Berlin Real Estate Market Report, Status 01.12.2023

The Berlin real estate market shows a differentiated, location-specific dynamics in a challenging environment. In 18 Berlin districts, we measure price corrections, in 4 districts slight increases.

The new construction sector continues to face financial bottlenecks. The offering prices for existing apartments remain just below the level of the previous year. As of 01.12.2023 , the development is at -1.30 % compared to the same period last year. Currently, an existing apartment in Berlin costs around 5,430 EUR/m². Detailed insights in our real estate market reports for Berlin and all 22 old districts.

Apartment Building Report Berlin 2023

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Market barometer

Median asking prices and asking rents at a glance. Deviation in percent compared to the same period of the previous year. Clicking on a line will take you to the district reports.

  • Prices
  • Rents
District Existing properties 12 month price development Existing properties Median offer price New properties 12 month price development New properties Median offer price
Charlottenburg
+2.40 % 6,150 EUR/m²
-12.10 % 9,720 EUR/m²
Friedrichshain
+2.60 % 5,970 EUR/m²
-2.60 % 9,170 EUR/m²
Köpenick
-0.80 % 4,800 EUR/m²
-9.70 % 7,040 EUR/m²
Kreuzberg
-1.80 % 6,880 EUR/m²
+7.80 % 10,780 EUR/m²
Lichtenberg
-4.90 % 4,470 EUR/m²
+2.00 % 6,710 EUR/m²
Marzahn-Hellersdorf
-2.20 % 4,120 EUR/m²
-9.00 % 5,020 EUR/m²
Mitte
-8.10 % 8,220 EUR/m²
-19.60 % 10,450 EUR/m²
Moabit
+1.50 % 5,400 EUR/m²
-14.50 % 9,030 EUR/m²
Neukölln
-5.60 % 4,580 EUR/m²
-17.30 % 7,030 EUR/m²
Pankow
-4.80 % 4,820 EUR/m²
-3.40 % 7,330 EUR/m²
Prenzlauer Berg
-1.80 % 6,800 EUR/m²
-12.10 % 9,990 EUR/m²
Reinickendorf
-4.40 % 4,170 EUR/m²
-1.20 % 7,110 EUR/m²
Schöneberg
-3.20 % 5,750 EUR/m²
+0.10 % 10,500 EUR/m²
Spandau
-6.90 % 3,780 EUR/m²
+5.30 % 6,450 EUR/m²
Steglitz
-1.20 % 4,930 EUR/m²
-7.40 % 7,580 EUR/m²
Tempelhof
-0.40 % 4,430 EUR/m²
-5.10 % 6,340 EUR/m²
Tiergarten
+6.20 % 8,080 EUR/m²
-15.10 % 10,000 EUR/m²
Treptow
-4.00 % 4,150 EUR/m²
-5.50 % 6,220 EUR/m²
Wedding
-0.70 % 4,600 EUR/m²
-4.90 % 7,400 EUR/m²
Weißensee
-3.50 % 4,900 EUR/m²
-2.70 % 8,460 EUR/m²
Wilmersdorf
-4.70 % 6,440 EUR/m²
+6.60 % 10,380 EUR/m²
Zehlendorf
-8.70 % 5,570 EUR/m²
+7.20 % 9,890 EUR/m²
District Existing properties 12 month price development Existing properties Median offer price New properties 12 month price development New properties Median offer price
Charlottenburg
+1.20 % 14.35 EUR/m²
+9.70 % 30.70 EUR/m²
Friedrichshain
+11.60 % 14.15 EUR/m²
+8.30 % 27.20 EUR/m²
Köpenick
+18.40 % 13.40 EUR/m²
+81.20 % 33.55 EUR/m²
Kreuzberg
+0.50 % 12.50 EUR/m²
+3.10 % 25.80 EUR/m²
Lichtenberg
+15.00 % 13.45 EUR/m²
+5.20 % 19.75 EUR/m²
Marzahn-Hellersdorf
+6.20 % 10.45 EUR/m²
-7.00 % 18.60 EUR/m²
Mitte
-1.30 % 15.70 EUR/m²
-9.50 % 30.45 EUR/m²
Moabit
-5.10 % 12.90 EUR/m²
+25.70 % 28.35 EUR/m²
Neukölln
+7.10 % 11.45 EUR/m²
+21.10 % 23.25 EUR/m²
Pankow
+1.80 % 12.15 EUR/m²
-2.30 % 23.00 EUR/m²
Prenzlauer Berg
+8.60 % 14.75 EUR/m²
-0.10 % 24.95 EUR/m²
Reinickendorf
+11.70 % 11.60 EUR/m²
+4.50 % 20.10 EUR/m²
Schöneberg
+3.80 % 13.65 EUR/m²
-1.40 % 25.85 EUR/m²
Spandau
+18.80 % 11.15 EUR/m²
-4.40 % 18.05 EUR/m²
Steglitz
+10.10 % 13.60 EUR/m²
+19.20 % 23.90 EUR/m²
Tempelhof
+7.30 % 11.50 EUR/m²
+9.40 % 18.25 EUR/m²
Tiergarten
+8.60 % 15.70 EUR/m²
-2.20 % 30.00 EUR/m²
Treptow
+23.40 % 13.55 EUR/m²
-3.00 % 20.50 EUR/m²
Wedding
+8.20 % 12.25 EUR/m²
+15.20 % 25.60 EUR/m²
Weißensee
+17.40 % 15.00 EUR/m²
+42.00 % 30.15 EUR/m²
Wilmersdorf
+3.20 % 15.50 EUR/m²
+4.60 % 27.65 EUR/m²
Zehlendorf
+5.90 % 14.60 EUR/m²
-26.60 % 28.10 EUR/m²

Berlin real estate services at the highest level.

We flank your real estate activities in Berlin with expert knowledge and the most up-to-date data: Purchase prices and rents, housing deficit, migration, population structure, developments and trends. Since 2006.

Eye-catching and accurate

State of the art presentation of the Berlin housing and real estate market. Clustering according to year of construction classes and apartment sizes. Competitive analyses for freehold and rental apartments. The most accurate picture of market activity in Berlin ever.

Real estate and people

We reveal where the people who demand living space in Berlin come from. We visualize where pressure on the housing market arises or wanes. We show chains of migration, quantify flows and recognize tendencies.

Evolution of the real estate market in Berlin.

We analyse over a long time series how the spectrum of real estate offers in Berlin is developing. We cluster the market into price segments. You can immediately see how supply and demand affect rents and purchase prices. You see, district by district, how local markets develop.