20/01/2026 – In the first 9 months of 2025, the residential real estate market in Italy continues to show signs of dynamism, reaching nearly 548,287 transactions (+9.1% compared to the same period last year). But which provincial capitals have the most active residential markets?
According to the analysis by Abitare Co., a real estate brokerage and services company, from January to September 2025 as many as 83 provincial capitals closed with positive results. Among the most dynamic stand out Frosinone (+45.1%), Sondrio (+34.6%) and Belluno(+34.4%), followed by Grosseto (+29.3%), Catanzaro (+26.5%), Campobasso (+25.7%), Siena (+25.6%), Imperia (+22.8%), Pavia(+21.4%) and Massa (+21.3%).

Only 13 provincial capitals show negative results, with the most significant drops in Enna (–12.9%), Isernia (–10.2%), Aosta (–10.1%) and Crotone (–6.7%).

Looking at the eight metropolitan cities, the picture is generally positive: all show growth, except Florence, which in the first 9 months of 2025 recorded a decline of –2.2% in transactions. The most active metropolitan city is Turin (+10%), followed by Palermo (+9.1%) and Milan (+8.4%). The Capital also shows growth: 26,694 transactions were recorded, an increase of 6.8%. They are followed by Genoa(+6.2%), Bologna (+4.4%) and Naples (+3.6%).

At the regional level, one of the most vibrant areas is Umbria, which in the first 9 months of 2025 ranks first with +15.5% (8,110 transactions). Also on the podium are Tuscany with +14.1% (37,111 transactions) and Friuli-Venezia Giulia with +14% (7,828 transactions). Double‑digit growth is also recorded in Lazio (+12.7%), Emilia-Romagna (+12.6%), Marche (+11.5%), Calabria(+11.4%), Piedmont and Veneto (both +11.3%), Liguria (+10.4%) and Lombardy (+10.1%).