Over the post-socialist period, residential mobility processes were very intense and took place on large areas. Flow intensity led to the emergence of new spatial and functional realities and created new relationships within the affected areas. During all this period, Bucharest’s metropolitan area was shaped by the spatial mobility of the city dwellers, as well as by the change of their social and residential aspirations. The majority of those who were registered as movers in Bucharest were actually residents of Bucharest (they only changed their domicile) and the share of people coming to the city from elsewhere has increased constantly over the last decade. Except for the early 1990s, a period when residential legal status was pending clarification, migrations from peri-urban area, especially from Ilfov County, to Bucharest had a low intensity. Situation is quite different in terms of moving out of Bucharest, to the communes and towns of Ilfov County, located in close proximity, which have been continuously increasing values. The correlation between housing stock features (real estate supply) and the demand of new dwellings (emphasized by the residential trajectories) prove both that current mobility flows taking place at this time in Bucharest are segmented based on economic-spatial criteria and that Markov chains are functional.