Munich: Buying housing is getting easier - price -rendering surprises buyer!

Munich: Buying housing is getting easier - price -rendering surprises buyer!

München, Deutschland - The current developments on the Munich real estate market cause excitement. For the first time in years, something seems to be moving here. Buyers can currently acquire an average of 39 square meters of a condominium for 350,000 euros. That is five square meters more than in 2022, which can certainly be interpreted as positive news for aspiring apartment owners. According to tz there are larger apartments in 2025 in 2025 with the same budget than three years ago.

Real estate prices in Munich also show a slight decline compared to 2022. This falls into a phase in which interest rates for construction finance were noticeably reduced, which opens up additional scope for potential buyers. While Chemnitz offers more living space for the same budget for 32 square meters and Hamburg has risen to 53 square meters, Munich remains Germany's most expensive city.

price development and market development

The picture is not only shaped by falling square meter prices. After three years with a decline in purchase prices, the Munich real estate market shows signs of a trend reversal. According to the real estate association IVD, there has even been a slight increase in prices in recent months. The prices for condominiums in the inventory initially dropped from 9,500 euros per square meter (maximum level 2022) to 7,550 euros, and are now again at 7,700 euros per square meter, so sueddeutsche.de .

Stephan Kippes from the IVD expresses itself optimistically about this development and sees the newly increased prices as a sign of stabilization. This turn could be important for many Munichers who are looking for their own home.

comparison with other cities

If you want to get an overview of the situation in other cities, you will find that Berlin and Frankfurt have also made progress, even though you cannot keep up in Munich. Berlin lost about eleven square meters compared to 2020, Cologne even more - namely 15 square meters. Despite its high prices, Munich remains the most attractive location in the metropolitan region, but the development towards larger apartments for the same money should delight many future buyers.

Overall, it turns out that the Munich real estate market is more active than ever. The mixture of more stable prices, larger living space and falling interest could actually have the potential to lure the next generation of housing buyers into the city.