Berlin's residential real estate market continues to recover - demand for micro-apartments increases

"After the Berlin residential real estate market had already gained significant momentum again in 2024, this development continued in 2025. There is a noticeable upturn in the condominium segment in particular, which is reflected in both rising transaction figures and a higher sales volume. This was mainly due to the more favourable financing conditions compared to the previous year and the continued high demand for housing in Berlin. The housing market is also showing a positive development, even if the limited supply continues to slow down transaction activity there. It is also particularly striking that there is significantly more movement in the premium segment of condominiums, while the premium housing market is stable overall. In the inner-city submarket of Berlin-Mitte in particular, we are also observing that high-quality micro-apartments are in greater demand again. For the coming months, we expect the market to remain fundamentally robust. At the same time, increasing geopolitical uncertainties and the associated uncertainty among interested parties and sellers are likely to lead to a slowdown in transaction volume again. Especially when economic risks intensify and the interest rate level changes, a sideways movement or more moderate growth is more likely than a sharp increase," comments Andriy Semkiv, Managing Director of DAHLER Berlin.

The condominium market 2025 at a glance:

• In 2025, a total of 768 condominiums were sold, which corresponds to an increase of 6.3% compared to the previous year (2024: 12,958).
• Of the apartments sold, 1,468 were first-time sales - a rate of 10.7%. In 2024, the share was still 11.8%.
• Overall, the transaction volume was around €5.25 (+8% compared to 2024).
• Of the residential transactions examined, about 7,225 had a price per square metre of more than €5,000.
• Most condominiums were sold in the Charlottenburg-Wilmersdorf district (2,152), followed by Pankow (1,685) and Berlin-Mitte (1,593).
• In the price segment with prices per square metre starting at €13,000, 266 sales were made – more than twice as many as in the previous year (+105% compared to 2024).
• The strongest percentage increase in transactions was recorded in the price range per square metre between

€5,000/m² and €6,999/m² respectively: Here, the number of purchase cases rose to 4,539, an increase of 11%.

• In around 1,040 transactions, the price per square metre was over €9,000. This exceeded the previous year's level by 39.4%.
• The highest average purchase price was paid in the Mitte district and was €322.
• The highest price per square metre was paid in the Berlin-Charlottenburg district at €23,569. The most expensive retail sale price was registered in Berlin-Mitte and was €6.5 million.

The housing market 2025 at a glance:

• With a total of around 1,520 houses sold, 4.1% more houses were sold than in the previous year.
• A total transaction volume of €1 was achieved.
• 142 houses had purchase prices of €1 million or more – an increase of around 2.2% compared to the previous year.
• 36 houses were sold, costing more than €2.
• The purchase price segment between €000 and €749,999 recorded the highest increase in transactions: 596 houses were sold here (+7.4% compared to 2024).
• The most expensive individual sale was in the district of Charlottenburg-Wilmersdorf at €9.7.
• Most houses were sold in the district of Reinickendorf (277), followed by Marzahn-Hellersdorf (219) and Spandau (202).