Slovenian home prices continued to skyrocket in 2022

According to the Statistics Bureau, the price of residential real estate rose 15.7% in 2021. This is the highest annual rate of increase since 2007, when a 20.4% increase was recorded. The biggest increase was in new apartment prices, which rose 20.2%.

Prices for pre-owned condominiums were up 18%, prices for pre-owned homes were up 11.9%, and prices for new homes were up 3.1%. The total value of all residential real estate sold last year increased by almost one-third compared to 2020 to € 1.6 billion. A total of 13,440 homes and apartments were sold. This is about 16% higher than the previous year, when Covid-19 had the lowest trading in the last seven years.

In the fourth quarter of 2021, residential real estate prices rose 4.6%, pre-owned apartment prices rose 5.3%, and pre-owned home prices rose 3.3%.

Prices for pre-owned condominiums rose 6.8% quarter-on-quarter in Maribor, but rose 4.5% in Ljubljana. New apartment and home prices were 12.9% higher than in the third quarter, new apartment prices were up 4.9% and new home prices were up 3%.

Total housing and apartment transactions in the previous quarter were € 448 million, an increase of approximately 19% from the previous quarter and 36% from the final quarter of 2020. A total of 3,550 homes and apartments were sold, accounting for about 6%. More than the previous quarter, up 15% year-on-year.

A total of 3,500 pre-owned apartments and homes have been sold for € 430 million. This is an increase of 17% quarterly and 40% annually.

In addition, 96 new homes and apartments were sold for around € 18 million. This is twice the transaction value in the previous quarter, a 20% decrease compared to the final quarter of 2020.

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