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Vienna real estate market is recovering: sales will explode in 2025!
Vienna will see a strong increase in property sales and moderate price increases in 2025 thanks to better financing conditions.
Vienna real estate market is recovering: sales will explode in 2025!
Something is happening on the real estate market in the heart of Vienna. The large increase in demand and moderate price increases paint a more positive picture for the city than has been the case in recent years. How Exchange Express reports, the trend reversal is being supported by improved financing conditions and increased buyer confidence. After leaving a phase of stagnation behind us, the housing market is showing strong growth in the third quarter of 2025, surprising even experts.
A key reason for this upswing is the interest rate cuts by the European Central Bank (ECB), which are making real estate loans more affordable again. In addition, the KIM regulation, which stipulated strict capital requirements, ended as planned at the end of June, which creates additional leeway. The forecasts for 2025 are optimistic: an increase in demand of 6% for the year as a whole and a price increase of up to 5.5% in central locations are expected. What is particularly pleasing is that the sales figures of 8,500 to 10,500 condominiums are raising high expectations.
Increasing sales figures and market segment recovery
The residential real estate market in Vienna is already showing signs of recovery in the first half of 2025. Loud OTS The transaction volume for condominiums rose by a whopping 45% to 1.35 billion euros, which is, however, 23% below the comparable period in 2022. The number of condo sales increased 39% to 3,645 transactions. Newly built apartments make up a significant part of the market activity and contribute 34% of the transaction volume.
The number of apartment completions in Vienna will reach around 9,400 units in 2025, the lowest level in the last ten years. A slight recovery to around 10,700 units is forecast for 2026, but still below the average from 2022 to 2024. The market for single-family homes and villas is also showing positive developments, with a 42% increase in transaction volume to 207 million euros.
Price trends and rental market
The price trends on the Vienna real estate market make it clear that demand also results from the shortage of newly built apartments. With an average price for apartments in the first half of 2025 of 263,639 euros (previous year: 256,335 euros), the price jump is only moderate. The market for new apartments brings an increase to 7,236 euros per square meter, while existing apartments also do not fall behind at a stable 4,416 euros per square meter.
The situation remains particularly tense in the rental market, with prices increasing by over 5% to an average of 15.87 euros per square meter. This shows that strong demand and limited supply continue to put pressure on rental prices. Experts assume that the market recovery will continue into 2025.
Overall, Vienna is optimistic about the future, despite the challenges. The outlook shows that high demand is met with limited supply, which has benefits for both buyers and sellers. Buyers benefit from better financing conditions, while sellers can get a good deal in the good market conditions.
In summary, the real estate market in Vienna is facing an exciting time full of opportunities. As the Business News forecast, it remains to be seen how the housing shortage will continue, because more new living space is essential to keep prices under control over the long term.