Real Estate Market Status in Montevideo — June 2026

Overall overview

The Montevideo real estate market in June 2026 presents a dynamic of intense supply but moderate sales speed. With 71,197 active listings and 23,550 new listings in the last 30 days, the renewable stock is significant: almost 33% of the supply renews monthly.

The median Days on Market (DOM) of 117 days indicates that the average sale takes almost 4 months from listing to closing. This number is revealing: it is not a slow market, but neither is it high-speed. For context, a DOM below 90 days is usually considered "fast" in Montevideo; one above 150 days, "slow". With 117 days, the city is in neutral territory, although with very marked neighborhood heterogeneity.

The presence of data in 72 neighborhoods reflects a distributed and decentralized market, with different opportunities and dynamics depending on geographic area and socioeconomic profile.

The most dynamic neighborhoods

Neighborhood	Median DOM	Active Stock	New Listings	Months of Stock
Bella Vista	54	376	96	3.6
Cerro	55	48	11	3.7
Conciliación	55	19	5	N/D
Ituzaingó	75	29	7	3.6
Punta Rieles	75	17	8	1.7
Aguada	83	1,654	507	2.8
Villa Muñoz	84	72	29	1.9
Cerrito	86	68	22	2.1
Paso Molino	97	56	20	1.8
Aires Puros	102	47	19	3.4

These neighborhoods are characterized by DOM under 102 days, which indicates fast commercialization compared to the city average. Bella Vista and Cerro lead with 54 and 55 days respectively. Bella Vista, furthermore, has the largest active stock within this group (376 properties), suggesting that demand absorbs supply consistently and quickly.

Aguada is a special case: it has the largest active stock in the entire city (1,654 listings) and 507 new listings in 30 days. Despite its volume, it manages to maintain a DOM of 83 days. This speaks to a neighborhood with high demand and constant turnover, likely driven by its accessibility, infrastructure, and proximity to the center.

Punta Rieles and Paso Molino deserve attention: they have months of stock of 1.7 and 1.8 respectively, the lowest values in the ranking. This indicates very rapid supply absorption—almost all properties sell in less than 2 months—positioning them as defined seller's markets.

For investors or buyers seeking options in dynamic movement, buying opportunities in these neighborhoods tend to close quickly.

The most stalled neighborhoods

Neighborhood	Median DOM	Active Stock	New Listings	Months of Stock
Capurro - Bella Vista	365	39	9	3.0
Parque Miramar	365	307	154	2.4
Belvedere	365	37	15	2.1
Mercado Modelo	365	36	12	2.6
Villa Dolores	365	35	12	2.7
Sayago	365	68	27	1.8
Goes	365	98	33	2.4
Las Acacias	364	17	5	2.1
Reducto	352	215	74	2.2
Flor de Maroñas	313	19	4	N/D

These neighborhoods record DOM from 313 to 365 days, meaning properties take between 10 and 12 months to sell from listing. Except for Flor de Maroñas and Reducto, most show a DOM of exactly 365 days—a statistical ceiling suggesting many properties exceed that timeframe.

Parque Miramar is the most notable in the stalled group: although it has 307 active properties and 154 new listings monthly, it manages to maintain a months of stock of 2.4. This indicates that despite low relative movement, supply renews constantly but slowly. Some owners keep listings posted for more than a year.

Reducto (352 days) is another relevant case. With 215 active properties and 74 new listings, it shows significant renewal but insufficient to absorb the existing base. The 2.2 months of stock masks a reality: many properties have not sold in over a year.

These neighborhoods require strategies for price repositioning or improved presentation to accelerate sales. They are buyer's markets, where there is room to negotiate.

Buyer's or seller's market?

The classification by months of stock is the clearest indicator of negotiating power:

• Seller's market (<6 months of stock): Punta Rieles (1.7), Paso Molino (1.8), Villa Muñoz (1.9), Cerrito (2.1), Belvedere (2.1), Las Acacias (2.1), Aguada (2.8), Reducto (2.2), Parque Miramar (2.4), Goes (2.4), Mercado Modelo (2.6), Villa Dolores (2.7). Most dynamic neighborhoods and several stalled ones fall here, meaning there is still pressure on supply.
• Balanced market (6-9 months): Bella Vista (3.6), Ituzaingó (3.6), Cerro (3.7), Aires Puros (3.4), Capurro - Bella Vista (3.0). These neighborhoods have relatively balanced supply and demand.
• Buyer's market (>9 months): Very few neighborhoods fall into this category based on available data. However, the prolonged DOM in areas like Capurro - Bella Vista or Belvedere suggests that, although formal stock is low, absorption is very slow.

In summary: the overall market slightly favors the seller, but with very clear pockets of advantage for buyers in stalled neighborhoods.

Price trend

Neighborhood	USD/m²	Monthly Change %	Active Stock
Arroyo Seco	USD 3,007/m²	53.4%	32
La Figurita	USD 1,779/m²	-41.7%	36
Larrañaga	USD 2,086/m²	-33.4%	54
Bella Italia	USD 1,315/m²	22.8%	18
Lezica	USD 1,196/m²	9.5%	30
Punta Rieles	USD 1,153/m²	9.0%	17
Flor de Maroñas	USD 1,198/m²	7.3%	19
Las Canteras	USD 1,143/m²	6.2%	0
Curva de Maroñas	USD 1,143/m²	6.2%	0
Villa Española	USD 1,674/m²	5.0%	124
Jacinto Vera	USD 2,221/m²	-4.7%	227
Bañados de Carrasco	USD 1,646/m²	4.6%	21
Casavalle	USD 1,435/m²	-4.6%	0
Jardines del Hipódromo	USD 1,089/m²	4.5%	0
Unión	USD 1,801/m²	3.5%	516

Price trends reveal significant volatility in specific neighborhoods, although with monthly margins—some of these variations may reflect changes in sample composition (property type or size) rather than real market shifts.

Notable increases: Arroyo Seco leads with a 53.4% monthly increase, reaching USD 3,007/m². This is an exceptional move suggesting speculation or repositioning of offers. Bella Italia (22.8% increase) also shows upward dynamism. In the mid-range, Lezica (9.5%), Punta Rieles (9.0%), and Flor de Maroñas (7.3%) record consistent single-digit gains.

Notable decreases: La Figurita falls 41.7% to USD 1,779/m², a drop similar in magnitude to Arroyo Seco's rise. Larrañaga falls 33.4% to USD 2,086/m². These corrections may indicate adjustment of price expectations after periods of unsuccessful listings. Jacinto Vera and Casavalle record moderate declines of around 4.6%.

For a detailed analysis of valuations by neighborhood, check our price ranking by neighborhood.

Conclusion

In June 2026, Montevideo presents a real estate market in dynamic equilibrium with very clear geographic fragmentation. The median DOM of 117 days is neutral: it indicates neither urgency nor stagnation, but a medium-paced sales process for the city.

Sellers have favorable conditions in coastal, central, and expanding neighborhoods (Bella Vista, Aguada, Punta Rieles), where movement is quick and stock relatively low compared to renewal flow. Buyers have negotiating room in consolidated but less dynamic areas (Parque Miramar, Reducto, Belvedere), where properties take more than a year to close.

Price trends are volatile in specific neighborhoods (Arroyo Seco, La Figurita), suggesting supply is undergoing adjustment. However, the bulk of the market maintains price stability in values ranging between USD 1,100 and USD 2,200/m² in most consolidated residential zones.

What to expect in the coming months: If new supply continues at current levels (23,550 monthly listings), downward price pressure will increase in neighborhoods with DOM > 200 days. Simultaneously, demand in dynamic zones will continue to absorb stock quickly. Buyers should be agile in hot zones; sellers, realistic in slow zones.

Updated: June 2026. Source: INGAR analysis based on current real estate supply in Montevideo.