How much the price of square meter varies within each city of Latin America and Portugal: dispersion in 53 cities (October 2026)
Machine-assisted English version of the Spanish original by Aptología. All figures are locked to the original (numbers are copied, not re-translated); if in doubt, the Spanish original prevails.
In Guayaquil, Ecuador, the square meter of the typical expensive apartment (percentile 75) costs 1.98 times that of the typical cheap (percentile 25), the largest dispersion of 53 cities; in Tocancipá, Colombia, only 1.18 times. The median of 53 cities is 1.46 times.
Abstract: We compare the price percentiles per m² of 177,789 apartments for sale in 53 cities with 200 ads or more.
Updated: 18 October 2026 (data from 18 October 2026) · Next update: monthly.

Summary
| Indicator | Value |
|---|---|
| Increased dispersion | Guayaquil (Ecuador): 1.98 × |
| Less dispersion | Tocancipá (Colombia): 1.18 × |
| Median cities | 1.46× |
Percent price per m² per city
| City | P25 (USD / m²) | Median | P75 | P75 ÷ P25 | Announcements |
|---|---|---|---|---|---|
| Guayaquil, Ecuador | USD 932 | USD 1,364 | USD 1,842 | 1.98 | 915 |
| Caracas, Venezuela | USD 1,029 | USD 1,400 | USD 2,013 | 1.96 | 1,464 |
| Santa Marta (Colombia) | USD 1,772 | USD 2,740 | USD 3,421 | 1.93 | 3,779 |
| Quito, Ecuador | USD 759 | USD 1,000 | USD 1,410 | 1.86 | 2,240 |
| Cartagena, Colombia | USD 1,787 | USD 2,469 | USD 3,311 | 1.85 | 5,774 |
| Buenos Aires, Argentina | USD 1,852 | USD 2,558 | USD 3,414 | 1.84 | 8,128 |
| Punta Cana (Dominican Republic) | USD 1,785 | USD 2,527 | USD 3,093 | 1.73 | 440 |
| Santo Domingo (Dominican Republic) | USD 1,500 | USD 1,975 | USD 2,507 | 1.67 | 6,196 |
| Barranquilla (Colombia) | USD 1,124 | USD 1,424 | USD 1,819 | 1.62 | 7,532 |
| Armenia, Colombia | USD 1,285 | USD 1,675 | USD 2,066 | 1.61 | 2,278 |
| Santiago (Chile) | USD 2,531 | USD 3,297 | USD 4,022 | 1.59 | 5,715 |
| Medellín (Colombia) | USD 1,846 | USD 2,356 | USD 2,927 | 1.59 | 20,515 |
| Bogotá, Colombia | USD 1,826 | USD 2,282 | USD 2,889 | 1.58 | 31,265 |
| Manizales (Colombia) | USD 1,393 | USD 1,776 | USD 2,203 | 1.58 | 2,788 |
| Pereira, Colombia | USD 1,360 | USD 1,728 | USD 2,116 | 1.56 | 4,376 |
| Cali (Colombia) | USD 1,222 | USD 1,461 | USD 1,885 | 1.54 | 9,365 |
| Lisbon, Portugal | USD 6,735 | USD 8,383 | USD 10,273 | 1.53 | 1,548 |
| Punta del Este (Uruguay) | USD 2,955 | USD 3,604 | USD 4,472 | 1.51 | 4,562 |
| Santa Cruz de la Sierra (Bolivia) | USD 1,000 | USD 1,241 | USD 1,512 | 1.51 | 1,679 |
| Bucaramanga, Colombia | USD 1,208 | USD 1,466 | USD 1,819 | 1.51 | 2,439 |
| Villavicencio (Colombia) | USD 1,122 | USD 1,321 | USD 1,676 | 1.49 | 347 |
| Cuenca, Ecuador | USD 1,000 | USD 1,238 | USD 1,492 | 1.49 | 331 |
| Santiago (Dominican Republic) | USD 1,278 | USD 1,496 | USD 1,898 | 1.49 | 522 |
| Porto (Portugal) | USD 4,878 | USD 5,820 | USD 7,218 | 1.48 | 607 |
| Mexico City, Mexico | USD 2,370 | USD 2,894 | USD 3,507 | 1.48 | 7,519 |
| La Ceja (Colombia) | USD 1,603 | USD 1,861 | USD 2,356 | 1.47 | 312 |
| Asunción (Paraguay) | USD 1,524 | USD 1,869 | USD 2,224 | 1.46 | 4,307 |
| Montevideo, Uruguay | USD 2,500 | USD 3,040 | USD 3,634 | 1.45 | 4,466 |
| Rionegro (Colombia) | USD 1,892 | USD 2,337 | USD 2,723 | 1.44 | 3,023 |
| Ibagué (Colombia) | USD 1,095 | USD 1,332 | USD 1,571 | 1.43 | 1,217 |
| Lima, Peru | USD 1,792 | USD 2,137 | USD 2,537 | 1.42 | 6,152 |
| Cúcuta (Colombia) | USD 954 | USD 1,116 | USD 1,331 | 1.39 | 561 |
| Piedecuesta (Colombia) | USD 992 | USD 1,151 | USD 1,378 | 1.39 | 246 |
| Bello, Colombia | USD 1,451 | USD 1,716 | USD 2,009 | 1.39 | 2,319 |
| Floridablanca (Colombia) | USD 1,366 | USD 1,626 | USD 1,879 | 1.38 | 919 |
| Arequipa (Peru) | USD 1,047 | USD 1,227 | USD 1,440 | 1.38 | 488 |
| Zipaquirá (Colombia) | USD 1,133 | USD 1,372 | USD 1,548 | 1.37 | 819 |
| La Estrella (Colombia) | USD 1,725 | USD 2,023 | USD 2,356 | 1.37 | 561 |
| Cochabamba (Bolivia) | USD 825 | USD 971 | USD 1,120 | 1.36 | 366 |
| La Paz, Bolivia | USD 931 | USD 1,099 | USD 1,261 | 1.36 | 462 |
| Itagüí (Colombia) | USD 1,791 | USD 2,126 | USD 2,422 | 1.35 | 2,012 |
| Mosquera (Colombia) | USD 1,295 | USD 1,548 | USD 1,738 | 1.34 | 817 |
| Envigado (Colombia) | USD 2,262 | USD 2,656 | USD 3,018 | 1.33 | 5,735 |
| Cajicá (Colombia) | USD 1,571 | USD 1,782 | USD 2,047 | 1.30 | 1,517 |
| Two-broken (Colombia) | USD 1,290 | USD 1,456 | USD 1,678 | 1.30 | 607 |
| Chia (Colombia) | USD 1,538 | USD 1,737 | USD 1,987 | 1.29 | 1,507 |
| Monteria (Colombia) | USD 1,027 | USD 1,168 | USD 1,321 | 1.29 | 288 |
| Jamundí, Colombia | USD 1,000 | USD 1,125 | USD 1,285 | 1.29 | 466 |
| Sabaneta (Colombia) | USD 1,948 | USD 2,237 | USD 2,499 | 1.28 | 4,375 |
| Madrid, Colombia | USD 1,020 | USD 1,134 | USD 1,298 | 1.27 | 475 |
| El Retiro (Colombia) | USD 2,604 | USD 2,929 | USD 3,252 | 1.25 | 618 |
| Soacha, Colombia | USD 974 | USD 1,066 | USD 1,156 | 1.19 | 566 |
| Tocancipá (Colombia) | USD 1,067 | USD 1,145 | USD 1,257 | 1.18 | 264 |
P25 and P75 = percentiles 25 and 75 of the price ordered per m², in the majority currency of each city converted to dollars (the reason does not depend on the rate).
Frequently asked questions
In which Latin American city does the price of the m² vary most? In Guayaquil, Ecuador: P75 is 1.98 times P25.
Where is it more homogeneous? In Tocancipá (Colombia): 1.18 times.
Methodology
- Source: night events of the Aptology database (aptologia.com) of 18 October 2026: current housing ads in real estate portals of 13 countries, collected by Aptology and seen online between 11 and 18 October 2026. Court: 18 October of 2026.
- Debugging: exact duplicates (same city, area, type, price, currency, area, rooms and bathrooms) and prices outside the percentile 1 - 99 of each country, operation, currency and type are removed; the price per m² uses only ads with declared area between 12 and 2,000 m² and is also cut to P1-P99.
- What is measured: prices ordered (published), not closing prices. For rent, monthly rent without HOA fee, common expenses or condo.
- Minimum sample: each published figure is based on at least 30 ads; cells with less are omitted.
- Coins: never mix different coin ads without converting them. Conversión a dólares con la tasa de mercado de ExchangeRate-API (open.er-api.com, actualización del 18 Oct 2026): 1 USD = 3,182.80 COP, 1 USD = 18.47 M.N, 1 USD = 5.09 BRL, 1 USD = 3.44 PEN, 1 USD = 982.44 CLP, 1 USD = 1,514.57 ARS, 1 USD = 40.20 UYU, 1 USD = 5,705.37 PYG, 1 USD = 61.27 DOP, 1 USD = 0.89 EUR, 1 USD = 11.72 BOB; la UF chilena a 41,178.64 CLP (mindicador,cl. 18-oct-2026). The ads published in dollars are used as they are.
- Coins: In each city and operation only the majority currency of the ads is used (the ads in another currency are excluded) and the median is converted to dollars at the rate mentioned; no different currency ads are ever averaged.
- Limitations: The coverage depends on the portals that travel Aptology in each country and is greater in large cities and in the medium-high and high segments; the area is the one that declares the announcement, unverified; the area names come from the portals.
- Privacy: only aggregates are published; no personal data, link to ads or name of advertiser is published.
- Open data: datos.csv, CC BY license 4. 0.
How to quote
Pinzón Pineda, D. M. (2026). How much the price of square meter varies within each city of Latin America and Portugal: dispersion in 53 cities (October 2026). Aptology (aptologia.com). https://github.com/elbroker/aptologia-datos/tree/main/estudios/dispersion-del-precio-m²-ciudades-latinoamerica-2026. Data: datos.csv, CC BY license 4. 0.
Sources and data
- DOI: 10.5281/zenodo.23475781 (Zenodo)
- Original study (Spanish): Cuánto varía el precio del metro cuadrado dentro de cada ciudad de Latinoamérica y Portugal: dispersión en 53 ciudades (octubre 2026)
- GitHub (CSV, PDF): https://github.com/elbroker/aptologia-datos/tree/main/estudios/dispersion-del-precio-m2-ciudades-latinoamerica-2026
- Hugging Face: https://huggingface.co/datasets/aptologia/dispersion-del-precio-m2-ciudades-latinoamerica-2026