<\/span><\/h2>\nMarek Wielgo points out that \u201ctypical\u201d apartment prices are noticeably lower than the average, with the difference mainly driven by the most expensive developments. A calmer and more reliable reference point is the median, or the price at the middle of the market range.<\/p>\n
In May, the median price per square metre stood at PLN 17,700 in Warsaw, PLN 17,200 in the Tri-City, PLN 16,000 in Krak\u00f3w, PLN 14,400 in Wroc\u0142aw, PLN 13,300 in Pozna\u0144, PLN 11,400 in \u0141\u00f3d\u017a and \u201conly\u201d PLN 10,900 in the cities of the G\u00f3rno\u015bl\u0105sko-Zag\u0142\u0119biowska Metropolis.<\/p>\n
\u201cThe more top-tier apartments there are in a given market, the wider the gap between the average and median price. It is no coincidence that Warsaw leads in this respect,\u201d Wielgo comments.<\/p>\n
The median is generally more stable than the average price per square metre. This year, the Tri-City has been the exception.<\/p>\n
For potential buyers, however, it matters not only that they can choose from a larger number of offers. In most metropolitan areas, the number of apartments in the more affordable segment has declined this year.<\/p>\n
For the purposes of this comparison, the popular segment includes apartments priced below PLN 17,000 per square metre in Warsaw, Krak\u00f3w and the Tri-City; below PLN 14,000 in Wroc\u0142aw and Pozna\u0144; and below PLN 11,000 in \u0141\u00f3d\u017a and the cities of the G\u00f3rno\u015bl\u0105sko-Zag\u0142\u0119biowska Metropolis.<\/p>\n
In Warsaw, buyers had around 7,200 apartments available in May priced at up to PLN 17,000 per square metre, 18% fewer than in January. In Krak\u00f3w, the supply of such apartments shrank by 7% to 7,100 units. In the Tri-City, it increased by 2%, although it remained the smallest of the major markets, at 4,100 apartments.<\/p>\n
In Warsaw, \u0141\u00f3d\u017a and the G\u00f3rno\u015bl\u0105sko-Zag\u0142\u0119biowska Metropolis, the number of apartments in the popular segment increased in May. However, only in the latter metropolitan area was the number higher than at the beginning of the year. This helps explain the decline in both the median and average asking price per square metre among apartments offered by developers.<\/p>\n","protected":false},"excerpt":{"rendered":"
New home sales were expected to increase this year, but so far that forecast has been borne out only in Warsaw. Demand has weakened in the other major metropolitan markets. At the same time, buyers do not need to fear a broad increase in prices, as the large supply of available apartments is keeping the […]<\/p>\n","protected":false},"author":1,"featured_media":5638,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","jetpack_publicize_message":"Warsaw is still leading Poland\u2019s new-home market, with sales rising in May and developers bringing nearly 2,000 apartments to market.\r\n\r\nElsewhere, demand has cooled. Sales fell in Krak\u00f3w, Wroc\u0142aw, Pozna\u0144 and the G\u00f3rno\u015bl\u0105sko-Zag\u0142\u0119biowska Metropolis, while high levels of available supply are helping to keep price growth under control.\r\n\r\nFor buyers, the market is offering more choice than many expected \u2014 but the number of apartments in the more affordable segment is shrinking in several cities.\r\n\r\nRead more about the latest trends in Poland\u2019s major residential markets.\r\n#Poland #RealEstate #HousingMarket #Warsaw #Property #NewHomes #Developers","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[1],"tags":[2794,2690,70,73,3327,74,3360,3361,3328,133,82,71],"class_list":["post-5720","post","type-post","status-publish","format-standard","has-post-thumbnail","category-news","tag-confirm","tag-gap","tag-krakow","tag-lodz","tag-marek-wielgo","tag-poznan","tag-rankomat","tag-rankomat-pl","tag-rynekpierwotny-pl","tag-tri-city","tag-warsaw","tag-wroclaw"],"jetpack_publicize_connections":[],"_links":{"self":[{"href":"https:\/\/ceo.com.pl\/en\/wp-json\/wp\/v2\/posts\/5720","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ceo.com.pl\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ceo.com.pl\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ceo.com.pl\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/ceo.com.pl\/en\/wp-json\/wp\/v2\/comments?post=5720"}],"version-history":[{"count":0,"href":"https:\/\/ceo.com.pl\/en\/wp-json\/wp\/v2\/posts\/5720\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ceo.com.pl\/en\/wp-json\/wp\/v2\/media\/5638"}],"wp:attachment":[{"href":"https:\/\/ceo.com.pl\/en\/wp-json\/wp\/v2\/media?parent=5720"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ceo.com.pl\/en\/wp-json\/wp\/v2\/categories?post=5720"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ceo.com.pl\/en\/wp-json\/wp\/v2\/tags?post=5720"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}