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.

Sebastian Sinemus
Senior Communications Manager Real Estate & Media Spokesperson