Residential real estate in Warsaw in 2020

Residential real estate in Warsaw in 2020

Average offer prices for apartments in Warsaw in March 2020 [zloty/sq. m]

Prices of apartments in Warsaw depending on the number of rooms (per square meter)

1-room apartment-average price of 1 m2 in March 2020 12,644 zlotys

2-room apartment-average price of 1 m2 in March 2020 11,823 zlotys

3-room apartment-average price of 1 m2 in March 2020 10,991 zlotys

4-room apartment-average price of 1 m2 in March 2020 10,893 zlotys

Offers on the real estate market in Warsaw in March 2020

The estimated price per m2 for Warsaw in March 2020 is 11012 zlotys. The price per m2 has increased for Warsaw by 4.9% since the beginning of the year. At the beginning of last month, 1 m2 of housing cost 10,500 zlotys. Since the beginning of the year, the price has increased by 512 zlotys, which gave almost a 5% increase. The average period of validity of a sale offer is 33 days. In the month of March 2020, the number of available offers on the real estate market increased by 80.5% compared to the previous month.

Apartment prices in Warsaw in March 2020

As in 2019, in 2020 the most expensive district of Warsaw is Central Śródmieście; the cheapest is Rembertów. The cost of 1 m2 of an apartment in Sredmestye is 15,105 zlotys, which is 4093 zlotys higher than the city average. The price of 1 m2 of housing in the area of Śródmieście is 37.2% higher than the average price in Warsaw. Zoliborz is in second place among the most expensive areas of Warsaw. Here, the cost of 1 m2 of an apartment is 12,735 zlotys - 1723 zlotys more than the average for the city. The district Will be on the third place. The price for 1m2 of an apartment here is 12,107 zlotys, which is 1,095 zlotys more than the average price of 1 m2 in Warsaw.

In the month of March 2020, the cheapest district in Warsaw is Rembertów. The price for 1 m2 of an apartment in this area is on average 7032 zlotys, which is lower than the average price in the city. In the second place among the cheapest areas is waver with the price of 1 m2 of an apartment in 7400 zlotys. This is 3612 zlotys less than the city average. The third place is taken by The bialolenka district, where 1 m2 of an apartment costs 7782 zlotys.

Streets with the highest prices in Warsaw

Streets with the lowest prices in Warsaw

Real estate prices for some of the other streets of Warsaw

The most popular streets in Warsaw for apartment sales

Currently, there are 54,900 offers of apartments and houses located in 11,176 buildings in Warsaw.

• 1-room apartments (3848 apartments)

• 2-room apartments (17,703 apartments)

• 3-room apartments (19771 apartments)

• 4-room apartments (8,929 apartments)

• 5-ти комнатные (2499 квартир)Также на рынке недвижимости в столице Польши предлагаются апартаменты от 6-ти до 143 комнат. Большинство из них существуют в единичных экземплярах

Most offers in the area of Śródmieście. In turn, the small selection of apartments for sale is the district Rembertow.

The time during which the offer is active on the market is the average number of days that the owner must wait for the apartment to sell. In the month of March 2020, it is 33 days for Warsaw. Compared to last month, the time when supply was active in the market has decreased. In February 2020, it was 97 days. Apartments are sold fastest in the Volya area ( the estimated time of active offer on the market is 18 days). Apartments are sold the longest in the vilanav district, where the average duration of the offer on the market is 74 days.