18:09 3 October 2023
The average price per square meter of new flats in Warsaw reached PLN 16,000
The average price per square meter of new apartments in Warsaw and Kraków increased by 2% in September compared to August, reaching approximately PLN 16,000 and over PLN 15,000, respectively, as reported by BIG DATA RynekPierwotny.pl.
Experts have observed that in the cases of Krakow, Warsaw, and Tricity, there has been a record increase in the average price per square meter since the financial crisis in 2008. Marek Wielgo, an expert from the RynekPierwotny.pl and GetHome.pl portals, mentioned, "Developers are not only raising apartment prices, but the more affordable options are quickly disappearing from their listings. Consequently, the remaining ones are becoming increasingly expensive."
Łódź, on the other hand, stands out as an oasis of stability among the largest metropolises. Prices in Łódź remained unchanged in September compared to August and increased only by 5% this year.
