Developers are off the tone. The increase in the prices of apartments has stopped, and in the capital reduction
2025-05-14 13:27
publication
2025-05-14 13:27
In Warsaw, Poznań and Łódź, the average amounts paid for new apartments were in the first quarter of 2025 lower than a year earlier – according to the data of the National Bank of Poland. In an annual basis, the rates are increasingly striving for stabilization, to which they approached the most in Łódź.
In Warsaw, an average of PLN 16,383/sq m was paid on the primary market for apartments. – by 1.2 percent less than three months earlier. It was the first reduction in the average transaction price in two years. In an annual basis, the rates increased by an average of 3.1 percent.
The average prices of a square meter in Poznań and Łódź, where the decrease in quarterly, amounted to 3.6 percent, respectively. and 2.2 percent In the capital of the province Łódź, the average amount paid for apartments in the first quarter of 2025 was the most similar to the recorded last year. Over the past twelve months, growth was 0.3 percent.
|
Average transaction prices of apartments on the primary market in selected cities – 1st quart. 2025 |
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|---|---|---|---|
|
City |
Average price [w zł/mkw.] |
Change k/k [w proc.] |
Change y/y [w proc.] |
|
Warsaw |
16 383 |
-1,2 |
+3.1 |
|
Cracow |
15 686 |
+1,3 |
+6.6 |
|
Wrocław |
14 257 |
+0.8 |
+11,1 |
|
Łódź |
9781 |
-2,2 |
+0.3 |
|
Poznań |
12 328 |
-3,6 |
+5.2 |
|
Gdańsk |
13 240 |
+1.7 |
+6.9 |
|
Gdynia |
12 907 |
+5.2 |
+7.8 |
|
Source: National Bank of Poland |
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A little further from stabilization are primary markets in the Tri -City, Krakow and above all Wrocław. The average transaction price recorded in the first quarter of 2025 in Gdańsk was 6.9 percent higher. y/y, in Gdynia by 7.8 percent y/y, Krakow by 6.6 percent y/ra in Wrocław by 11.1 percent r/r. However, these are a few percentage points lower results than those we described three months ago.
MKZ based on PAP and NBP data.
