Single-family homes are becoming cheaper, but condominiums are more expensive

06.03.2025

Asking prices for single-family homes fell slightly in February, but anyone wanting to buy a condominium was confronted with rising prices. The trend towards a slowdown in price increases continues in all residential segments.

Anyone who has not yet been able to find a single-family home can benefit from a minimal reduction in asking prices in February: The values published in advertisements have fallen by 0,1%. However, the asking prices of condominiums increased by 0,6% in the same period. This confirms that prices for owner-occupied homes have stabilised at a high level since the summer of 2024. This is shown by the current edition of the Swiss Real Estate Offer Index, which is compiled and published by ImmoScout24 in collaboration with the real estate consultancy IAZI.

A closer look shows that in terms of asking prices for single-family homes, the price spiral has been slowing down for some time now. “Compared to the end of April 2024, prices for newly advertised properties have risen by less than 1% – well below the long-term average of around 3%. This could be an indication that demand is stagnating due to the limited number of buyers,” explains Martin Waeber, Managing Director Real Estate at SMG Swiss Marketplace Group.

However, this trend is less pronounced for condominiums. “With an increase of 2,4% in the same period, the price trend for condominiums is only slightly below the long-term average. One possible explanation for this could be the greater supply combined with slightly more moderate demand,” continues Waeber.

Rents for flats on offer are falling in some regions
In February, rental flats were advertised at 0,5% lower prices on average across the country. However, this varied from region to region. Rental prices fell in Central Switzerland (-1,7%), followed by the greater Zurich region (-0,8%), the Lake Geneva region (-0,5%) and Ticino (-0,5%). In contrast, there were minimal increases in Northwestern Switzerland (+0,2%), Eastern Switzerland (+0,1%) and the Central Plateau (+0,1%).

There is also a potentially positive outlook for tenants without plans to move: As of 4 March 2025, the mortgage reference interest rate will be reduced by 0,25 percentage points to 1,5%. Depending on the initial situation – for example, if the landlord cannot claim any simultaneous cost increases due to higher inflation or generally increased property expenses – this may result in a possible reduction in existing rents. However, the individual situation must be examined carefully before submitting an application.

Date 28. February 2025

Purchase offers for single-family homes throughout Switzerland (CHF/m2)

  01.02.2025 28.02.2025 Change in %
Month 7591.3 7583.6 -7.7 -0.1%
  29.02.2024 28.02.2025 Change in %
Year 7411.1 7583.6 +172.5 +2.3%

 

Purchase offers for condominiums throughout Switzerland (CHF/m2)

  01.02.2025 28.02.2025 Change in %
Month 8834.2 8890.7 +56.5 +0.6%
  29.02.2024 28.02.2025 Change in %
Year 8746.2 8890.7 +144.6 +1.7%

 

Rental offers throughout Switzerland (CHF/m2 pro Jahr)

  01.02.2025 28.02.2025 Change in %
Month 282.7 281.3 -1.4 -0.5%
  29.02.2024 28.02.2025 Change in %
Year 280.1 281.3 +1.2 +0.4%

 The values may contain rounding differences.

Downloads (partly in German)

Sebastian Sinemus
Senior Communications Manager Real Estate & Media Spokesperson

[email protected]
+41 79 819 21 50

Marta Andreoni

Head of Design for Automotive

Introduce yourself and your role at SMG

I’m Marta Andreoni, Head of Design at SMG Automotive. I lead the design and UX writing team shaping AutoScout24 user experience. 

In my role, I wear many hats. My main focus is ensuring we stay true to our vision “simplifying people’s lives and connecting humans through innovative digital platforms” and our brand promise, “make it happen”. I challenge my team to think user-first, push for innovation, ease of use for our customers and make forward-thinking decisions, even within business and technological constraints.

 A big part of my role is supporting each designer’s growth, motivation, and career development. Through one-on-one coaching, mentoring, group work, and projects, I help my colleagues set and achieve their goals while fostering new learning opportunities.

What helps you feel empowered and confident in your role?

If I had to mention one thing I would say “being proactive” has been key to feeling more empowered. I enjoy solving problems, so when issues or opportunities arise, be it in the product, market or the team, I get curious and I proactively investigate the reasons and try to bring inputs to be discussed with others, this makes me feel I can be part of the process or solution and my point of view is going to be taken seriously. My optimism also plays a role, giving me confidence that even the most complex challenges can be solved. 

Besides, having trust from other managers and colleagues makes me feel in a safe environment where I can take ownership on topics I’m passionate about. 

What’s one thing SMG does well in fostering an inclusive workplace? What more can be done to amplify and support different perspectives in the workplace?

In my experience, we strive for balancing top-down and bottom-up inputs, ensuring employees can influence product directions, processes, and culture. People are approachable, and our strong feedback culture helps voices be heard. Across SMG, initiatives like regular People & Culture Surveys, topic guilds, and events in our locations across the world foster open exchange and mutual learning.

That said, I’ve noticed that quieter voices sometimes get less space, or interacting with top management can feel intimidating, especially when giving critical feedback. To make participation more inclusive, we could apply more facilitation and group work techniques like structured turn-taking, written input, and smaller group discussions – ensuring everyone, regardless of confidence level, seniority or personality, feels comfortable contributing. 

Design is often about seeing the world differently. How do unique perspectives contribute to more innovative, inclusive, or impactful design?

Design is about understanding diverse user personas and perspectives to create solutions that truly meet their needs or create new opportunities. I believe in the power of collaboration to shape user experiences – bringing together different disciplines, backgrounds, and lived experiences helps challenge assumptions, uncover blind spots, and drive more inclusive, innovative, and impactful solutions.

Looking back on your career, what’s one lesson or piece of advice you wish you had known earlier as a leader in design?

There are three things no one really prepares you for as a design leader: dealing with constant change, facing failure and handling emotions at work. These topics aren’t talked about much until you face them. I was lucky to learn from others’ experiences, but much of it came through my own.

One thing I wish I had understood earlier is the power of emotional intelligence, my job is no longer about the content and the design, it is about people. Self-awareness, not just of your own emotions, but also how others feel and react, can be the difference between conflict and harmony, frustration and clarity. The more I grow as a leader and designer, the more I realise that design isn’t just about doing the design job, delivering solutions on the market: it’s about navigating people, their emotions, and making change more acceptable and transforming issues into opportunities, both within the organisation and through great products.

 

Fotos vom Management mit und ohne Hintergrundfarbe als ZIP-Datei

Logo zum Download in allen Versionen