Real estate prices in Saudi Arabia fell by 0.7% year-on-year in Q4 2025, reversing a 1.3% gain in the previous quarter. This marked the first annual decline since Q4 2020, as residential property prices continued to decline (-2.2% vs -0.9% in Q3) amid lower prices for residential land (-2.4%), apartments (-2.5%), villas (-1.3%), and residential floors (-0.2%). In addition, a sharp slowdown was recorded in both commercial property prices (3.6% vs 6.8%) and the agricultural sector (4.3% vs 15.3%). Among administrative regions, the Hail region posted the steepest annual price decline at 8.9%, while the Eastern region recorded the highest increase at 4%. Elsewhere, the Riyadh region saw a 3% decrease. On a quarterly basis, real estate prices fell by 0.4% in Q4, easing from a 1.1% drop in the previous quarter.