Berlin Real Estate Market Report, Status 12.03.2024

Buy or sell, wait or act. The current Berlin real estate market poses some questions but also offers many opportunities. Recently, mortgage interest rates have fallen and inflation is decreasing. The increase in rents in Berlin compared to the same period last year is approximately 13.90 %, while purchase prices in Berlin have dropped by -3.70 %. As of 12.03.2024 , the average price of an apartment in Berlin was 5,310 EUR/m² EUR/m². Gain detailed insights with our real estate market reports for Berlin and all 22 of its districts.

Apartment Building Report Berlin 2024

When buying and selling your apartment house in Berlin, you can rely on one of the most renowned teams of brokers in the German capital. With us, there is no steamy chatter, but first-class analyses, a solvent network and outstanding results in every sense. We have been setting standards for 15 years. 

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
+2.60 % 6,200 EUR/m²
-9.90 % 9,900 EUR/m²
Friedrichshain
+1.40 % 5,900 EUR/m²
-4.00 % 9,200 EUR/m²
Köpenick
-2.30 % 4,620 EUR/m²
-9.90 % 7,140 EUR/m²
Kreuzberg
-5.70 % 6,540 EUR/m²
-9.70 % 9,840 EUR/m²
Lichtenberg
-1.30 % 4,560 EUR/m²
+1.40 % 6,860 EUR/m²
Marzahn-Hellersdorf
-12.00 % 3,750 EUR/m²
+0.40 % 5,280 EUR/m²
Mitte
-8.40 % 8,080 EUR/m²
-6.70 % 12,120 EUR/m²
Moabit
-4.40 % 5,130 EUR/m²
-14.90 % 8,990 EUR/m²
Neukölln
-6.70 % 4,570 EUR/m²
+16.20 % 8,800 EUR/m²
Pankow
-4.70 % 4,790 EUR/m²
-7.40 % 7,030 EUR/m²
Prenzlauer Berg
-0.60 % 6,650 EUR/m²
-3.40 % 11,460 EUR/m²
Reinickendorf
-2.40 % 4,200 EUR/m²
-1.40 % 7,160 EUR/m²
Schöneberg
-1.40 % 5,750 EUR/m²
+2.40 % 11,150 EUR/m²
Spandau
-2.50 % 3,940 EUR/m²
+0.20 % 6,240 EUR/m²
Steglitz
-1.30 % 4,850 EUR/m²
-7.40 % 7,570 EUR/m²
Tempelhof
-1.90 % 4,360 EUR/m²
-4.80 % 6,350 EUR/m²
Tiergarten
+1.20 % 8,360 EUR/m²
-18.50 % 10,000 EUR/m²
Treptow
-4.00 % 4,170 EUR/m²
-4.10 % 6,170 EUR/m²
Wedding
-5.50 % 4,400 EUR/m²
-3.60 % 7,420 EUR/m²
Weißensee
-3.40 % 4,810 EUR/m²
-3.20 % 8,420 EUR/m²
Wilmersdorf
-1.80 % 6,440 EUR/m²
+4.00 % 10,390 EUR/m²
Zehlendorf
-7.90 % 5,260 EUR/m²
+14.70 % 11,570 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
+18.60 % 18.25 EUR/m²
-8.90 % 27.20 EUR/m²
Friedrichshain
+10.20 % 15.00 EUR/m²
+6.10 % 27.75 EUR/m²
Köpenick
+5.10 % 12.90 EUR/m²
+61.80 % 32.30 EUR/m²
Kreuzberg
+1.60 % 12.85 EUR/m²
-14.10 % 25.00 EUR/m²
Lichtenberg
+14.10 % 13.65 EUR/m²
+0.80 % 20.00 EUR/m²
Marzahn-Hellersdorf
+6.00 % 10.60 EUR/m²
+8.50 % 17.35 EUR/m²
Mitte
+6.30 % 16.90 EUR/m²
-10.50 % 32.70 EUR/m²
Moabit
+18.00 % 15.00 EUR/m²
-28.40 % 26.20 EUR/m²
Neukölln
+17.10 % 13.10 EUR/m²
+7.60 % 21.70 EUR/m²
Pankow
+4.00 % 12.50 EUR/m²
-7.30 % 21.55 EUR/m²
Prenzlauer Berg
+7.90 % 15.00 EUR/m²
-15.20 % 24.45 EUR/m²
Reinickendorf
+16.40 % 12.50 EUR/m²
+8.40 % 22.00 EUR/m²
Schöneberg
+5.80 % 14.00 EUR/m²
-4.80 % 27.10 EUR/m²
Spandau
+12.10 % 10.70 EUR/m²
-1.20 % 18.30 EUR/m²
Steglitz
+9.60 % 14.30 EUR/m²
+7.60 % 22.00 EUR/m²
Tempelhof
+16.50 % 12.45 EUR/m²
+19.80 % 22.90 EUR/m²
Tiergarten
+11.40 % 17.05 EUR/m²
+1.80 % 30.10 EUR/m²
Treptow
+30.30 % 13.70 EUR/m²
+10.40 % 21.55 EUR/m²
Wedding
+13.70 % 12.65 EUR/m²
-10.70 % 24.10 EUR/m²
Weißensee
+6.70 % 15.00 EUR/m²
+80.30 % 39.10 EUR/m²
Wilmersdorf
+4.40 % 15.80 EUR/m²
-10.20 % 26.70 EUR/m²
Zehlendorf
+8.80 % 14.15 EUR/m²
-42.20 % 23.05 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.