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What's happening to property prices across Thailand's major markets? Here are the verified trends based on actual transaction data.
| Segment | 2025 Avg Price | 2026 Forecast | Key Driver |
|---|---|---|---|
| Luxury (15M+) | +2% | +1–3% | Limited new prime supply |
| Mid-range (5–8M) | +3% | +3–5% | Strongest demand segment |
| Budget (under 3M) | +1% | +1–2% | Supply competition |
| New launches | +2% | +2–3% | Developer pricing power |
The mid-range is the sweet spot. Properties priced between 5–8 million THB in good locations (On Nut, Huai Khwang, Thonburi MRT stations) are seeing the strongest demand and fastest price growth.
| Segment | 2025 Avg Price | 2026 Forecast | Key Driver |
|---|---|---|---|
| Luxury villa (20M+) | +5% | +4–6% | International demand, limited supply |
| Mid-range condo (5–10M) | +3% | +3–4% | Steady demand |
| Budget condo (under 3M) | +1% | 0–1% | Oversupply in some areas |
Phuket's luxury segment is decoupling from the mass market. High-end villas and branded residences continue to appreciate, while older budget condos in Patong are stagnant.
| Segment | 2025 Avg Price | 2026 Forecast | Key Driver |
|---|---|---|---|
| Jomtien/Na Jomtien | +4% | +4–6% | EEC development, new luxury |
| City centre | +2% | +2–3% | Steady demand |
| Villa (moo ban) | +3% | +3–4% | Family demand |
Pattaya's Jomtien and Na Jomtien areas are the growth leaders as the EEC infrastructure comes online and luxury developments reshape the coastline.
| Segment | 2025 Avg Price | 2026 Forecast | Key Driver |
|---|---|---|---|
| Nimman/old city | +3% | +3–5% | Digital nomad + investor demand |
| Suburban villa | +2% | +2–3% | Domestic demand |
| Budget condo | +1% | +1–2% | Stable |
Chiang Mai offers the best value of any Thai market. Nimman prices have risen 20–25% over 5 years but from a very low base. Entry prices of 1.5–2.5 million THB for a studio remain accessible.
REVR Data: All price trends above are calculated from verified Land Department transactions on REVR's platform — not agent-reported or developer-advertised prices.