According to CSO data, in 1Q/2025, realised prices of older flats in the Czech Republic rose by 4% quarter-on-quarter, following a 3.6% increase recorded in the previous quarter, which exceeded the average 2.9% growth (as of end-2019). In Prague: 3.5% after 3.5% vs. the average: 2.3%; outside Prague: 4.2% after 3.6% vs. the average: 3. In the Czech Republic, prices of older flats then rose by 15.8% yoy in 1Q/2025, reaching 1.8 times the pre-pandemic 4Q/2019, or 3.2 times the 4Q/2013. These multiples reached 1.6 and 2.6 in Prague and the rest of the country; and 1.9 and 3.4, respectively.
In the past year 2024, the average change in the offer prices of new and older apartments in the Czech Republic was 7.8% yoy (after -3.2% in the previous year), of which 8.4% in Prague (after -2.6%).

CZSO, Flat Zone

Realized prices.
In the case of Flat Zone's data, these are transaction prices for the resale of flats in the client-client relationship at the time of registration in the Land Registry. According to Flat Zone's methodology, the category of "older flats" includes resales of flats built before 1995, while flats built after 1995 fall into the category of "new/refurbished flats". \The data methodology therefore differs, which causes differences in the dynamics and level of the time series, especially in the short term.

Real estate prices

Quarterly

Development of real estate offer prices
Development of realised prices of flats in Prague, %yoy
Prices of flats and houses