Real estate: The sale of a house or apartment now takes longer here
The high prices are having an impact: An exclusive evaluation shows significant differences in the marketing duration of housing advertisements. In which cities it is now fastest for sellers.
A study by German real estate broker Hausgold found that homes and apartments in Germany take varying amounts of time to sell, with listings in some regions lasting almost nine weeks. The analysis of hundreds of thousands of property listings from January to May 2024 showed that in the seven largest German cities, Düsseldorf had the longest sales time at 6.2 weeks, while Munich had the shortest at 5 weeks.
At the local level, Zweibrücken in Rhineland-Palatinate had the longest sales time at 8.8 weeks, while Neumarkt in the Upper Palatinate had the shortest at 3.1 weeks. The average sales time across all regions was 5.9 weeks.
Written by urgent.news from Handelsblatt's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
