Home prices in Slovenia up

Home prices in Slovenia up

Business

Home prices in Slovenia rose for the tenth consecutive year in 2024, going up by 8.5% as the number of transactions declined reflecting tight supply on the market.

At the national level, new apartments in residential buildings saw the sharpest increase, rising by 10.2%, CE Report quotes The Slovenia Times.

Used houses followed with a rise of around 10%, and second-hand flats, the largest category of residential real estate, were 7.3% more expensive on average.

There were however significant regional differences.

In the capital Ljubljana and in Maribor, Slovenia's second largest city, used apartments were up by less than 5% compared to a more than 7% rise for the rest of Slovenia.

New houses were just 2% costlier nationwide.

The total value of residential properties sold was down by 14.7% to €1.3 billion, as was the number of transactions.

After 10,300 flats and houses got a new owner in 2023, the figure dropped by more than a fifth last year, to 8,124. In Ljubljana, sales of second-hand flats fell by about 10%.

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