4
Apr 201392.085.3
Mar 201392.884.6
Feb 201392.885.1
Jan 201389.286.5
Dec 201289.287.8
Nov 201291.888.3
Oct 201292.388.7
Sep 201296.289.4
Aug 201299.789.4
Jul 201294.989.7
Jun 201292.490.2
May 201290.091.2
Apr 201290.492.8
Mar 201292.092.5
Feb 201294.792.4
Jan 201294.592.2
Dec 201194.593.3
Nov 201195.694.5
Oct 201197.995.0
Sep 2011102.096.2
Aug 2011104.597.1
Jul 2011106.297.9
Jun 2011105.199.4
May 2011100.4101.4
Apr 2011100.4102.6
Mar 2011100.4102.4
Feb 2011101.4101.1
Jan 2011100.0100.0

Every fall of 3% or more

From the peak to the lowest month after it, and how long prices took to get back.

PeakLowFallMonths fallingMonths to recover
July 2011October 2013−22.1%2748

Portugal against the EU since 2015

Eurostat's house price index for all dwellings, 2015 = 100. National figures, comparable across member states.

  • Portugal
  • EU
  • 2015 = 100
Show the numbers
PeriodPortugalEU
Q2 2026301.4168.6
Q1 2026291.0166.5
Q4 2025280.2164.6
Q3 2025269.4163.5
Q2 2025258.8161.0
Q1 2025247.1158.5
Q4 2024235.7156.2
Q3 2024228.9155.1
Q2 2024220.7152.7
Q1 2024212.5149.8
Q4 2023211.3148.9
Q3 2023208.5149.1
Q2 2023204.7148.2
Q1 2023198.6147.6
Q4 2022195.9148.7
Q3 2022193.8150.9
Q2 2022188.3149.6
Q1 2022182.6146.2
Q4 2021176.0143.2
Q3 2021171.3140.2
Q2 2021166.4136.0
Q1 2021161.7132.1
Q4 2020157.7129.8
Q3 2020153.6128.1
Q2 2020154.3126.3
Q1 2020151.7124.4
Q4 2019146.1122.7
Q3 2019143.7121.5
Q2 2019140.7119.8
Q1 2019137.1117.6
Q4 2018132.3116.8
Q3 2018129.7115.9
Q2 2018128.5114.2
Q1 2018125.6112.3
Q4 2017121.1111.2
Q3 2017119.6110.4
Q2 2017115.5108.8
Q1 2017111.9106.9
Q4 2016109.6106.1
Q3 2016108.3105.4
Q2 2016106.9103.8
Q1 2016103.7102.0
Q4 2015101.8101.1
Q3 2015100.7100.8
Q2 2015100.699.8
Q1 201596.998.3

Bank valuations go back to 2011, so they include the fall after the euro crisis; asking prices start in 2015. A fall counts once prices drop 3% below a peak, and ends when they are back at it.

Other reports for Gondomar

Asking prices have an 80% chance of landing between €2,469/m² and €2,905/m² by September 2027.

Expected, September 2027
€2,687/m²
Chance of a rise
83%

At the bank valuation, a 90 m² home costs €199,980. With 10% down and a 30-year mortgage, the payment is €759 a month. Banco de Portugal caps it at 50% of a household's net income.

Payment, two incomes
30%
Payment, one income
61%

Owning a 90 m² home costs less each month than renting it. Owning counts interest, running costs and the return the deposit could earn, at the median sale price. Repaying the loan is saving, so it is left out.

Rent per month
€813
Owning per month
€741

Sellers ask 13.5% more than banks value homes at. A year ago the gap was +12.5%.

Gap today
+13.5%
Change in a year
+1.0 pp

46.8% more homes were licensed for construction in the last 12 months than in an average year of the past decade.

Licensed, 12 months
382
Per 1,000 residents
2.2

Figures for Área Metropolitana do Porto: Gondomar has no reliable figures of its own.

Over the last 12 months, buyers domiciled abroad paid 31.6% more per m² than buyers living in Portugal.

Abroad against residents
+31.6%

In 2025 the population grew by 304 while 274 homes were finished: 1.1 new residents for every new home.

New residents per new home, 2025
1.1
Population change, 2025
+304

9.9% of the 74,537 homes counted in the 2021 census stood empty, whether for sale, to let or for other reasons.

Empty, 2021 census
9.9%
Empty homes
7,401

In 2025, 0% of the buildings finished were work on existing buildings: extensions, alterations and reconstructions.

Work on existing buildings, 2025
0%
Reconstructions per 100 new buildings
0.0

Public bodies signed €14.3M of housing works here in 2025, and €34.5M since 2012.

Signed in 2025
€14.3M
Per resident, 2025
€84

Data: INE, ECB and others · updated October 27, 2026

Asking prices and bank valuations are not sale prices. This is a description of public data, not financial advice.

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