March brought a clear revival in Poland’s secondary housing market, according to an analysis by GetHome.pl. A significantly higher number of listings disappeared from property portals compared with previous months, yet despite limited supply, the average price per square metre of existing homes remained stable in most major cities.
“The secondary market is seasonal, but we haven’t seen such a sharp increase in buyer activity in March for a long time,” said Marek Wielgo, an expert at GetHome.pl.
Data from the real estate search engine Adradar shows that around 35,500 housing listings disappeared from property portals in March—20% more than in February and as much as 61% more than in January. While some listings may have been withdrawn by owners for reasons unrelated to sales, the scale of the decline suggests that demand for second-hand apartments accelerated significantly in the spring.
According to Wielgo, several factors contributed to the surge in buyer activity. On the one hand, access to mortgage financing improved. On the other, concerns emerged that financing conditions could worsen in the coming months. As a result, many buyers decided not to delay purchasing a home any longer.
Importantly, sellers also became more active in March. Approximately 35,500 new listings of second-hand apartments entered the market—22% more than a month earlier. This indicates that supply also saw a noticeable rebound, although it still falls far short of the boom observed in previous years.
Despite the increase in new listings, the total supply of existing homes remains significantly lower than a year ago. At the end of March, there were around 141,000 unique listings available nationwide—almost the same as in February, but about 19% fewer than in March 2025.
One of the reasons for the limited supply is strong competition from the primary market. Developers continue to offer a wide selection of new apartments, putting pressure on prices in the secondary segment and dampening sellers’ expectations. For many property owners, current market conditions may not be attractive enough to encourage a sale.
Supply levels also appear stable in major cities. Only in Warsaw did the number of available apartments decline slightly—from 16,100 in February to 16,000 in March, a drop of about 1%. In other metropolitan areas, supply remained virtually unchanged.
In Kraków and the Tricity, buyers could choose from around 8,100 units each. Wrocław offered 7,900 apartments, Łódź 4,900, Poznań 3,600, and Katowice 2,300.
However, in all these cities, supply remains significantly lower than a year ago. The largest drop was recorded in Warsaw, where listings declined by as much as 33%. Substantial decreases were also seen in Wrocław and Kraków (both down 32%), as well as in Łódź (down 28%).
In theory, such a strong increase in demand should drive noticeable price increases. However, March data from GetHome.pl shows that the market response has been highly selective. A clear rise in the average price per square metre of second-hand apartments was recorded in only two metropolitan areas.
In Wrocław, the average price increased by 3% to approximately PLN 14,200 per square metre, while in the Tricity area it rose by 1% to PLN 16,800. In other cities, prices remained stable. In Warsaw, the average price stood at around PLN 18,000 per square metre, in Kraków PLN 17,000, in Poznań PLN 12,100, in Katowice PLN 11,600, and in Łódź PLN 8,700.
Year-on-year changes are also relatively moderate. In most metropolitan areas, average prices of second-hand apartments are either stable (as in Katowice and Łódź) or lower than a year earlier. Declines were recorded in Kraków and Wrocław, both by around 2%. Meanwhile, prices increased more noticeably in the Tricity area (up 6%) and Poznań (up 4%). Warsaw remains a relatively stable market, with a modest annual increase of about 1%.
The March data shows that demand in the secondary housing market has clearly accelerated, while supply remains constrained. Despite this imbalance, average prices per square metre in most cities have not reacted sharply. A key factor behind this trend is the strong competition from the primary market, which continues to offer a wide range of new apartments.
“In the coming months, it will be the relationship between the pace of sales and the scale of supply—both in the secondary and primary markets—that determines whether the current rebound translates into a more lasting shift in price trends. For now, spring has brought mainly more transactions, not higher prices,” Wielgo concluded.
