Engel & Völkers
  • 4 min read

Positive news from the residential real estate market

Prospective buyers in Hamburg are particularly interested in modern properties with high energy efficiency.

The growth trend in Hamburg's residential property market continues: after inflation and construction interest rates rose as a result of the pandemic years and buyers tended to be cautious, a normalisation trend has now set in. We are seeing increasing momentum, particularly in the continuously developing markets of north-east Hamburg, namely in Alstertal, the Walddörfer, Rahlstedt and Marienthal.

Table of Content

  1. Sales figures grow across all segments

  2. Owners and buyers benefit from the market upturn

  3. Flats are increasing in value faster than houses

Request our ‘Market Report: North-East Hamburg 2025/2026’ via the link in the article and find out more!

Sales figures grow across all segments

The number of condominiums sold in the aforementioned districts, as well as in Bramfeld and Farmsen-Berne, rose by 9.7 per cent to 577 by the end of September 2025. Across Hamburg, 4,090 purchase agreements for apartments were registered, which is 15.5 per cent more than in the same period last year. The number of single-family homes sold in the aforementioned districts increased by 1.7 per cent to 538, while across Hamburg as a whole, the number of homes sold after three quarters was 5.3 per cent higher than in the same period last year.

Tailored real estate marketing

Professionally presented, strategically marketed

High-quality exposés are just the beginning. We position your property where it gets seen – ensuring maximum visibility and the best possible results.

Owners and buyers benefit from the market upturn

The increasingly positive news from the residential property market therefore affects not only property owners and sellers, whose values have stabilised again, but also prospective buyers, for whom the range of properties on offer and thus the choice available has increased significantly, leading to rising sales figures.

As a result of this development, our current market report ‘Hamburg Northeast 2025/2026’ not only records prices that have already risen, but also expects them to increase slightly. However, the predicted price increase only applies to solid properties with modernised or modern energy-efficient features in good or very good residential locations.

Flats are increasing in value faster than houses

While flats are expected to increase in price by 3 to 4 per cent in the newly begun year 2026, the rate of increase for single-family homes is likely to be less than one per cent. The figures from the expert committee as of 30 September 2025 show that houses are developing less strongly in terms of price. According to these figures, prices for single-family homes across Hamburg fell by as much as 4.4 per cent, even though the number of properties sold increased significantly.

The reason for the difference in price trends is demographic change: while newer flats are dominating the market, older houses are increasingly being put on the market by owners who want to give up their properties for reasons of age. We are observing this trend particularly in north-east Hamburg, with its dense development of single-family homes. However, this development gives young families the opportunity to purchase their own home and thus live in a quiet, green environment with excellent infrastructure.

Newsletter

Market your property professionally

Subscribe to our newsletter now and receive insights into marketing strategies, market trends, and exclusive properties.

I consent to the processing of my data for the purpose of regularly receiving newsletters from Engel & Völkers Alstertal GmbH.

You can find out which data Engel & Völkers Alstertal GmbH stores in detail and what rights you have in this context here. You can revoke your consent for the future at any time here.

Contact provider

Engel & Völkers Alstertal

Page content provided by: Engel & Völkers Alstertal GmbH

License partner of Engel & Völkers Residential GmbH

+49 40 532 03 60