Large Floor Areas and Single-Family Homes Above 115 sqm in Lombardy (2023–2025)
Official data, Italian Revenue Agency
While in the large high-density urban centres – first and foremost Milan – the sales market focuses mainly on one-bedroom and compact two-bedroom flats, across the whole regional territory of Lombardy there is substantial, structural demand for large floor areas and single-family homes.
The analysis of the official data for 2023, 2024 and 2025 on residential floor areas above 115 square metres (the sum of the 115–145 sqm and over 145 sqm bands) reveals that more than one sale in four in the region concerns large homes, driven by the search for green space, independence and family liveability.
1. Overall Regional Data (2023–2025)
In 2025 residential sales (Normalised Number of Transactions - NTN) of homes above 115 sqm reached 45,337.85 NTN in Lombardy, representing 27.95% of the regional total (162,189.39 NTN).
The breakdown within the large floor area segment shows a substantial balance between large three-bedroom flats and detached or prestige homes:
- 115–145 sqm band (Large three-bedroom and compact four-bedroom flats): 21,479.47 NTN (13.24% of the Lombardy total).
- Over 145 sqm band (Villas, semi-detached houses, penthouses and large single-family homes): 23,858.38 NTN (14.71% of the Lombardy total).
Evolution over the Three Years (2023–2025)
Unlike small sizes, which are strongly affected by financial yield cycles, demand for large floor areas showed steady stability during the 2024 rate rise, then recorded a decisive acceleration in 2025:
| 2023 | 41,332.74 NTN (27.42% of the regional market) |
| 2024 | 41,646.54 NTN (27.48% of the regional market, +0.76% year on year) |
| 2025 | 45,337.85 NTN (27.95% of the regional market, +8.86% on 2024 and +9.69% on 2023). |
Source: official data, Italian Revenue Agency
In three years the annual volume of large homes traded in Lombardy increased by +4,005.11 transactions.
2. The Structural Gap: Milan City vs Hinterland and Provinces
The data of the Italian Revenue Agency show a clear geographic divide between the city of Milan and the rest of the region.
Milan City: The Large Home as a Niche
In the municipality of Milan, the high value per square metre limits purchasing capacity for large floor areas. Homes above 115 sqm account for only 14.95% of city sales (3,764.31 NTN in 2025 out of 25,172.96 in total):
- 115–145 sqm: 2,006.38 NTN (7.97% of Milan sales)
- Over 145 sqm: 1,757.93 NTN (6.98% of Milan sales).
The Hinterland and the Rest of the Region
Moving outside the administrative boundaries of the city, the share of large floor areas rises sharply:
- Milan Hinterland: The percentage rises to 22.27% of the total (10,116.49 NTN in 2025, of which 5,552.83 between 115-145 sqm and 4,563.66 over 145 sqm).
- Rest of Lombardy (10 provinces excluding Milan): Floor areas above 115 sqm make up as much as 34.34% of all local transactions (31,457.05 NTN out of 91,593.61), showing how the single-family home and the large apartment are the dominant housing model in the provinces.
Comparative Table: Share of Large Floor Areas in the 11 Lombardy Provinces (Year 2025)
Below is the ranking of the Lombardy provinces ordered by the percentage share of homes above 115 sqm in total local sales:
| Province | Sales 115–145 sqm | Sales >145 sqm | Total over 115 sqm (NTN) | Share of provincial total (%) |
|---|---|---|---|---|
| Mantua | 896.52 | 1,830.19 | 2,726.71 | 48.98% |
| Cremona | 909.13 | 1,291.74 | 2,200.87 | 43.94% |
| Brescia | 2,908.79 | 3,867.94 | 6,776.73 | 36.88% |
| Pavia | 1,376.27 | 1,797.13 | 3,173.40 | 34.01% |
| Varese | 2,047.89 | 2,724.45 | 4,772.34 | 33.21% |
| Bergamo | 2,897.39 | 2,847.90 | 5,745.29 | 32.03% |
| Como | 1,406.33 | 1,544.20 | 2,950.53 | 31.12% |
| Lecco | 650.84 | 780.24 | 1,431.08 | 29.11% |
| Lodi | 517.91 | 563.16 | 1,081.07 | 27.73% |
| Sondrio | 309.19 | 289.84 | 599.03 | 22.11% |
| Milan (Province) | 7,559.21 | 6,321.59 | 13,880.80 | 19.66% |
| Milan city | 2,006.38 | 1,757.93 | *3,764.31* | *14.95%* |
| Milan Hinterland | 5,552.83 | 4,563.66 | *10,116.49* | *22.27%* |
| TOTAL LOMBARDY | 21,479.47 | 23,858.38 | 45,337.85 | 27.95% |
Source: official data, Italian Revenue Agency
3. Geographic Analysis of Demand Peaks
The Lower Po Plain (Mantua and Cremona)
In the province of Mantua, almost one home in two traded (48.98%) exceeds 115 sqm, with the over 145 sqm band alone absorbing 32.88% of transactions (1,830.19 NTN). Close behind is Cremona with 43.94% (2,200.87 NTN). In these areas, the availability of building plots and the agricultural and industrial tradition favour the spread of single-family villas, renovated farmhouses and detached units.
The Pre-Alpine and Lake Areas (Brescia, Varese, Bergamo and Como)
The provinces of Brescia (36.88% - 6,776.73 NTN), Varese (33.21% - 4,772.34 NTN), Bergamo (32.03% - 5,745.29 NTN) and Como (31.12% - 2,950.53 NTN) show particularly high absolute volumes of large homes. The presence of the lakes (Garda, Iseo, Como, Maggiore) and of hilly and pre-Alpine settings supports sales of prestige residential properties, single-family homes with gardens and detached homes.
Descriptive Observations on the Data
- For those analysing the distribution of supply: The data confirm the deeply polycentric nature of Lombardy. Those looking for homes above 115 sqm find their preferred market in the provincial areas and the metropolitan Hinterland, where large floor areas represent between 30% and 49% of sales.
- For those analysing urban demand: In Milan city, the limited share of large floor areas (14.95%) reflects a market geared to the intensive use of space, in which homes above 145 sqm (6.98%) are an elite segment.
FAQ – Frequently Asked Questions on Large Floor Areas in Lombardy
* In the official data of the Italian Revenue Agency, the municipalities of the province of Monza and Brianza are included in the province of Milan: the figures for the province of Milan and the Milan Hinterland therefore also include Monza and Brianza.
How many homes above 115 sqm were sold in Lombardy in 2025?
In 2025 45,337.85 sales of homes with a floor area above 115 sqm were recorded, equal to 27.95% of all residential transactions in the region.
Which Lombardy province has the highest share of villas and large floor areas?
The province of Mantua leads the regional ranking with 48.98% of sales above 115 sqm, followed by Cremona (43.94%) and Brescia (36.88%).
What is the share of large floor areas in Milan city?
In the municipality of Milan homes above 115 sqm represent 14.95% of city sales (3,764.31 NTN in 2025). In the Milan Hinterland the share rises to 22.27% (10,116.49 NTN).
Informative article based on the official data of the Italian Revenue Agency (NTN 2023–2025).