Average real estate sale price of residential real estate in China 2013-2023

Published by
Wenyi Zhang,
May 6, 2025

In 2023, the average selling price of residential property in China was 10,864 yuan per square meter, a slight increase of 264 yuan from the previous year. Property prices in China have almost doubled over the past decade, but the market boom has been losing steam since around 2021.

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Average real estate sale price of residential real estate in China between 2013 and 2023 (in yuan per square meter)

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Release date

October 2024

Region

China

Survey time period

2013 to 2023

Supplementary notes

One yuan equals approximately 0.14 U.S. dollars and 0.12 euros (as of May 2025). 

Included are high-end apartments as well as affordable housing.

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