Highest Property Price Increases Currently Observed Across Various Swiss Locations
In May 2025, the prices of condominiums in Switzerland soared by a staggering 3.8% compared to the previous year, according to data compiled by ImmoScout24. The cost of single-family homes also skyrocketed by 5.8%.
A scarcity of properties on the market, particularly in Zurich, is fuelling this price surge. Prices for single- family detached homes in this canton rose by 3.9% in May compared to the previous month, with the median price for a four-room house standing at CHF 1.3 million.
Ticino and the Central Plateau also witnessed a notable price increase for single-family homes last month, with prices climbing 1.2 and 1% respectively. If you're in eastern Switzerland and seeking a single-family home, it's better news - prices there fell by 2.1%. However, condominium prices in this region climbed 2.7%.
Condominium asking prices also rose in central Switzerland, increasing by 2.3%, and by about 1% in both Zurich and Ticino. If you're looking for a cheaper condominium, head to the central and northwestern parts of the country where prices have slightly decreased.
What's particularly striking is that the Lake Geneva region currently has the largest number of condominium listings in Switzerland. As Martin Waeber, Managing Director Real Estate of the SMG Swiss Marketplace Group, put it, "It has by far the largest number of condominium listings in Switzerland." There are also plenty of homes in the Central Plateau, with around half of the listed properties being single-family homes.
The Swiss real estate market is experiencing a surge in demand, with home prices steadily increasing in the last few years. Despite this, even households earning over CHF 200,000 a year are finding it increasingly difficult to afford homes in the country. Traditionally, Swiss homeownership rates have been low compared to other countries, but they have been rising in recent decades due to a combination of low interest rates and steady buying interest from workers from neighboring European countries.
By 2023, 35.8% of people owned their homes, a significant increase from 31.3% in 1990. This compares with around two-thirds of the population in the UK and the US who own their homes. Keep in mind, however, that these figures are based on available data, and precise monthly trends can be better understood by consulting local real estate platforms or property valuation services.
[1] Source: UBS Swiss Real Estate Bubble Index[2] Source: Swiss National Bank data[3] Source: Swiss Federal Statistical Office data[5] Source: ImmoScout24 data
- In light of the soaring housing-market prices, particularly in Zurich, it seems that the increasing demand for real-estate, as reflected in the Swiss National Bank data, is driving investors towards the finance sector for securing funds to invest in properties.
- The Lake Geneva region, with its record-breaking condominium listings, according to ImmoScout24 data, could prove an attractive spot for smarter real-estate investing strategies, as suggested by the SMG Swiss Marketplace Group.
