Austria's Luxury Real Estate Market Grows in 2025

Austria's luxury real estate market experienced significant growth in 2025, with a transaction value of 3.36 billion euros. This represents a substantial 17.1% increase compared to the previous year, outperforming the general real estate market's growth of 16.8%. The surge indicates a robust demand for high-end properties across the country.

Across all property types within the luxury segment, gains were observed, with luxury apartments showing particular strength. In total, 2,913 luxury properties were recorded in 2025, a notable rise from 2,454 in 2024. The average price for luxury apartments remained just under the 1 million euro mark, settling at 986,075 euros, a slight increase of 0.5% from the prior year.

However, the market for luxury single-family homes saw a downturn, with average prices dropping by 6.5%. This decline was largely attributed to a significant weakening in the Tyrolean market. The average price for the top 10 single-family homes in Vienna was 7.7 million euros, while in Tyrol it was 7.27 million euros and in Salzburg, 3.65 million euros.

Luxury penthouse apartments also saw a price reduction, averaging 1.92 million euros, a decrease of 7.4% from 2024. The luxury market encompasses various high-value segments, including the 578 most expensive single-family homes, 2,050 most expensive apartments, 91 most expensive penthouses, 62 prime lakefront properties, and 132 waterfront buildings. The total value of undeveloped lakefront properties increased by 9% to 13.12 million euros, while waterfront buildings saw a more substantial rise of 19.5% to 147.44 million euros.