BERLIN, the real estate market in Germany

There are limited offers, prices continue to rise.

During the 10th growth of the Berlin real estate market, the following can be noted: Berlin is in greater demand than ever, as the potential of real estate in Berlin lies in achievable profitability and long-term price growth.

200% increase in the value of residential real estate over 10 years.

- 1,700 euros – 10 years ago, the average price per square meter

- 5000 euros and above – today for secondary resale

- 200% profit

An increase in demand, a reduction in supply.

The increasing demand is no longer able to satisfy the proportionally decreasing supply.

According to the Berlin Evaluation Commission, we are seeing a decrease in apartment sales:

24,600 purchase and sale agreements – 2015

18,500 purchase and sale agreements – 2019

17,500 purchase and sale agreements – 2020

Quelle: https://guthmann.estate/de/marktreport/berlin/

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