Prices of apartments and single-family homes

4.7 % yoy
Total number of apartments
12.3 % yoy
Single-family homes

Comment by the Czech Bar Association

The average transaction price for apartments in the Czech Republic reached CZK 98,000 per square meter in the first quarter of 2026. Specifically, for new apartments sold directly by developers to buyers, the price was CZK 142,900; for nearly new apartments, it was CZK 137,400; while the transaction price for older brick apartments was CZK 85,300 and for prefabricated apartments, CZK 71,000.
The average transaction price for apartments in Prague in this quarter reached CZK 161,400. For new-build apartments sold directly by developers, the price was CZK 179,000, and for older brick-built apartments, it was CZK 144,400.
The average transaction price for a single-family home in the Czech Republic during this period reached CZK 6.4 million per transaction.

Prices of apartments and single-family homes

Apartments: CZK 1,000 per square meter; Single-family homes: CZK 100,000 per transaction

CBA Monitor
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Source of primary data

Flat Zone

Category

Real Estate Prices

Data frequency

quarterly

Note

Average transaction price per square meter.
According to Flat Zone’s methodology, the “new and nearly new apartments” category includes first-time sales of new apartments (in the developer-client relationship; at the time of sale according to the price list) and resales of new apartments (so-called nearly new apartments in a client-to-client relationship; at the time of registration in the real estate cadastre) built since 1995. Apartments built before 1995 fall into the "older apartments" category.

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Comments

This continues to boost activity, although not at the rapid pace seen in 2023-2024.

Higher house prices spark richer debate over central bank macroprudential policy than first appears

Comment by Jaromír Šindel, Chief Economist of the CBA: According to the Czech Statistical Office, realised prices of older flats in the Czech Republic rose by 3.7% quarter-on-quarter in the third quarter, which exceeds income growth for the seventh quarter already and maintains the too brisk annual pace of property prices at around 16%. Higher property prices are also making their way into the CNB's macroprudential capital policy settings, with discussion over the (arguably unscary) possible introduction of a sectoral systemic buffer, as well as less intuitive discussions over the role of investment activity by non-financial corporates in setting the countercyclical capital buffer.

Decline in transaction prices of flats in the second quarter is related to transactions rather than to a fall in prices

Economic commentary by Jaromir Šindel, Chief Economist of the CBA

Growth of new-build and offer prices of flats remains strong in the second quarter

Economic commentary by Jaromir Šindel, Chief Economist of the CBA

Strong home price growth continued with transactions rising in the first quarter, and while May's first-sale prices did not change direction, the decline in transactions did

Economic commentary by Jaromir Šindel, Chief Economist of the CBA