Saturday, 23 August 2025
Prices of older family houses in the Czech Republic continued to rise in the second quarter of 2025, increasing by 11 percent year-on-year and by 3 percent compared with the first quarter. According to an analysis by the real estate platform FérMaklér.cz, the average price per square meter reached CZK 42,843. Growth was observed across nearly all major cities, with the sharpest annual increases recorded in Brno and Pilsen at 17 percent, while Olomouc saw the lowest increase at 4 percent. Only the Ústí nad Labem and Ostrava regions registered slight quarter-on-quarter declines, each falling by around 1 percent.
“After the temporary slowdown in the price growth of older houses at the beginning of the year, their prices were set in motion again. Developments in Brno and Pilsen, as well as Ostrava and Hradec Králové, show that there is still higher demand in these localities than the available supply. Prices are going up. Among the quarters, we recorded the highest growth in the South Moravian metropolis,” said Lumír Kunz, Managing Director of FérMaklér.cz.
The analysis highlighted significant price jumps in the country’s two largest cities. In Prague, a 150-square-meter older house cost around CZK 15.7 million in the second quarter, an increase of CZK 1.1 million compared with last year. Quarter-on-quarter growth also accelerated, with prices rising by 5 percent. In Brno, a similar property cost CZK 13.2 million, up from CZK 11.2 million a year earlier, marking a 17 percent annual increase and a 6 percent rise from the previous quarter – the highest among major cities.
Other regional markets also posted strong gains. In Hradec Králové, older family houses rose 15 percent year-on-year, while Ostrava saw prices climb 12 percent despite the slight quarter-on-quarter dip. České Budějovice and Ústí nad Labem recorded annual increases of 7 percent, and Olomouc registered a more modest 4 percent rise.
Beyond family houses, demand for cottages and recreational properties also pushed prices higher. According to Bezrealitky.cz, holiday properties increased by 8.8 percent year-on-year to an average of CZK 3.2 million in the first half of 2025. In premium locations, prices reached as high as CZK 6.4 million, up 12.3 percent from the previous year. Smaller cottages averaged CZK 850,000, slightly down 1.4 percent, while garden cottages in sought-after areas rose to CZK 1.6 million, representing a 3.5 percent annual increase.
The data reflects a continued imbalance between supply and demand in the Czech housing market, particularly in major urban centers where rising demand is driving sustained price growth despite broader economic pressures.
Source: CTK
