According to provisional data, apartment prices (in nominal terms) are estimated to have increased on average by 7.7% year-on-year in the third quarter of 2025. In 2024, apartment prices increased at an average annual rate of 9.1% (revised data), compared with an average increase of 13.9% in 2023.
More specifically, in the third quarter of 2025 the year-on-year rate of increase in prices was 6.6% for new apartments (up to 5 years old) and 8.5% for old apartments (over 5 years old). According to revised data, in 2024 prices of new apartments increased on average by 10.2%, against an increase of 12.9% in 2023, whereas prices of old apartments increased by 8.3% in 2024, against an increase of 14.5% in 2023.
Broken down by region, in the third quarter of 2025 apartment prices increased year-on-year by 6.6% in Athens, 9.6% in Thessaloniki, 8.9% in other cities and 8.5% in other areas of Greece. For 2024 as a whole, prices increased on average by 8.5%, 11.7%, 7.5% and 10.9% respectively in the above-mentioned areas (revised data). Finally, as regards all urban areas of the country, in the third quarter of 2025 apartment prices are estimated to have increased on average by 7.7% year-on-year, while for 2024 they increased at an average annual rate of 8.7% (revised data).
