Return on the real estate market. Housing prices haven’t been like this for a long time

In May, the Tricity was the only metropolis where the average price per square meter of apartments offered by developers increased, while in Warsaw the average price returned below PLN 20,000. zlotys. In the remaining largest cities, prices practically did not change – according to preliminary data from BIG DATA RynekPierwotny.pl.

Warsaw is slowing down slightly after a strong start to the year

The situation on the Warsaw housing market continues to attract the most attention. Since the beginning of 2026, the average offer price of new apartments has increased from almost PLN 18.5 thousand. PLN to almost 20 thousand PLN per square meter, which means an increase of approximately 8%.

However, May brought the first minor correction in months. The average price dropped by approximately PLN 100 and amounted to PLN 19.9 thousand. PLN per square meter.

– This was not the result of reductions in price lists, but changes in the structure of the offer. A large pool of apartments has hit the market, including relatively affordable ones, including: in the Głębocka Vita projects and subsequent stages of Praga Boulevards – comments Marek Wielgo, expert of the RynekPierwotny.pl portal.

Stabilization in the largest cities

A similar trend is also visible in other large metropolises. In Kraków and Wrocław, for the second month in a row, average prices practically did not change and amounted to PLN 17.1 thousand, respectively. PLN and 15.3 thousand PLN per square meter.

However, there was little traffic in Poznań. After previous increases, the average offer price dropped symbolically to PLN 14.2 thousand. PLN per meter, which is about PLN 100 less than a month earlier.

The situation is even calmer in Łódź and the cities of the Upper Silesian-Zagłębie Metropolis. In Łódź, the average price of new apartments has remained at approximately PLN 11,500 since the beginning of the year. PLN per square meter. In turn, in GZM prices remain around PLN 11.2 thousand. PLN per meter, and the market is balancing between stabilization and slight declines.

Tricity is becoming more expensive again

Tricity stood out from other metropolises in May. After several months of relative peace, the average price of apartments there increased by about 1%. – from 17.7 thousand PLN to 17.8 thousand PLN per square meter.

However, RynekPierwotny.pl experts point out that these are still preliminary data and the final results may still change slightly.

Within a year, the differences between the largest housing markets are already clearly visible.

– In Warsaw, the average price per square meter is approximately 10 percent higher. higher than a year ago. In Tricity and Poznań, the increase reaches approximately 6 percent, in Wrocław approximately 4 percent, and in Kraków approximately 3 percent. In turn, in Łódź prices remain practically at the level from last year, while in the cities of the Upper Silesian-Zagłębie Metropolis they are about 1 percent lower. lower than in May 2025 – notes Marek Wielgo.

Developers face more and more competition

According to experts, the current price stabilization is not accidental. The record high supply of apartments and the growing number of units ready for delivery are becoming more and more important.

In some cities, apartments completed or close to completion constitute 20 to 30 percent. the entire offer. Moreover, even 40–50 percent premises currently sold by developers are ready-made apartments or those scheduled for completion in the coming months.

– In practice, this means strong competition on the market. The high availability of apartments reduces the pressure on price increases and favors negotiations, especially in cities with oversupply, such as Łódź or the Upper Silesian-Zagłębie Metropolis, where developers are clearly intensifying their sales activities – sums up Wielgo.