In 2025, 586,600 real estate purchase and sale transactions were concluded in Poland, with a total value of PLN 270.0 billion. This represented increases of 2.3% and 3.7%, respectively, compared with the previous year.
Prices of residential units rose by 4.9% year on year, while compared with 2015 they were 116.8% higher. The only segment that contracted was the number of notarial deeds concerning the sale of residential and commercial units. Even so, prices in this category increased the fastest among the major market segments.
In 2025, the number of purchase and sale transactions reached 586,608, up 2.3% year on year. Their total value amounted to PLN 270.0 billion, up 3.7% year on year. Prices of residential units increased by 4.9% year on year, including 5.7% on the primary market and 4.2% on the secondary market. Since 2015, housing prices have risen by a cumulative 116.8% across the market as a whole.
Notarial Deeds: Growth in Almost All Categories
According to data from the Ministry of Justice, 561,700 notarial deeds covering real estate sale agreements were signed in 2025, 2.9% more than in 2024. The increase covered almost all types of real estate.
The strongest growth, although from a low base, was recorded in the number of deeds concerning the granting of perpetual usufruct by the State Treasury or local government units, combined with the sale of a building. This category increased by 26.0%, to 155 deeds.
Among categories with a significant market share, the fastest growth was recorded in the sale of agricultural real estate, up 10.7%, and the sale of plots developed with buildings used for purposes other than residential, up 8.3%.
The only category to record a decline was the sale of units — the largest item on the list, covering 218,700 deeds, or 38.9% of the total. This segment contracted by 0.6%.
| Type of real estate | Number of deeds in 2025 | Share | Year-on-year change |
|---|---|---|---|
| Sale of units | 218,680 | 38.9% | -0.6% |
| Sale of undeveloped plots | 126,665 | 22.6% | +5.6% |
| Sale of agricultural real estate | 65,684 | 11.7% | +10.7% |
| Sale of plots developed with a residential building | 59,398 | 10.6% | +2.3% |
| Sale of cooperative ownership rights to premises | 42,895 | 7.6% | +0.5% |
| Sale of other real estate | 21,661 | 3.9% | +4.4% |
| Sale of plots developed with buildings used for other purposes | 17,976 | 3.2% | +8.3% |
| Sale of perpetual usufruct rights | 5,072 | 0.9% | +2.6% |
| Sale of real estate to the State Treasury or local government units | 3,532 | 0.6% | +4.6% |
| Granting of perpetual usufruct by the State Treasury or local government units with sale of a building | 155 | 0.03% | +26.0% |
Chart 1. Notarial deeds concerning real estate sales in 2025, by type
Market Structure: Number Versus Value of Transactions
The Real Estate Price Register presents a somewhat different picture of the market than notarial deeds alone, as it also includes the value of concluded transactions.
In 2025, real estate units accounted for 49.3% of the number of transactions and 51.8% of their value. These shares are relatively close because this is a comparatively homogeneous market in terms of pricing.
The situation was different for developed land, including houses and plots with buildings. This category accounted for only 16.0% of the number of transactions, but as much as 28.1% of their value. This means that the average value of such transactions was clearly higher than in other segments.
The opposite pattern was visible in the case of undeveloped land, which accounted for 34.7% of the number of transactions, but only 20.2% of their value.
Chart 2. Share in the number and value of real estate purchase and sale transactions in 2025
Housing Prices: Annual Growth Against the Last 15 Years
Prices of residential units increased by 4.9% year on year in 2025. On the primary market, prices rose by 5.7%, while on the secondary market they increased by 4.2%.
This marked a clear slowdown compared with 2024, when price growth reached 15.0%, including 16.5% on the primary market and 13.4% on the secondary market. That was the highest figure in the entire period analysed since 2011.
Despite the slower pace of growth, prices continued to rise. The cumulative increase since 2015 amounts to 116.8% for the market as a whole, 106.8% on the primary market and as much as 124.0% on the secondary market.
Chart 3. Year-on-year changes in residential unit prices, 2011–2025
Market Geography: Where Housing Dominates and Where Land Leads
The structure of transactions differs significantly between voivodeships. In Dolnośląskie, 62.7% of transactions involved the sale of units. In Pomorskie, the share was 61.8%, in Zachodniopomorskie 54.8%, in Mazowieckie 54.7%, and in Śląskie 54.1%.
These are regions with large urban markets, including Wrocław, the Tricity, Szczecin, Warsaw and the Silesian metropolitan area.
A different profile is visible in four voivodeships where undeveloped land dominates: Podkarpackie, where it accounted for 53.8% of transactions, Lubelskie at 51.2%, Świętokrzyskie at 50.9%, and Podlaskie at 45.1%. These are regions with a higher share of agricultural land and plots located outside major cities.
Chart 4. Structure of real estate purchase and sale transactions by type and voivodeship in 2025
The real estate market grew in 2025, but unevenly. The number of transactions involving units declined slightly, while developed land gained the most in value, rising by 7.9% year on year. This suggests that in 2025 relatively more capital flowed into houses and plots with buildings than into typical apartments.
What This Means for Business
The real estate market grew in 2025 across all areas except the sale of units. This was the only segment to record a decline in the number of transactions, down 0.6% according to notarial deeds and 1.3% according to the Real Estate Price Register. Despite this, it remained the most expensive segment in terms of price per square metre.
The developed land segment, including houses and plots with buildings, is growing more slowly in terms of transaction numbers, but fastest in terms of value, up 7.9% year on year. This points to rising unit prices in this segment, an important signal for developers active in the single-family housing market.
Housing price growth slowed from a record 15.0% in 2024 to 4.9% in 2025. The market appears to be entering a phase of stabilisation after two years of strong increases.
The geography of transactions confirms the division of the country. Large agglomerations such as Wrocław, the Tricity, Warsaw and Silesia are markets dominated by apartments, while eastern and south-eastern voivodeships are dominated by land transactions.
Methodology
Data on notarial deeds come from the Ministry of Justice and cover real estate sale agreements concluded in the form of a notarial deed in 2025.
Data on the number and value of transactions come from the Real Estate Price Register and are preliminary for 2025.
Statistics Poland’s residential unit price indices cover the primary and secondary markets both jointly and separately, in year-on-year terms and in relation to 2015 as the base year.
Source: CEO.com.pl
