Historical record on the apartment market. Warsaw is beating records

A historic record was fallen on the Warsaw real estate market. At the end of the first quarter of 2025, the number of apartments sales reached 28.8 thousand. – It’s as much as 47.5 percent more than in the same period a year earlier. The data comes from OTODOM and OLX services, and their aggregate form is available on the OLXDATA.Azurewebsites.net website. The capital was responsible for over a quarter of all offers available on the seven largest housing markets in the country.

Records on the apartment market

At the beginning of the year, the total number of apartments put up for sale in Warsaw, Krakow, Wrocław, Gdańsk, Poznań, Łódź and Katowice amounted to a total of 103 thousand. This means an increase of 38 percent. Relative to the same period of 2024 in Warsaw alone from November 2023, when the offer fell below 14,000, the number of ads increased almost without interruption.

Not only the capital recorded the record. In Krakow, in the last days of March, almost 18 thousand were available. apartments – it is 64.8 percent more than a year ago. Gdańsk also achieved the highest level of offers in history, exceeding 11.5 thousand. ads.

Wrocław, with a result of 16.7 thousand offers, took third place. Although, compared to December 2024, there was a decrease of 2.5 thousand. ads, in an annual basis, there is still a clear increase.

Poznań, Łódź and Gdańsk exceeded the threshold of 10,000 active offers. Increases ranged from 23 to 35 percent. Katowice was the only city in this group noted a slight change – the number of offers increased there by only 7.2 percent.

Increase in supply

Among other things, the effect of “reflection” after a period of limited availability of apartments, which took place after the launch of the “Safe loan 2 percent” program, is responsible for the increase in the supply. On the other hand, developers report a decrease in sales. According to Bankier.pl data, in the first quarter of 2025 they sold 3888 premises, i.e. by 12 percent. less than a year ago.

According to experts, the lack of new support programs, high interest rates on loans and a slowdown in salary growth affect poor demand. At the same time, the number of newly devoted apartments and started construction also decreases, which can affect the further growth of supply.