Czech Real Estate Market in 2025
A recovering real estate market moving at two speeds
The Czech real estate market showed clear signs of recovery in 2025, although with different dynamics depending on the type of property. According to an analysis by the real estate platform Reas.cz, around 54,000 apartments were sold last year, marking a 9% year-on-year increase. By contrast, sales of single-family houses declined slightly to 21,800 units (-1%), as did transactions involving recreational properties such as cottages and chalets (chaty and chalupy), which totaled 2,600 sales (-2%). Despite these differences, average prices rose across all three categories, confirming upward pressure on property values.
Apartments lead the market with rising demand and prices
Apartments continue to be the driving force of the Czech real estate market. In 2025, their average price increased by 8% compared to the previous year, reaching 5 million Czech crowns. Even stronger growth was recorded in prices per square meter, which rose by 12% to an average of 62,000 crowns. According to Michal Makoš, director and co-founder of Reas.cz, the renewed demand is linked to a combination of more stable interest rates, wage growth, and purchasing decisions postponed in previous years. This mix has brought both private buyers and investors back to the market, particularly in areas that until recently were considered more affordable.
Cheaper regions drive the strongest price increases
One of the most notable trends in 2025 was the sharp rise in prices in traditionally cheaper regions. The Ústí nad Labem region recorded the most significant increase in apartment prices, up 18% year on year. For the first time, the average apartment price exceeded two million Czech crowns, while sales rose by around 20%. A similar trend was observed in the Karlovy Vary region, where growing investor interest pushed property values higher. According to Makoš, these areas still offer room for further growth, attracting capital in search of future returns. Notably, in 2025 there was no region in the Czech Republic where apartments were sold at an average price below two million crowns.
Single-family houses: fewer sales, but strong price growth
Single-family houses present a different picture. While sales declined slightly, prices rose significantly. Overall, the average price increased by 12%, reaching 6.6 million Czech crowns. In Prague and several regions – including South Moravia, Central Bohemia, Plzeň, Moravian-Silesian, and Liberec – price increases exceeded 10%. The Liberec region stands out in particular, with prices rising by more than 15% and surpassing six million crowns for the first time. Central Bohemia confirmed its position as the region with the highest number of house sales (4,800), with an average price of 8.1 million Czech crowns.
Cottages and chalets
Cottages and chalets were the only property category to experience an overall slowdown in 2025. Sales fell by 2%, and the average price increased only marginally, by 1%, reaching 2.9 million Czech crowns. According to analysts, this segment is more sensitive to economic uncertainty and changing buyer priorities. As Makoš points out, speculation now plays a smaller role than life decisions: for many families, a single-family house represents a final choice, while high prices in urban centers increasingly force buyers to compromise between location and affordability. As a result, more people are turning to areas near major cities or regions with good transport links: a trend that is likely to strengthen in the coming years.
Source: Ceske noviny
