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Slovenia

Slovenia: Housing prices in the 2nd quarter of 2021 again

In the second quarter of 2021, house prices in Slovenia were on average 4.5% higher than in the previous quarter. The number of existing housing transactions was at a record high, while the number of newly constructed housing transactions was the lowest since the second quarter of 2020.

According to the national statistics agency, in the 2nd quarter of 2021, prices of newly built housing (new housing and family homes together) fell by an average of 0.7% over the previous quarter.

Compared to the previous quarter, prices of new family-built homes fell by 8.5% (after rising by 8.6% in the first quarter of 2021). Prices of newly built housing rose by 2.6%.

At the level of Slovenia, in the second quarter of 2021, the prices of existing housing (existing housing and family houses together) increased on average by 4.7% compared to the previous quarter. Existing house prices increased by 5.0% and existing family houses by 4.2%.

Compared to the first quarter of 2021, in the second quarter of 2021, the prices of existing housing in Ljubljana increased the most (by 5.4%), followed by the prices of existing housing in the rest of Slovenia (by 4.1%) and existing dwellings in Maribor (by 3.9%).

In the second quarter of 2021, house prices were on average 9.9% higher annually. Existing housing prices increased the most (by 11.2%), followed by prices of existing family homes (by 9.3%) and newly built housing (by 8.0%). Prices of newly built family homes fell by 2.6%.

In the 2nd quarter of 2021, the total value of housing transactions for all types of housing in Slovenia was 459 million euros. This is 162 million euros more than in the previous quarter when the total value of housing transactions was 297 million euros. This is also the highest total value of housing transactions since we started doing the study. The total number of housing transactions in Slovenia in the second quarter of 2021 was 3,993. This was the highest number after the second quarter of 2017 when the total number of housing transactions was 4,127.

The number of existing housing transactions was in the second quarter of 2021 at a record high. 3,927 existing flats were sold; their value of housing transactions was euro 446 million, which is also the highest value of sales in general.

On the other hand, in the 2nd quarter of 2021, the number of newly constructed housing transactions was low, only 66, which is the lowest after the 2nd quarter of 2020 (55 sales). The value of housing transactions with newly built apartments was 13 million euros. This is 13 million euros less than in the previous quarter.

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