Average sales price of office real estate in Colombia 2022-2023, by city
In the second quarter of 2023, Medellín experienced the highest average sales price for office real estate among the major cities of Colombia. The average sales price of an office in Medellín was 10.2 million Colombian pesos per square meter. Interestingly, it also saw the highest rise in office prices as compared to the second quarter of 2022, showing an increase of over 51 percent. Conversely, Barranquilla and Cali exhibited the lowest prices.