The cost of apartments in Germany in 2024
Overview of the real estate market in Germany
Germany continues to be one of the most attractive real estate markets in Europe. Apartment prices depend on many factors, including location, size and condition of the property. In this section we provide a general overview of current trends and dynamics of house prices in different regions of Germany.
Berlin
The German capital is known for its dynamic real estate market. The average cost of an apartment in the central areas of Berlin can reach from 6,000 to 10,000 euros per square meter.
Munich
Munich is often called the most expensive city in Germany in terms of housing costs. Here prices can start from 7,000 euros per square meter on average, reaching significantly higher values in more prestigious areas.
Frankfurt
As the financial center of Germany, Frankfurt offers a wide range of housing with prices starting from 5,000 euros per square meter on average.
Factors influencing the cost of apartments
The key factors influencing prices are the economic situation, interest rates, migration flows, as well as political decisions in the field of housing policy. Particular attention in this section is paid to changes in legislation that may affect the availability of housing and the cost of apartments.
Forecasts for the future 2024
Based on current trends, experts predict further development of the
real estate market in Germany. This section discusses possible changes
in apartment prices depending on the economic situation and political
climate in the country.
Cities of Germany |
Preis/ m² New buildings 2024/25 |
Preis/ m² Secondary |
Munich |
12.000€ |
6.500€ |
Berlin |
9.000€ |
6.000€ |
Hamburg |
9.500€ |
4.900€ |
Frankfurt |
7.700€ |
4.700€ |
Dusseldorf |
7.100€ |
4.500€ |
Dortmund |
7.500€ |
4.500€ |
Cologne |
6.500€ |
4.000€ |
Stuttgart |
6.300€ |
3.500€ |