In brief

• In Slovakia, the time that apartment listings remain on the market has grown longer only in the Prešov and Košice regions.
• The Prešov region has the lowest wages in the country, and the average gross salary in the second quarter was €1,359.
• Despite lower apartment prices in the Prešov region, the average wage is not enough to buy a square meter.

The east slows down, the rest of the country speeds up

In the Prešov region, apartments stay on the market longer than a year ago, while in most regions the opposite is true. The Prešov and Košice regions are the only two regions where the time apartments remain listed has increased (Realitná kríza a ležiaky? V Bratislave sa naopak predaj bytov zrýchlil. Proti prúdu idú dva veľké regióny – HNonline.sk). The Bratislava region moves in the opposite direction, with sales there picking up pace.

Wages lag behind the national average

The Prešov region has the lowest wages in Slovakia. According to the Statistical Office, the average gross monthly wage in the second quarter of this year was €1,359. That is almost €350 less than the national average. Compared with the Bratislava region, the difference is €653 per month.

Apartments are cheaper, but less affordable

Real estate in the Prešov region is cheaper than in Bratislava. However, even a full average monthly wage in the region is not enough to buy a single square meter.

Prešov as the third-largest city

Prešov is the third-largest city in Slovakia. However, wages in the region do not match this position.