Housing prices in the Czech Republic showed limited movement in the fourth quarter of 2025, with quarter-on-quarter values remaining broadly stable despite continued year-on-year growth. According to an analysis by the real estate platform Bezrealitky.cz provided to the Czech News Agency, prices of older apartments, single-family houses and rents increased by more than ten percent compared with the previous year, but changed little compared with the third quarter.
The report attributes the stabilisation partly to the composition of properties on the market. Higher-quality and more expensive units attracted strong demand and were sold more quickly, leaving a larger share of lower-priced or renovation-ready properties in listings. Analysts note that it remains uncertain whether this period of price stagnation will continue into the following quarters.
The average price of older apartments nationwide reached approximately CZK 118,500 per square metre in the fourth quarter. While this represented a double-digit increase compared with the same period a year earlier, the average price was unchanged from the previous quarter. Prague remained the most expensive market, with average prices exceeding CZK 155,000 per square metre and only marginal quarterly growth. Regional differences were more pronounced, with some areas recording moderate increases and others slight declines.
Hendrik Meyer, head of the EEC Group, which includes the Bezrealitky platform, stated that lower or declining asking prices in certain locations were influenced by limited supply and the mix of available properties. In some regions, specific apartment layouts were temporarily scarce, while in others sellers were more willing to negotiate on price.
The analysis also suggests that part of the price stabilisation in the apartment segment may be linked to shifting buyer preferences. Some households have increasingly considered purchasing family houses, where price growth has been slower in recent months. According to Meyer, the widening price gap between flats and older houses has made detached homes, even those requiring renovation, more financially attractive for certain buyers.
Average prices for single-family houses also remained broadly flat compared with the previous quarter, with a national average of roughly CZK 66,000 per square metre. Regional movements varied significantly, with notable declines recorded in the Karlovy Vary and Ústí regions, while selected areas such as Pilsen and Pardubice saw moderate increases.
Rental markets continued to show gradual upward pressure. Nationwide, average monthly rents rose slightly in the fourth quarter, reaching approximately CZK 374 per square metre. Prague recorded the highest rental levels, while regional cities displayed mixed trends, with some markets experiencing modest growth and others slight decreases.
Overall, the data indicate that while annual growth in housing and rental prices remained visible at the end of 2025, short-term momentum slowed, resulting in a period of relative stability rather than continued rapid increases.
Source: CTK