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Single-family homes: Prices are rising again – What buyers need to know now!
Purchase prices for single-family homes in Austria will rise by 2.2% in 2025, while buyers are increasingly turning to existing properties.
Single-family homes: Prices are rising again – What buyers need to know now!
The real estate market in Austria will become increasingly lively in 2025. According to current figures, the purchase price for single-family homes rose by 2.2 percent in the first half of 2025. The typical purchase price is now 337,052 euros, after 329,830 euros in the previous year. This development was accompanied by an increase in sales figures: a third more single-family homes were sold compared to the previous year. This means that the total number of transactions is 3.5 percent above the ten-year average. The Courier reports that buyers are currently increasingly turning to existing properties. Rising construction costs play a crucial role here, making the purchase of land and new buildings less affordable.
What is driving this positive market development? Several factors can be identified. Good interest rates, temporary fee exemptions for land register entries, and inflation-related wage adjustments promote the willingness to buy. A psychological habituation effect is also likely to contribute to buyers becoming more active in the real estate market again despite a previously observed decline in 2023 and 2024. Loud SN These price corrections and economic adjustments have motivated many to invest in real estate.
Market analysis and price trends
Overall, the market shows a wide range of single-family homes compared to the last ten years, but it remains behind the record level of 2024. Transactions rose particularly sharply in the federal states of Vienna and Carinthia. Vienna leads the price ranking, followed by Tyrol, Salzburg, Vorarlberg and Upper Austria courier determines.
An analysis at the district level shows that the price level for real estate varies regionally and is influenced by factors such as living space, floor space and location. The data for these average property prices comes from private household purchases and is continually updated. Those interested can find more detailed information about these values in the area of Statistics Austria.
In conclusion, it can be said: While the prices have fallen in real terms by around 65,640 euros compared to 2023, the market shows through the increasing sales figures and price developments that many buyers sense a good deal. With a sharper eye for existing properties and the current positive conditions, it remains to be seen how the market will continue to develop.