Statistics Service: Housing Prices in Slovenia, with the Exception of Ljubljana, Continue to Grow

On Thursday, 20 June 2019, the Statistic Service of Slovenia published updated data on the real estate market situation for 2018 and the first quarter of 2019.

Photo: Shutterstock/Aritra Ded

According to published information, in the first quarter of 2019, as compared to the fourth quarter of 2018, residential property prices increased by 0.8% and, as compared to the first quarter of 2018 – by 8.4%.

Prices for apartments on the secondary market went up by 1.3% and 8.9%, respectively (except for Ljubljana, where prices fell by 0.5% at the quarter level). Throughout 2018, the country experienced a steady increase in prices for secondary housing (from 0.9% to 3.5% per quarter). Out of the 2,363 transactions concluded in the secondary market, 2,285 fell on the apartments.

The cost of houses on the secondary market decreased by 0.9% at the inter-quarter level but, at the average annual level, it increased by 12.4%.

In the first quarter of 2019 as compared to the same period of 2018, the prices for apartments in the primary market increased by 9% and houses – by 1%. As compared to the fourth quarter of 2018, the prices for apartments in the primary market increased by 6.9%, for houses – by 3.3%.

In average annual terms, in 2018, the cost of residential real estate in the country increased by 9.8%. A slight reduction in price in the fourth quarter of 2018 was recorded only in the segment of apartments in the primary market and new family-type houses (by 0.5% and 0.1%, respectively). In total, 9,423 transactions were concluded, which is 14% less than in the record year of 2017.