Real estate market Münster 2024: prices stagnate, sales contracts increase!

Real estate market Münster 2024: prices stagnate, sales contracts increase!
Developments on the real estate market in Münster also show an increase in purchase contracts compared to previous years in 2024. As Stadt-muenster.de , the purchase prices have developed inconsistently. While the prices for used condominiums, three- and apartment buildings as well as building plots for individual housing are slightly increased, the average purchase prices for single-family and two-family houses as well as building plots in store residential construction decrease. The prices for new condominiums are stagnating.
In 2024, the average purchase prices in Münster were around 3,800 euros per square meter for condominiums and around 4,000 euros per square meter for free -standing single -family houses. The property market report 2025 summarizes these developments and was created by the expert committee for property values, a neutral body whose members are appointed by the district government. The members are largely experts from the areas of architecture, civil engineering, banks, surveying and the real estate market.
rising contracts and sales
The committee evaluated a total of 2,500 purchase contracts, which represents an increase compared to previous years. This lies the number of contracts in accordance with the ten-year average in Münster. Despite the increase in purchase contracts, the area turnover of 2.3 square kilometers in the previous year fell to 1.4 square kilometers. However, the transaction volume across all sub -markets rose to around 1.2 billion euros, which is above the values of the past two years and is at the level of 2020.
The detailed information and numbers are recorded in the property market report, which can be downloaded free of charge at www.boris.nrw. In addition, data for the valuation, land guidelines and a real estate price calculator are available.
national trends in the real estate market
The reports are based on the purchase price collections, which are conducted in accordance with § 195 BauGB. Purchase contracts must be transmitted to the responsible expert committees, whereby the data is included anonymously in the collection. The extensive analysis and the accessible data offer both experts and interested parties to valuable indications of decisions on the real estate market.
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