In real estate, waiting can cost you time and money. Whether you’re selling or buying.
But that doesn’t mean the right time is always right now.
The right time isn’t a date on the calendar. It’s when the numbers, the property and your own situation all make sense.
Waiting isn’t a neutral decision
The market keeps moving.
In June 2026, the Czech National Bank described rising residential property prices in Czechia. National trends alone, however, do not tell us what a particular apartment in Prague could sell for today. (ČNB)
On 9 October 2026, E15 reported growing supply and modest price declines in Prague’s resale apartment market. Experts cited saw more room to negotiate, particularly for properties in poorer condition. The article does not establish a market-wide fall in prices. (E15)
For an individual decision, I therefore look at comparable properties currently for sale and how buyers respond. What made sense a few months ago may no longer reflect today’s conditions.
Sometimes it’s better not to rush.
The asking price isn’t the sale price
One of the most common mistakes is judging a property’s value only by what similar apartments or houses are currently listed for.
The price in an advert tells you what the seller hopes to get. It doesn’t tell you what the property will actually sell for.
That’s why, when planning a sale, I look beyond competing listings. I also consider the location, the property’s condition and individual features, changes in supply and available data on completed transactions.
The Czech cadastral office (ČÚZK) provides access to recorded property sale prices. When comparing them, we need to check exactly what each transaction included and whether the properties are genuinely comparable. (ČÚZK)
Pricing isn’t something you set and forget
For me, selling doesn’t end when the listing goes live.
Once a property is on the market, I track the response — interest in the listing, enquiries and viewings, feedback from buyers and changes to competing offers.
If the data tells a different story from what we expected, we need to be ready to adjust the strategy.
The goal isn’t to keep the highest price in an advert. It’s to create the conditions for the best result we can realistically achieve.
So when is the right time?
Sometimes it makes sense to sell today. Other times, it’s better to prepare the property first or wait a few months.
Waiting does not automatically save buyers money either. I weigh the purchase price, financing terms, any work needed and whether the property meets the buyer’s needs. The prospect of a discount or a lower interest rate is not enough on its own.
So I wouldn’t base the decision on this question:
“Will prices go up or down?”
I’d ask instead:
Because finding the right time in real estate isn’t about guessing.
It’s about weighing things up.