Residential property market sees modest growth in June as transaction values surge

The latest figures from the National Statistics Office (NSO) reveal steady activity in Malta’s residential property market during June 2025, with notable increases in the value of transactions despite only marginal growth in the number of deals signed.

A total of 999 final deeds of sale for residential properties were registered in June 2025, representing a modest 2.7 per cent increase when compared to June 2024. However, the total value of these transactions jumped by nearly 20 per cent, reaching €297.3 million.

This increase in value was largely driven by individual buyers (households), who accounted for 88.3 per cent of the deeds signed. Deals involving individual buyers were valued at €224.8 million, equivalent to more than three-quarters of the total transaction value.

Popular locations continue to lead

The highest number of transactions was recorded in the Northern Harbour district, with 283 final deeds of sale, followed by the Northern district at 191. Conversely, the Western and Gozo & Comino districts registered the lowest figures, at 90 and 118 transactions, respectively.

Among localities, San Pawl il-Baħar remained the most active, with 60 registered final deeds of sale, followed by Mosta (55) and Birkirkara (52). Combined, these three areas accounted for 16.7 per cent of all sales in June.

Apartments and garages continued to dominate the market, making up 37.1 per cent and 23.6 per cent of all properties transacted, respectively.

Promise of sale agreements rise slightly

Promise of sale agreements – often seen as an indicator of future market activity – also saw a slight increase. A total of 1,107 such agreements were registered in June 2025, up 2.5 per cent year-on-year. Of these, individual buyers accounted for almost 90 per cent.

Similar to final sales, the Northern Harbour district topped the list with 336 agreements, while San Pawl il-Baħar led at locality level with 89 agreements, followed by Birkirkara (68) and Marsaskala (49).

These figures suggest that Malta’s residential property market remains resilient, with stable transaction volumes and growing values, even as discussions about affordability and regulatory changes continue.

The data offers a snapshot of ongoing demand, particularly in established hotspots, but also signals the need for continued monitoring to gauge the impact of broader economic factors on the market in the months ahead.