Czech residential property prices rose in most segments in Q2 2025

Residential property prices in the Czech Republic increased in most categories during the second quarter of 2025, according to data from the Hypox Semafor analysis published by the Flat Zone real estate portal. Prices for new-build apartments, prefabricated flats, and family houses all rose, while brick apartments showed a mixed trend—declining slightly in Prague but continuing to rise in regional markets.

New developments remained the most expensive segment. The nationwide average price reached CZK 133,650 per square metre in the second quarter, 3.7% higher than in the previous quarter. In Prague, the average was CZK 162,623 per square metre, compared with more than CZK 105,000 in the regions. The number of transactions, however, fell by more than 13% to 5,386, which analysts suggest may reflect affordability challenges or seasonal factors.

Brick apartment prices averaged CZK 76,902 per square metre nationwide, 5.8% lower than in the first quarter. This was largely due to a 7% decline in Prague, where prices averaged CZK 147,418 per square metre. Outside the capital, however, brick apartment prices rose by more than 7%. Transaction volumes in this category grew by 7.1% to 4,262.

Prefabricated flats saw both rising prices and stronger demand. The nationwide average reached CZK 65,781 per square metre, an increase of 6% quarter-on-quarter. In Prague, prefabricated apartments sold for more than CZK 120,000 per square metre, while regional prices averaged CZK 56,483. This category recorded the sharpest rise in activity, with transactions up 11.6% to 5,422, the highest number in the country. Sales were particularly strong in the Ústí nad Labem Region, where prices remain among the lowest in the Czech Republic.

Family houses also became more expensive. The national average price exceeded CZK 6.3 million, up more than 11% from the first quarter. In Prague, prices rose nearly 12% to CZK 19.5 million, while in the regions the average was CZK 5.75 million. Around 6,000 houses changed hands, broadly in line with the first quarter.

The data highlight significant regional differences. The most affordable properties were prefabricated flats in the Ústí nad Labem Region, averaging under CZK 35,000 per square metre. At the other end of the spectrum, new-build apartments in Prague 1 averaged nearly CZK 250,000 per square metre. For single-family homes, Prague remained the most expensive market, while the Vysočina Region was the most affordable, with average prices of CZK 4.2 million.