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Average price per square meter of an apartment in Germany H1 2020

Published by Statista Research Department, Oct 1, 2020
This statistic illustrates the average cost per square meter of apartments in Germany in the first half of 2020, by city. It can be seen that Munich was the most expensive city to buy an apartment in, with average values of 8,442 euros per square meter in 2020. The price of an apartment in Cologne was significantly less, with values of approximately 4,185 euros per square meter, a difference of 4,257 euros per square meter.

Average cost* of an apartment in Germany as of the 1st half of 2020, by city (in euros per square meter)

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Source

Release date

February 2020

Region

Germany

Survey time period

first half of 2020

Supplementary notes

Median price for newly built apartments.
The source states 'apartment price unless otherwise defined, all prices are average monthly rents per square meter for apartments on offer, regardless of year of construction and floor area'.
Figures rounded.

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* Prices do not include sales tax.

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