Prices of older flats and number of transactions

Number of transactions

Prices of older flats and number of transactions

CBA Commentary
The average transaction price of flats in older buildings in the Czech Republic in Q1 2025 was CZK 70.9 thousand. CZK per sqm. It thus reached 112% this month compared to the average price in 2022, while this ratio for 2024 was 98%. This was with 8,837 transactions in Q1 2025 and an average quarterly 8,302 transactions in 2024 respectively. In Q1 2025, these transaction numbers reached 103% versus Q1-22 and for the full year 2024 they reached 121% versus 2022.
Source of primary data
Flat Zone
Note
Average transaction price per sqm.
The category of "older flats" according to the Flat Zone methodology includes resales (in the client-client relationship; at the time of registration in the land register) built before 1995. Resales of flats built after 1995 fall under the category of "new/refurbished flats".
Category
Real estate prices
Data frequency
Quarterly
Comments
The real estate market in the Czech Republic is reviving
Sales of older and new homes increased by tens of percent during 2023