Is the bubble starting?! The number of properties sold fell by 35%, but prices continue to rise

The number of properties sold by entities monitored by the Bank of Albania decreased in the second half of last year. According to the Real Estate Market Performance Survey, the total number of properties sold was 1,273, or 35% less than the number reported at the end of the first half of the year (a total of 1,959 properties sold).

The average number of properties sold by each entity during the second half of 2025 was around 8, down significantly from the average of 11 reported during the first half of 2025.

The ratio of the number of entities that have made sales to the total number of valid responses was reported at 40%. This ratio has gradually declined in the last decade, from a maximum of around 70% estimated in the first half of 2017.

About 37% of sales realized during the second half of 2025 across the entire territory are represented by properties located in the most preferred areas within the city, and this weight is similar to the previous period.

31% of properties sold were properties built in the suburbs, within the city, up from 44% in the previous period, while about 32% of properties were properties built outside the city, up from 21% in the previous six months.

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