Housing activity picks up in Peristeri

According to data processed by ReDataset, the picture that emerges does not describe a homogeneous market, but rather one increasingly polarized between two distinct property types.

At the core of the supply remain the classic 2- and 3-bedroom apartments, which continue to make up the vast majority of available properties, with listings continuing to grow on an annual basis.

At the same time, newly built properties constructed after 2020 are experiencing strong growth, with their supply rising significantly within just one year. These homes now trade at prices approaching nearly twice those of apartments from the 1960s, reshaping the upper segment of the market.

Data from the company also indicate that properties built in the 1970s continue to dominate the overall stock, and their presence in the market is even strengthening. In contrast, properties from the intermediate decades are gradually declining, signaling a shift in the composition of the available inventory.

Particular attention is drawn to developments in the energy efficiency categories of available properties. Listings with low energy performance are increasing, while the mid-range energy class is declining. This change is gaining importance, as energy rating is becoming an increasingly decisive factor in purchasing decisions.

The trend observed is not merely reflected in rising prices, but in a market restructuring around two distinct housing profiles: the older, more affordable stock that continues to support demand, and the newer, higher-value properties that are pushing overall market pricing upward.

The result is a housing market being redefined not only in terms of prices but also in terms of available inventory, buyer preferences, and its future profile.