Dresden's real estate boom: condominiums as cheap than ever!
Dresden's real estate boom: condominiums as cheap than ever!
In the beautiful Dresden something is happening on the real estate market! Current figures show an exciting development that should be particularly interested in buyers. According to sächsische.de relaxed and demand attracts noticeably. Anyone who is still thinking about acquiring property could now do good business, because prices are rather low compared to the past few years.
The number of sales qualifications has increased: from 2,175 sales in 2023, it was rapidly to 3,324 sales in 2024 - this corresponds to a considerable increase of over 53%! The second half of 2024 in particular gave this trend a strong thrust. The square meter prices also moved slightly upwards in the first quarter of 2025. On average, the price is EUR 2,840 per square meter, which corresponds to an increase of 2.3% compared to the previous year.
price trends at a glance
If you are interested in the prices in the different districts, you will find some exciting numbers here: The cheapest apartments are available from 1,728 euros per square meter, while the most expensive in the top layout quarters can reach up to 7,008 euros. For comparison: In Berlin, the average price is EUR 4,178 per square meter, in Munich even 7,810 euros. Dresden manages to keep lower prices than the A-cities as a B-city with its dynamic developments.
- most expensive districts:
- Inner old town: 3,947 euros/m²
- Wilsdruffer suburb: 3,437 euros/m²
- Inner Neustadt: 3,436 euros/m²
- Loschwitz/Wachwitz: 3,447 euros/m²
- Blasewitz: 3,266 euros/m²
- cheapest districts:
- Schönfeld/Schullwitz: 2,347 euros/m²
- Gorbitz-Süd: 2,390 euros/m²
- Langebrück/Schönborn: 2,406 euros/m²
It should be noted that the offer of condominiums in Dresden with over 840 advertisements is quite strong in July 2024, especially in the west of the city as in Löbtau, Cotta, Mickten and Pieschen. However, the selection remains lean in cheaper parts of the city such as Schönfeld/Schullwitz and Hellerau/Wilschdorf. The demand for new condominiums is also strong, even if the prices here show a decrease of 7% compared to 2023 at 5,565 euros per square meter.
The market for land
You also have to pay attention to the property prices for floor construction plots: The prices for rental apartments are 670 euros per square meter, while condominiums are traded at 585 euros per square meter. The demand for living space is strong, and the number of traded objects shows that there are also potential for future investments.
Furthermore, many external factors such as population growth, the general economic situation and infrastructure projects influence real estate prices in Dresden. If these come together with increasing income and growth dynamics, demand will continue to attract in the property industry. The market conditions are therefore interesting and should be kept in mind by investors and those interested in buying. So if you think about finding your own dream apartment in Dresden, you currently have the best chances.
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| Ort | Dresden, Deutschland |
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