Real estate price mirror 2025: prices stable, transactions in a decline!

Real estate price mirror 2025: prices stable, transactions in a decline!

Wien, Österreich - On March 25, 2025, Gerald Gollenz, industry spokesman for the Austrian real estate industry, presented the current real estate price level 2025. This valuable tool, which is now published for the 36th time, serves as a foundation for price observation on the Austrian real estate market. According to OTS remains the purchase of real estate in Austria. However, the transaction figures show a decline from 83,000 in 2023 to 69,500 in 2024. This negative development is justified with the KIM regulation and the difficult financing conditions for first-time buyers.

Real estate prices in Austria, especially for new real estate, remain stable, with the exception of unsuccessful stocks that experience a price drop. The average square meter price for condominiums in the first cover is EUR 3,559.21 in 2024, which corresponds to an increase of 2.07%. Terrain houses cost an average of EUR 2,190.57 per square meter (+3.92%) and single -family houses 2,426.38 euros (+1.75%). The price increase for building plots is 2.29%, with an average price of 406.33 euros per square meter.

Development of rental prices

As new rental apartments cost an average of 9.30 euros per square meter when new completion, which corresponds to an increase of 3.03%. Interestingly, rental prices in many locations remain below the inflation rate, which implies a stable rental market for apartments without rent border. In Vienna, the purchase prices for real estate increase continuously. According to Living the rental prices in the non-price-controlled segment have increased by 3.32%.

In Lower Austria, on the other hand, the prices for acquisition are decreasing, while rents in St. Pölten rose by 2.93%. The region around Vienna remains the most expensive area in Lower Austria. Industry experts urgently require immediate measures to stabilize the market, as they believe that price lids do not offer sustainable solutions.

market forecast and trends

The Austrian real estate market shows signs of relaxation after difficult times. At the annual press conference of the International Customer Network Remax, it was reported that 600 brokers surveyed nationwide are based on upward movement for supply, demand and prices. Supply and demand should increase by 5.4% or 5.2%, while prices are only increased by 0.3%.

The price dynamics have changed. Extreme price increases have been slowed down and the price level stabilizes. In cities, up to 5.2% of rental apartments are assumed, while an increase of 2.4% is expected in rural communities. Nevertheless, the range of buying objects remains limited, which gives buyers more and more freedom of negotiation.

The number of real estate transactions in 2024 was around 98,500, which represents a decline of 9.8% compared to the previous year. In the next few years, further price increases in Vienna, Tyrol, Styria, Lower Austria and Burgenland are likely to be observed, while in Salzburg, Vorarlberg, Upper Austria and Carinthia can be expected, especially in Carinthia with a minus of 4.6% for condominiums and 4.7% for single -family houses.