Sweden's Ski Resort Property Market Shows Signs of Recovery Post-Pandemic

The real estate market in Sweden's popular ski resorts is showing signs of recovery following the pandemic-induced downturn. Prices for condominiums in these mountain areas have risen by 8 percent over the past year, indicating renewed buyer interest. Despite rising prices, many properties have lingered on the market for extended periods, a factor that market analyst Erik Holmberg from Hemnet sees as advantageous for buyers.

Building permit trends further illustrate this mixed recovery across ski regions. In Sälen, applications for building holiday homes sharply increased from 37 in 2024 to 181 in 2025, reflecting economic improvement and significant investments. Erik Bloemer, head of the environmental and urban planning department in Malung-Sälen, highlighted ongoing infrastructure enhancements, including political plans for a railway to the area. Meanwhile, Åre municipality experienced a modest increase with 61 building permit applications in 2025. Contrastingly, Vemdalsskalet saw a downturn, with only 8 permits granted in 2025, down from 10 the previous year.

Annika Renman, head of environmental and building departments in Bergs and Härjedalen, noted that the market slowdown results from economic conditions and a deliberate pause following intense development during the pandemic peak. She projects a gradual recovery for the building market without an imminent surge.

This nuanced rebound points to a recovering yet cautiously paced revival in Sweden's ski resort property sector, balancing demand, pricing, and sustainable development opportunities.