Real estate market in Grünwald: price increase despite high demand!

Real estate market in Grünwald: price increase despite high demand!

The real estate market in the Munich district, and especially in Grünwald, is currently characterized by strong tensions. When looking for living space, those interested are confronted with rising prices and a manageable supply. Affordable housing remains rare in the region, while noticeable changes are also becoming apparent in the luxury segment. The demand for high-quality real estate, such as luxurious lakeside villas, spacious plots and modern new buildings with smart home technology, remains unbroken. But there is also a clear trend towards prudence among wealthy buyers, including numerous prominent footballers. Investors are acting more cautiously, especially since interest rates shot up in 2021, as merkur.de reports.

There is a lot at stake because sales times for luxury properties have lengthened and buyers are more selective than before when it comes to making large investments. In GRÜNWALD, which offers far more privacy and space compared to urban locations such as Bogenhausen or Nymphenburg, greater attention is paid to the quality of the properties. The local infrastructure with schools, restaurants and sports facilities has proven to be attractive for clients who prefer to live in this idyllic community.

Price development and market conditions

According to current data from Grünwald, property prices are around 3,000 euros per square meter. In comparison, in Nymphenburg between 5,000 and 6,000 euros and in Herzogpark even more than 10,000 euros per square meter are charged. For magnificent single-family homes with very good living value, the price for a house with 200 m² is an impressive 2,546,930 euros, while the smaller properties, such as the 150 m² single-family house, are around 1,924,347 euros, like fischer-immobilien-muenchen.de informed.

A notable trend is the forecast of a slight price increase for 2025, despite the challenges of increased interest rates and high construction costs. The real estate market remains stable, even if new construction activity is severely limited. In addition, the lack of almost new properties (built from 2000) could lead to price increases in the long term. The demographic development estimates that Munich's population will increase to 1.83 million by 2040 and the need for living space will remain correspondingly high, as abendzeitung-muenchen.de reports.

Current development and net offers

Grünwald currently offers a lot of housing, which increases buyers' willingness to negotiate. However, this does not apply to the high-priced segments, where the supply of luxury properties at the same time struggles with whether the seller chooses the right pricing strategy. Political interventions could also influence the rental market; More and more owners are registering their own needs, which reduces the availability of rental properties.

According to the latest figures, property prices in Grünwald are gradually adjusting. For one square meter in a good residential area, providers charge around 9,261 euros, while the average prices for residential properties are between 8,232 and 9,261 euros per square meter. Houses vary in price per square meter from 7,871 to 9,895 euros. Historically, Grünwald was originally a farming village, but has developed into a sought-after address for the wealthy, partly because of its connection to Munich.

For many people, the search for real estate is currently a balancing act between budget and expectations. Many interested parties have to deal with unrenovated properties from the 1960s, which are putting the market in this segment under pressure. In such a challenging environment, a good hand when choosing a property or making an investment decision becomes particularly important.