10.3 C
London
Wednesday, November 6, 2024

These are the prices of apartments in Poland. The real estate market is stabilizing – data for September 2024

Must read

- Advertisement -


In September this year, average apartment prices increased in 9 out of 16 largest Polish cities – according to the Apartment Price Barometer published by the website paƂofert.pl. According to experts, prices on the real estate market are stable and the changes result mainly from changes in the structure of the offer.

“New projects introduced to the market by developers in September have increased the average prices per square meter of new apartments in most cities in Poland. The largest increase in the average price was recorded in Kielce (+7.0%), KrakĂłw (+4.3%), WrocƂaw (+2.1%), Gdynia (+0.9%) and PoznaƄ (+0.2%). ), where projects in more expensive locations were put on sale,” the report said.

“It was similar in large agglomerations – KrakĂłw (excluding KrakĂłw: +2.5%), Tricity (excluding Tricity: +1.5%) and Silesia (excluding Katowice, ChorzĂłw, Gliwice and other cities with county rights: +1 “0 percent),” analysts add.

In turn, price increases in ToruƄ (+1.0%) and in Bydgoszcz (+0.3%) – as it was added – were caused by the fact that cheaper apartments were sold, i.e. the average price per square meter of the entire offer – excluding those sold cheaper premises – increased.

- Advertisement -

Stabilization on the real estate market

In Szczecin, Radom and in the PoznaƄ (except PoznaƄ) and WrocƂaw (except WrocƂaw) agglomerations, the average price of a square meter of an apartment almost did not change (changes within 0.1%).

“In Lublin (-1.4%), ƁódĆș (-1.1%), RzeszĂłw (- 0.9%), GdaƄsk (- 0.6%) and in the Warsaw agglomeration (- 0.2 percent excluding Warsaw) where a decline in the average price per square meter was recorded, the main reason for this decline was the new offer at lower prices,” it was written.

– The general conclusion is therefore as follows: prices are stable, and changes result almost exclusively from changes in the structure of the offer – said Robert Chojnacki, founder of the website Tabaofert .pl.

He added that there are no price drops on the horizonand new investments just introduced to the market are generally more expensive than the offer already available.

The portal's data shows that the nominally most expensive city is currently Warsaw, where the average price per square meter is PLN 17,122/sq m, then KrakĂłw 16,550/sq m. and GdaƄsk PLN 14,603/sq m, a the cheapest of the analyzed cities is Radom – PLN 8,649/sq m.

Main photo source: Shutterstock



Source link

More articles

- Advertisement -

Latest article