As of January 14, 2025, Berlin's real estate market is exhibiting notable trends
Property Prices:
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Overall Increase: The median asking price for existing properties has risen by 0.80% compared to the same period 2024, reaching approximately €5,380 per square meter.
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New Constructions: Newly built properties have a median asking price of around €8,280 per square meter.
Rental Market:
- Significant Growth: Asking rents have surged by about 17% year-over-year, indicating sustained demand and limited supply in the rental sector.
District Variations:
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Mitte: In the central district of Mitte, existing property prices average €8,170 per square meter, with new constructions at approximately €12,710 per square meter.
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Lichtenberg: This district has seen a 1.40% decrease in existing property prices over the past year, with current median prices around €4,500 per square meter.
Market Dynamics:
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Stabilization: After a period of price corrections, the Berlin real estate market is showing signs of stabilization, with modest price increases in several districts.
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Investment Opportunities: The combination of rising rents and relatively stable purchase prices presents attractive conditions for investors seeking long-term value appreciation.