Prague Real Estate Market Update – April 2025
The Prague property market continues its steady pace as we enter the second quarter of 2025. Whether you're looking to invest, relocate, or simply stay informed, here’s a clear snapshot of how both sale and rental markets are performing this month.
Prices Remain Steady, But Growth Continues
While average property prices in Prague remained flat compared to the previous month, the overall trend continues upward. Over the past five months, property values have risen by approximately 3.7%, reflecting consistent demand and limited supply across many parts of the city.
Prague Property Prices – Month-by-MonthMonthAverage Price per m² (CZK)Nov 2024142,268,-Dec 2024143,936,-Jan 2025145,632,-Feb 2025147,458,-Mar 2025147,514,-
On a year-over-year basis, the numbers are even more significant. Compared to March 2024, Prague property prices have increased by nearly 11%. This sustained growth highlights the resilience of the market and continued interest from both local and international buyers.
Prague Property Prices – Year-over-YearMonthAverage Price per m² (CZK)March 2024132,907,-March 2025147,514,-
Inventory Sees a Modest Increase
In terms of supply, we’ve observed a slight uptick in available listings. Around 200 additional apartments entered the market over the past month. While this increase provides more options for buyers, it has not been substantial enough to impact pricing trends in any meaningful way. The market still remains competitive, especially for well-located and appropriately priced properties.
Prague Inventory – Month-by-MonthMonthListed ApartmentsNov 20245,851Dec 20245,237Jan 20255,233Feb 20255,154Mar 20255,356
Rental Prices Hold Steady – With Long-Term Growth
Rental prices have shown remarkable stability in recent months. Over the past five months, average rental rates in Prague have neither increased nor decreased significantly, providing consistency for tenants and landlords alike.
Prague Rents – Month-by-MonthMonthAverage Rent per m² (CZK)Nov 2024439,-Dec 2024446,-Jan 2025446,-Feb 2025445,-Mar 2025444,-
However, looking at the broader picture, rents have climbed by approximately 4.4% since March of last year. For property owners, this translates into improved rental yields — a welcome trend for those who invested in 2024 or earlier.
Prague Rents – Year-over-YearMonthAverage Rent per m² (CZK)March 2024425,-March 2025444,-
Looking Ahead
Prague's real estate market continues to demonstrate solid fundamentals, with moderate growth, steady rental income, and sustained demand from both local and foreign buyers. While short-term fluctuations are minimal, long-term indicators remain positive for those considering buying or investing.
We’ll continue monitoring the trends and sharing regular updates to help you stay informed. Be sure to check back next month for our May 2025 market update.
Disclaimer: All listed prices reflect asking prices on the open market. Actual transaction prices may vary; however, they generally follow the same trend and do not significantly impact the stated percentage increases or decreases.
