ERA Portugal Revenue Increases 27% in Third Quarter, Highlighting Market Imbalance
The real estate network ERA Portugal has reported a total of €31 million in commissions for the third quarter of 2025, which spans from July to September. This figure marks a 27% increase when compared to the same three-month period in the previous year. When compared to the second quarter of 2025, which was the company's best on record, the result represents a minor correction of 0.04%. The month of September was particularly noteworthy, establishing a new record for the highest revenue in a single month in the company's history, with turnover exceeding €11.2 million. This was a 15% rise from August 2025 and a 34% increase from September 2024.
In terms of sales volume, the network registered growth across all performance indicators. Over 3,300 property transactions were finalized during the quarter, an increase of 1.9% from the preceding quarter and a substantial 14.8% rise compared to the homologous period last year. The average transaction value for residential properties reached €252,472, which is 10.5% higher than the average recorded in the second quarter. The cumulative value of all properties transacted through the ERA network during the third quarter exceeded €690 million. These statistics are crucial for understanding market dynamics, a topic frequently covered in our market intelligence and analysis section.
On the supply side, ERA listed more than 9,100 new properties in the third quarter of 2025. The month of July was especially active, with the company adding over 3,600 properties to its portfolio across Portugal. Rui Torgal, the CEO of ERA Portugal, attributed this performance to targeted efforts within the company. He stated, "the summer months were very positive for ERA on the supply side. With various internal initiatives to encourage sales teams to work on this indicator, the results appeared and demonstrate the importance of a mediation network's efforts to bring homes to the market."
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The network also reported a significant increase in new clients. Over the last three months, more than 16,000 new seller clients were added to the company's database. On the demand side, reflecting intense market interest, ERA registered nearly 89,000 new potential buyer clients during the same period. Mr. Torgal commented on this disparity, noting, "These numbers, despite the growth, clearly reflect the biggest problem we have in Portugal's housing sector, specifically the imbalance that continues to exist between supply and demand, which is evident in the number of potential buyers being 5.5 times higher than the number of sellers."
Regarding the origin of buyers, Portuguese citizens continue to be the largest group purchasing properties through the ERA network. Among international clients, there was a notable shift, with German buyers entering the top three. For the third quarter, the five leading nationalities of foreign buyers were Brazil, the United Kingdom, Germany, Angola, and the United States of America. This demographic data is valuable for international clients, who can find support from professionals like agents specializing in international clients. Stay informed on Lisbon property market developments at realestate-lisbon.com.