Annual HPI growth
2026 Q1
City intelligence / Sofia
Sofia property market
Official price and transaction evidence for assessing Bulgaria's largest city market before narrowing the search to a district, development or property.
Three-year HPI growth
To 2026 Q1
Transaction count
Annual change, 2026 Q1
Transaction value
Annual change, 2026 Q1
Market reading
Strong price growth, with transaction value holding up better than volume
Sofia's House Price Index increased by 16.0% in the year to 2026 Q1, 1.2 percentage points above the national result. Its three-year increase was 56.4%, second only to Varna among the six published city markets. This establishes a strong recent price trend, but it does not establish the price level of a particular part of Sofia.
Transaction count fell by 19.2% year on year, while aggregate transaction value fell by 7.0%. The difference suggests that the deals which did complete were weighted towards higher values than a year earlier. It could reflect property mix, price movement or both. The official totals do not allow those explanations to be separated.
What the comparison changes
Sofia combines stronger annual price growth with less severe transaction weakness than Varna or Burgas, although activity was still lower than a year earlier. A buyer therefore needs more than a city-wide growth figure. District, property type, access, building quality and the depth of comparable evidence are likely to determine whether an asking price is plausible.
How Sofia compares
IndicatorSofiaBulgaria
Annual HPI growth+16.0%+14.8%
Annual transaction-count change-19.2%-18.5%
Annual transaction-value change-7.0%-5.0%
All values refer to total dwellings and the latest comparable period, 2026 Q1. HPI measures price movement rather than an average price or EUR/m2.
Questions to take into a Sofia search
- Which districts fit the intended use, commuting pattern and likely holding period?
- Is the asking price supported by genuinely comparable properties in the same micro-location and building type?
- How do new-build and resale options differ in completion risk, specification and ongoing costs?
- What transport, parking, air-quality and planned-development issues affect the particular location?
- If rental income matters, what tenant segment is realistic and what evidence supports likely occupancy?
- Which seller or agent claims require independent legal, technical or valuation work?
Continue
Compare Sofia before narrowing the search
Review the six-city comparison, the national market snapshot or the public buyer briefing.