Berlin Real Estate Market Report, Status 12.06.2024

Does the recent 0.25 basis point cut in the ECB's key interest rate signal a new price cycle in the Berlin real estate market? GUTHMANN® suggests it’s not the expected trend reversal, but it does offer a fresh start. It remains unclear how banks will react to this ECB move and its impact on interest rates. As of 12.06.2024 , the development over twelve months is -2.40 % percent. The shorter the observation period, the flatter the price decline. Over a three-month period, we even measure a small increase of 1.70 %. In the rental market, asking rents have developed by about 7.60 % over 12 months.

Apartment Building Report Berlin 2024

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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
+1.20 % 6,210 EUR/m²
-6.20 % 10,230 EUR/m²
Friedrichshain
-2.90 % 5,950 EUR/m²
+0.40 % 9,250 EUR/m²
Köpenick
-0.20 % 4,840 EUR/m²
-6.90 % 7,280 EUR/m²
Kreuzberg
-7.80 % 6,420 EUR/m²
-3.80 % 10,150 EUR/m²
Lichtenberg
-0.70 % 4,590 EUR/m²
+8.90 % 7,100 EUR/m²
Marzahn-Hellersdorf
-15.50 % 3,720 EUR/m²
+1.20 % 5,300 EUR/m²
Mitte
-3.10 % 8,180 EUR/m²
+7.70 % 13,450 EUR/m²
Moabit
+3.40 % 5,300 EUR/m²
+3.00 % 9,290 EUR/m²
Neukölln
-7.60 % 4,600 EUR/m²
+12.10 % 8,670 EUR/m²
Pankow
-5.70 % 4,720 EUR/m²
-7.40 % 6,990 EUR/m²
Prenzlauer Berg
-3.80 % 6,760 EUR/m²
-4.00 % 11,000 EUR/m²
Reinickendorf
-3.60 % 4,290 EUR/m²
-6.70 % 7,230 EUR/m²
Schöneberg
+0.20 % 5,870 EUR/m²
+2.10 % 10,320 EUR/m²
Spandau
-5.50 % 3,980 EUR/m²
+7.20 % 6,620 EUR/m²
Steglitz
-0.20 % 4,840 EUR/m²
-3.90 % 7,840 EUR/m²
Tempelhof
+1.10 % 4,420 EUR/m²
+1.10 % 6,530 EUR/m²
Tiergarten
-5.00 % 8,100 EUR/m²
-14.60 % 9,630 EUR/m²
Treptow
-2.30 % 4,170 EUR/m²
+5.00 % 6,680 EUR/m²
Wedding
-4.60 % 4,430 EUR/m²
-2.50 % 7,500 EUR/m²
Weißensee
-8.00 % 4,690 EUR/m²
+0.60 % 8,610 EUR/m²
Wilmersdorf
-1.00 % 6,580 EUR/m²
-10.50 % 10,120 EUR/m²
Zehlendorf
-7.50 % 5,470 EUR/m²
+13.50 % 11,350 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
+11.20 % 19.45 EUR/m²
-6.90 % 26.70 EUR/m²
Friedrichshain
+5.10 % 13.95 EUR/m²
+9.70 % 27.45 EUR/m²
Köpenick
+6.70 % 13.30 EUR/m²
-0.50 % 19.15 EUR/m²
Kreuzberg
+1.60 % 14.45 EUR/m²
+1.50 % 28.35 EUR/m²
Lichtenberg
+10.70 % 12.90 EUR/m²
-7.80 % 20.30 EUR/m²
Marzahn-Hellersdorf
-4.00 % 10.20 EUR/m²
-13.90 % 17.25 EUR/m²
Mitte
+3.50 % 21.80 EUR/m²
-14.70 % 30.80 EUR/m²
Moabit
+6.40 % 14.00 EUR/m²
-29.00 % 26.00 EUR/m²
Neukölln
-1.50 % 10.80 EUR/m²
-2.20 % 22.95 EUR/m²
Pankow
+3.30 % 12.35 EUR/m²
-9.90 % 21.40 EUR/m²
Prenzlauer Berg
-5.90 % 15.75 EUR/m²
-6.00 % 24.95 EUR/m²
Reinickendorf
+1.60 % 11.30 EUR/m²
+6.20 % 21.90 EUR/m²
Schöneberg
+2.40 % 14.60 EUR/m²
-3.50 % 25.60 EUR/m²
Spandau
+8.80 % 11.60 EUR/m²
-11.90 % 16.55 EUR/m²
Steglitz
+6.70 % 14.05 EUR/m²
-18.60 % 21.85 EUR/m²
Tempelhof
+5.80 % 11.30 EUR/m²
+11.30 % 21.00 EUR/m²
Tiergarten
+10.60 % 20.95 EUR/m²
-1.70 % 30.85 EUR/m²
Treptow
+35.10 % 13.50 EUR/m²
+15.00 % 21.55 EUR/m²
Wedding
+9.70 % 12.70 EUR/m²
-4.80 % 25.45 EUR/m²
Weißensee
+6.40 % 14.15 EUR/m²
-27.30 % 22.75 EUR/m²
Wilmersdorf
+3.90 % 18.35 EUR/m²
-18.50 % 26.25 EUR/m²
Zehlendorf
+4.90 % 15.00 EUR/m²
-37.80 % 20.50 EUR/m²

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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.