Home prices up by 8.5% last year
Home prices in Slovenia rose for the tenth consecutive year in 2024, going up by 8.5% as the number of transactions declined reflecting tight supply on the market.
At the national level, new apartments in residential buildings saw the sharpest increase, rising by 10.2%.
Used houses followed with a rise of around 10%, and second-hand flats, the largest category of residential real estate, were 7.3% more expensive on average.
There were however significant regional differences.
In the capital Ljubljana and in Maribor, Slovenia's second largest city, used apartments were up by less than 5% compared to a more than 7% rise for the rest of Slovenia.
New houses were just 2% costlier nationwide.
The total value of residential properties sold was down by 14.7% to €1.3 billion, as was the number of transactions.
After 10,300 flats and houses got a new owner in 2023, the figure dropped by more than a fifth last year, to 8,124. In Ljubljana, sales of second-hand flats fell by about 10%.