{"id":14684,"date":"2026-10-24T12:00:00","date_gmt":"2026-10-24T10:00:00","guid":{"rendered":"https:\/\/mokkorealestate.pl\/blog\/warsaw-property-market-review-q3-2026-transaction-prices-trends\/"},"modified":"2026-10-24T12:00:00","modified_gmt":"2026-10-24T10:00:00","slug":"warsaw-property-market-review-q3-2026-transaction-prices-trends","status":"publish","type":"post","link":"https:\/\/mokkorealestate.pl\/en\/blog\/warsaw-property-market-review-q3-2026-transaction-prices-trends\/","title":{"rendered":"Warsaw Property Market Review \u2014 Q3 2026: Transaction Prices and Trends"},"content":{"rendered":"<p><!DOCTYPE html><br \/>\n<html lang=\"en\"><br \/>\n<head><br \/>\n<meta charset=\"UTF-8\"><br \/>\n<meta name=\"description\" content=\"NBP transaction price data for Warsaw flats in Q3 2026. We analyse how the primary and secondary markets held up against elevated interest rates and what to expect in Q4.\">\n<link rel=\"canonical\" href=\"https:\/\/mokkorealestate.pl\/en\/blog\/warsaw-property-market-review-q3-2026-transaction-prices-trends\/\">\n<script type=\"application\/ld+json\">\n{\n    \"@context\": \"https:\/\/schema.org\",\n    \"@type\": \"Article\",\n    \"headline\": \"Warsaw Property Market Review \u2014 Q3 2026: Transaction Prices and Trends\",\n    \"description\": \"NBP transaction price data for Warsaw flats in Q3 2026. We analyse how the primary and secondary markets held up against elevated interest rates and what to expect in Q4.\",\n    \"datePublished\": \"2026-10-24\",\n    \"dateModified\": \"2026-10-27\",\n    \"url\": \"https:\/\/mokkorealestate.pl\/en\/blog\/warsaw-property-market-review-q3-2026-transaction-prices-trends\/\",\n    \"inLanguage\": \"en\",\n    \"author\": {\n        \"@type\": \"Organization\",\n        \"name\": \"Mokko Real Estate\",\n        \"url\": \"https:\/\/mokkorealestate.pl\"\n    },\n    \"publisher\": {\n        \"@type\": \"Organization\",\n        \"name\": \"Mokko Real Estate\",\n        \"url\": \"https:\/\/mokkorealestate.pl\"\n    }\n}\n<\/script><br \/>\n<\/head><br \/>\n<body><\/p>\n<article>\n<p>National Bank of Poland data for Q3 2026 confirms that Warsaw&#8217;s property market is stable, though price growth has clearly decelerated. Sellers are holding firm at record levels while buyers are becoming more selective. Below we analyse the key indicators and trends.<\/p>\n<blockquote style=\"background-color:#f9f9f9;padding:15px 20px;border-left:4px solid #153D40;margin:24px 0;\"><p><strong>Key fact:<\/strong> Transaction prices on the Warsaw primary market held above PLN 17,000\/m\u00b2 in Q3 2026 \u2014 showing resilience despite persistently high interest rates.<\/p><\/blockquote>\n<h2>Primary market transaction prices<\/h2>\n<p>According to NBP data the median transaction price for new flats in Warsaw in Q3 2026 held above PLN 17,000\/m\u00b2. A year earlier (Q3 2025) the figure was around PLN 15,800\/m\u00b2, implying year-on-year growth of approximately 7\u20138%. The most expensive new stock is in central districts: \u015ar\u00f3dmie\u015bcie, Wola (new developments along ul. Towarowa) and Mokot\u00f3w (S\u0142u\u017cewiec). The cheapest new projects are in Bia\u0142o\u0142\u0119ka, Ursus and the outer fringes of Ursyn\u00f3w.<\/p>\n<h2>Secondary market prices<\/h2>\n<p>Warsaw&#8217;s secondary market in Q3 2026 showed more price flexibility than the primary market. Asking prices were 5\u20138% above actual transaction prices \u2014 buyers were negotiating successfully. The hardest properties to sell were studio flats on the city&#8217;s outskirts and large flats (over 100 m\u00b2) in older buildings. Properties from the 2010\u20132020 era in good condition and mid-range sizes (50\u201370 m\u00b2) held their value most firmly.<\/p>\n<h2>New supply and developer pipeline<\/h2>\n<p>Warsaw developers launched approximately 4,200 new flats for sale in Q3 2026 \u2014 12% fewer than in the same quarter of the previous year. Caution is driven by persistently high construction costs and uncertainty about the pace of interest rate cuts. Several large projects (including Roma Tower and Spektrum Tower II) were pushed back to 2027. Q4 will see new launches in Wilan\u00f3w, Ursyn\u00f3w and Mokot\u00f3w.<\/p>\n<h2>Demand and time on market<\/h2>\n<p>Average time on market for secondary sales rose to around 90 days (vs. 60 days in Q4 2024). Buyers are more demanding and negotiate more frequently. The fastest-selling stock remains 2\u20133-room flats in the 45\u201365 m\u00b2 range priced up to PLN 800,000 with good transport links. Cash investors are active but more cautious than a year ago.<\/p>\n<h2>Q4 2026 outlook<\/h2>\n<p>Q4 2026 should bring further stabilisation \u2014 without sharp moves up or down. Any interest rate cuts by the Monetary Policy Council (expected by the market in H1 2027) would improve sentiment and borrowing capacity. Until then the Warsaw market remains a buyer&#8217;s market \u2014 negotiation is possible and the choice of properties is broad.<\/p>\n<div style=\"background-color:#153D40;padding:20px 24px;border-bottom:3px solid #0b2224;margin:32px 0;border-radius:4px;\">\n<p style=\"color:#fff;font-size:16px;font-weight:600;margin:0 0 12px;\">Discuss your property plans with an expert<\/p>\n<p><a href=\"https:\/\/mokkorealestate.pl\/consultation\/\" style=\"display:inline-block;background:#fff;color:#153D40;padding:10px 22px;font-weight:700;text-decoration:none;border-radius:3px;\">Book a free consultation<\/a><\/div>\n<\/article>\n<p><\/body><br \/>\n<\/html><\/p>\n","protected":false},"excerpt":{"rendered":"<p>National Bank of Poland data for Q3 2026 confirms that Warsaw&#8217;s property market is stable, though price growth has clearly decelerated. Sellers are holding firm at record levels while buyers are becoming more selective. Below we analyse the key indicators and trends. Key fact: Transaction prices on the Warsaw primary market held above PLN 17,000\/m\u00b2 [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":14283,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[137,1,104],"tags":[],"class_list":["post-14684","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-market-reviews-en","category-bez-kategorii","category-obzory-rynka"],"acf":[],"_links":{"self":[{"href":"https:\/\/mokkorealestate.pl\/en\/wp-json\/wp\/v2\/posts\/14684","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mokkorealestate.pl\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mokkorealestate.pl\/en\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mokkorealestate.pl\/en\/wp-json\/wp\/v2\/comments?post=14684"}],"version-history":[{"count":0,"href":"https:\/\/mokkorealestate.pl\/en\/wp-json\/wp\/v2\/posts\/14684\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mokkorealestate.pl\/en\/wp-json\/wp\/v2\/media\/14283"}],"wp:attachment":[{"href":"https:\/\/mokkorealestate.pl\/en\/wp-json\/wp\/v2\/media?parent=14684"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mokkorealestate.pl\/en\/wp-json\/wp\/v2\/categories?post=14684"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mokkorealestate.pl\/en\/wp-json\/wp\/v2\/tags?post=14684"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}