Property market Teltow-Fläming: Low point of sales reached!

Property market Teltow-Fläming: Low point of sales reached!

Dahme-Spreewald, Deutschland - The property market in Teltow-Fläming is firmly in a crisis. As maz-online.de reported its own committee of the district Published property market report 2024, and the numbers show a worrying trend. In 2024 the low point of the market cooling was reached, with only 1815 properties sold. This makes a third less than 2021. This not only affects buyers, but also on sellers who often have to dig deeper into their pockets.

The numbers speak for themselves: Real estate sales have decreased by 30 percent to 451 million euros. This dramatic decline in the real estate business is particularly striking when you consider that in 2021 over 1.2 billion euros were implemented. The decline in undeveloped building land is particularly strangling: In 2024, fewer than 300 building plots were sold, compared to around 1000 to 2021.

declining markets and stability in single -family houses

Another result of the report is the declining demand for condominiums as well as agricultural and forestry areas. Commercial real estate is also affected. While the markets for single -family houses have experienced stabilization - over 300 sales in 2024 mean an increase compared to the previous year - the prices for houses and land remain stable. The land standard values ​​were confirmed, and the average purchase price for a house rose from 357,500 euros in 2023 to around 377,500 euros in 2024.

However, the prices vary greatly depending on the location. Houses in the bacon belt are almost twice as expensive as in the further metropolitan area. Almost 80 percent of the funds were implemented in the bacon belt in 2024. One reason for the decline on the market is the high interest rates that make families difficult to realize the dream of home. Despite lower prices, demand in rural areas is still low.

The annual property market report

The property market report, which is based on statistical evaluations of purchase contracts of the expert committees, offers comprehensive insights into the market situation. The aim is to create a transparent overview of the property markets. One application is required to receive the printed report, which is based, among other things, on the legal foundations of the BauGB (BauGB) and the Brandenburg expert committee regulations, such as [teltow-flaeming.de] (https://www.teltow-flaeming.de/was-erledige-ichwo/dienstleistungen/details/grundstuecksmarkt report) explains.

The administration offers a toll-free access of the report as a PDF document, while a fee of 40 euros is due for the analogous levy. Interested parties can get advice during the office hours that take place after making an appointment and telephone registration. Unfortunately, the offices remain closed on a few days, including May 2 and May 30th of the current year.

The situation on the real estate market is therefore tense and the developments are kept in mind. A look at the nationwide trends shows that similar tendencies can also be observed in other regions of Germany. The working group of the upper expert committees has recently published a real estate market report that contains the first transaction data for 2023. Perhaps we will soon look at positive changes, but the market is currently challenging, both for buyers and for sellers. You can find more information about this at [bbsr.bund.de] (https://www.bbsr.bund.de/bbsr/de/forschung/fachben-immobilien/wohnungsimmobilienmakte/dashboard-immobilienmarkt report/start.html).