How the prices of secondary housing increased in the first half of 2019
How the prices of secondary housing increased in the first half of 2019.
There are no signs of a crisis on the Slovenian real estate market, according to the semi-annual report on the real estate market of Slovenia, the Geodesic Office of the Republic of Slovenia (GURS). “Compared to 2015, when residential real estate prices began to rise, the number of transactions with it in the first half of this year increased by almost 30%, with land plots by almost 50%, with commercial real estate – 35%, and with agricultural and forestry by about 15%, ”the report said.
After accelerated growth in the first half of last year, residential property price growth slowed. And in the first half of 2019, prices for apartments and houses at the national level showed a tendency to stagnation.
Prices for apartments in the country, on average, are approaching record highs in 2008, while house prices are still far behind. Record prices for apartments have already been exceeded only in Ljubljana and its subs, as well as in Kranj, and record prices for houses have not been exceeded anywhere.
Apartments
How the prices of secondary housing increased in Ljubljana. The average price of secondary apartments in Slovenia as a whole in the first half of the year was 1,810 euros per square meter, which is 1.7% more than in the second half of last year.
In Ljubljana, the average price of 1 m2 of secondary housing was 2,780 euros.
The average price in the coastal zone (without Coper) was 2,640 euros, which is more than 7% more than six months ago.
In Koper, the average price was 2 440 euros per square meter, in the vicinity of Ljubljana – 2 180 euros and in Kranj – 2 060 euros. For the first time in Kranj, the average price of 1 m2 has risen above the number of two thousand euros per 1 m2.
Houses
The average price of a house with adjoining land from the secondary market at the national level was almost 20% higher than in the first half of 2015.
For a house with an average area of Slovenia 169 m2 on a large plot of average Slovenian area of 910 m2, the average price is 127,000 euros. The highest prices in Ljubljana, where they averaged about 290,000 euros, while in the outskirts of Ljubljana, the average price of a house approached 200,000 euros. On the Coast (without Koper), the average price was about 264,000 euros.
In the first half of this year, GURS registered more than 17,000 contracts for the sale of real estate worth more than 1.3 billion euros. Most transactions were with residential real estate, followed by commercial real estate, development land, agricultural and forest land, and other real estate.