Condominiums were the top sellers on the Swiss property market in 2025. This is reflected in the sharp increase in asking prices over the course of the year. Sellers of single-family homes also increasingly entered the market with higher price expectations, albeit to a much more moderate extent. Overall, the annual review shows that low interest rates, impending tax relief and pronounced regional differences are shaping market activity and opening up new prospects for buyers in 2026.
Condominiums dominated the Swiss home market in 2025. Nationwide, asking prices for condominiums rose by 4,2% in 2025, according to an analysis of sales advertisements. The market for single-family homes also saw growth, but at a slightly slower pace, with an increase of 2,6% in 2025. Sellers in this segment anticipated a weaker rise in demand, as shown by the ImmoScout24 Purchase Index in collaboration with the real estate consultancy IAZI.
Larger supply of houses, improved environment for owners
Last year saw a striking development in the supply volume of properties on offer, measured by the adjusted number of advertised properties. For single-family homes, this volume increased noticeably – particularly as more older buildings came onto the market. In contrast, the volume of properties offered for condominiums remained largely constant compared to the previous year. Overall, this property category significantly dominates the market, as around two-thirds of all homes offered are condominiums. Martin Waeber, Managing Director of Real Estate at SMG Swiss Marketplace Group, commented on the residential real estate market in 2025 as follows: “Regardless of the property category, last year further strengthened the attractiveness of home-ownership. Low mortgage rates significantly reduce housing costs compared to renting, and the abolition of the imputed rental value, decided in the autumn, will provide tax relief for many homeowners in the coming years.” Waeber added that this once again confirms the stable value of Swiss residential property in uncertain geopolitical and economic times.
Strong regional differences characterise the market
The differences in regional developments are in some cases more pronounced than the national average – there are wide variations between markets in terms of both price adjustments and price levels. The Greater Zurich area and Central Switzerland are leading the way with high growth rates and have now reached price levels that are around 20 to more than 30% above the Swiss average. In contrast, Ticino and the Swiss Plateau show hardly any price growth and remain around 10 to 25% below the national average.
Condominiums: High momentum
In line with the general rise in prices, condominiums were also expected to see the strongest growth in 2025 at the regional level. As in Switzerland as a whole, Central Switzerland leads the field with a significant price increase of 9,5%. Eastern Switzerland follows with an increase of 6,5%. In the Greater Zurich area, the increase of 4,2% is in line with the Swiss average, while Northwestern Switzerland (+3,6%) and the Lake Geneva region (+3,3%) are slightly below. The Swiss Plateau region saw a much more modest increase of 1,4%, while in Ticino, asking prices for condominiums rose only very tentatively (+0,3%).
Regional housing market: Central Switzerland at the top
In a regional comparison of asking prices for single-family homes, Central Switzerland also stands out significantly. With an annual increase of 7,7%, it has by far the highest rise. It is followed by Eastern Switzerland and the Lake Geneva region, each with an increase of 4,1%, and Northwestern Switzerland with 3,7%. By contrast, asking prices rose at a below-average rate in the Greater Zurich area (+1,4%) and the Swiss Plateau (+0,4%). In Ticino, prices for single-family homes actually fell by 4,6% in 2025 compared with the previous year.
Waeber summarises the residential property market in 2025 as follows: “Overall, the Swiss residential property market in 2025 was extremely robust. While national supply growth remained moderate, regional hotspots and the strong condominium segment ensured continued dynamism. In 2025, sellers of owner-occupied homes continued to find buyers with strong purchasing power, which enabled higher asking prices in many regions.” However, it was not easy to sell properties at higher prices everywhere: In Ticino, asking prices had to be lowered, and outside the major labour market centres and urban areas, a little more patience was required before a sale could be made.
Date 31 December 2025
Purchase offers for single-family homes throughout Switzerland (CHF/m²)
| 01.12.2025 | 31.12.2025 | Change | in % | |
| Month | 7823.4 | 7940.5 | +117.1 | +1.5% |
| 31.12.2024 | 31.12.2025 | Change | in % | |
| Year | 7736.8 | 7940.5 | +203.7 | +2.6% |
Purchase offers for condominiums throughout Switzerland (CHF/m²)
| 01.12.2025 | 31.12.2025 | Change | in % | |
| Month | 9261.9 | 9290.6 | +28.7 | +0.3% |
| 31.12.2024 | 31.12.2025 | Change | in % | |
| Year | 8916.3 | 9290.6 | +374.3 | +4.2% |
Values may show rounding differences.
Media Contact
Sebastian Sinemus
Lead Communications Manager
& Spokesperson Real Estate