Mid-Year Review 2025

Our Figures for the First Half of 2025

The past six months have made one thing clear:
Buyer demand is returning – selectively, but significantly.

• Properties sold: 351

• Transaction volume: €110 million

• Ø Time on market: 12 weeks

• Ø House price in Schleswig-Holstein: €3,404/m²

• → +8.09% year-on-year

• → +0.75% compared to previous quarter

(Source: Listing prices from property portals, as of July 2025)

This puts current pricing well above 2024 levels (€3,149/m²) – a clear sign that the bottom of the market has been reached.

Where Our Forecast Was Accurate

Market stabilization: As anticipated, prices have leveled off. In prime coastal regions such as the Lübeck Bay, the North Sea coast, and the greater Kiel area, we’re seeing renewed activity.

Buyers return: Following the ECB’s interest rate adjustment in spring 2025, financing conditions improved noticeably – directly impacting buying behavior.

Location is king: Holiday homes and second residences in strong micro-locations with good energy ratings continue to be in demand – both for private use and investment.

Where the Market Surprised Us

Speed of recovery: While we expected gradual stabilization, some areas – especially premium leisure properties – have bounced back faster than anticipated.

Investor confidence: Despite global uncertainties and inflation, many buyers are turning to real assets. Real estate remains a safe haven in uncertain times.

Outlook for the Second Half of 2025

Looking ahead, we expect current trends to continue:

• Buyer demand will likely keep rising – but selectively.

• Well-positioned properties will continue to sell quickly.

• Prices should remain stable, with slight increases in top locations.

• Rental demand remains high – making investment properties even more attractive.

Our Takeaway

The recovery of Schleswig-Holstein’s real estate market is clearly underway – earlier and more decisively than expected. Strategic buyers in 2025 can benefit from stable prices, rising demand in key segments, and a broadly positive market sentiment.

Curious about your property’s current value or investment opportunities in Northern Germany? We’re here to offer strategic advice tailored to your goals.