Flat Zone's data for June 2025 tentatively points to an increase in the average transaction price of new Prague apartments on first sale in the second quarter of 2025 to 164.5 thousand CZK. CZK, which is 3.1% higher compared to the previous quarter. Their year-on-year growth then slowed to 13% after the previous year's 13.9% growth. In 2024, the transaction prices of these new Prague apartments at first sale fell by 0.1% y-o-y. Compared to the beginning of this time series of Flat Zone, i.e. compared to the first quarter of 2023, the first-sale prices of these Prague flats increased by 5.1%, i.e. by approximately 8 thousand EUR. CZK.
Methodologically different CSO data show an increase in Prague's first-sale prices of new flats by 9% compared to the first quarter of 2023.
According to CSO data, in the first quarter of 2025, the realised prices of new first-sale flats in Prague rose by 3.4% quarter-on-quarter after their previous growth of 3.9%. Their dynamics thus surpassed the average quarterly 2% growth recorded since the end of 2019. This resulted in a 12.4% y-o-y growth in realised prices of new apartments in Prague in Q1 2025, while realised prices of older apartments grew by 15.8%. These multiples of realised prices of older flats in Prague reached 1.6 and 2.6 respectively.

CZSO, Flat Zone

Realized prices. New apartments - these are the first sales.
In the case of Flat Zone's data, these are transaction prices for first sales of new flats in the (developer-client) relationship at the time of sale.
In the case of CSO data, it is a weighted average of partial results for Prague.
The methodology of the data is therefore different, 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 older flats
Prices of flats and houses