In August 2026, 365 apartment listings in Varna reduced their asking price. This represents 3% of all listings on the market during the month. Reductions accounted for 73% of all reported changes in asking prices for the period. In addition to these, there were also 151 cases of asking price increases registered during the same month.
How many listings reduced their price in August
A total of 365 apartment listings in Varna reduced their asking price in August 2026. This constitutes 3% of all listings on the market during the month. The number of reported reductions is 409, indicating that some listings reduced their price more than once. The share of listings that have reduced their price at least twice over the past year is 33.7%. Among listings that reduced their price, the typical time to first reduction is 32 days.
How large is the typical reduction
The typical reduction — the value below which half of reductions fall and above which half lie (the median) — is 3.9%, or €6,000. The distribution of reductions shows that 31.5% were between 1% and 3%, 29.1% were between 3% and 5%, another 29.1% were between 5% and 10%, and 10.3% of reductions exceeded 10%. These percentages are calculated relative to the price immediately before each reduction.
Which districts had the most frequent reductions over the last three months
Over the last three months, the highest share of listings with reduced asking prices was in Tsveten kvartal, where 13.7% of published listings lowered their prices. This was followed by Lyatno kino Trakiya with 10.8%, Kolhozen pazar with 10.4%, and Levski 1 with 9.5%. In these districts, reductions were more frequent compared to other parts of the city. The largest typical reduction among these districts was observed in Vinitsa, where it was typically 5.5%. Kolhozen pazar also recorded a significant typical reduction of 5.7%. These differences indicate that both frequency and size of reductions vary between different areas of Varna.
| Neighbourhood | Listings with a reduced price | Share of listings | Typical reduction |
|---|---|---|---|
| Vladislav Varnenchik 1 | 80 | 7,4% | -3,5% |
| Briz | 67 | 6% | -4,2% |
| Levski 1 | 63 | 9,5% | -4,6% |
| Asparuhovo | 56 | 6,8% | -5% |
| Cveten Kvartal | 54 | 13,7% | -4,9% |
| Vinica | 54 | 3,6% | -5,5% |
| Kolhozen Pazar | 52 | 10,4% | -5,7% |
| Kaisieva Gradina | 42 | 8,3% | -4,6% |
| Centyr | 39 | 5,1% | -3,7% |
| Lyatno Kino Trakiya | 37 | 10,8% | -3,7% |
How has this changed over the past year
The share of reductions among all changes in asking prices in Varna has increased over recent months. In March 2026 this share was at 56.7%, rising to reach 65.8% in April and then reaching as high as 73% by August 2026. This means that a larger portion of reported changes to asking prices were reductions compared to previous months. For comparison, the national share for August was at 66.8%.
Every change to an asking price — up or down — is detected the same way, so the ratio between them can be compared month to month.
How do we measure this
The data reflect reductions in published asking prices for apartment listings that were on the market during a given month, regardless whether they are still active or have been removed since then. Reductions agreed upon at sale are not included here. A reduction is counted only if it exceeds a change greater than 1% compared to the previous price; initial published prices are not counted as reductions. The monthly series shows the share of reductions among all reported changes to asking prices. Reductions and increases are tracked identically allowing comparison between months. District data cover a rolling three-month period.