In the first half of this year, 777 new residential units have been sold in Brno, 26 per cent more than in the same period in 2024, with the average price of new apartments setting a new record, according to the current analysis of Trikaya, which has been monitoring the development of the Brno residential market for a long time.
The Brno residential market continues the established trend of rising prices for new buildings and strong demand, which remains resilient despite slowly falling mortgage rates. The average asking price of new apartments in Brno increased gradually during the second quarter, finally reaching CZK 141,000 per square meter (€5,762) in June.
In the second quarter of 2025, 298 new apartments were sold in Brno, which represents a decrease of 38 per cent compared to the very strong first quarter. Nevertheless, the overall half-year result of 777 apartments sold exceeded last year's half-year by almost 160 units.
Market activity was quite uneven in the second half of this year. While April brought 85 apartments sold and became the weakest month of the year, June brought a partial recovery with 112 apartments sold.
At the end of June, Trikaya registered a total of 1,401 new apartments for sale on the Brno market. The supply structure remains stable in the long term, with the Brno market dominated by smaller layouts, which together account for more than 70 per cent of all new apartments on offer and in completed sales.
This trend is closely related to the ongoing rise in real estate prices. Although larger apartments offer a lower price per sqm, their total purchase value often exceeds the financial capabilities of many potential clients.
Although mortgage interest rates have stabilised compared to previous years and the market has gradually adapted to their current level of 4.5 per cent, the situation on the Czech housing market remains complicated. A key obstacle to further development remains the lengthy construction process, which significantly hinders the construction of new projects.
