Baden-Württemberg: Real estate prices rise-where the biggest climbs are!

Baden-Württemberg: Real estate prices rise-where the biggest climbs are!

Baden-Württemberg, one of the economically strongest federal states in Germany, attracts not only investors and companies, but also many people who want to live and work here. The current situation on the real estate market shows that this trend is unbroken. Reports of real estate portals prove that prices will increase again in the past few months after they had experienced a phase of stagnation in 2022 and 2023.

The economic importance of Baden-Württemberg can not only be seen from the numerous large companies that are based here, but also in the role that the federal state plays for the entire German economy. A significant proportion of gross domestic product (GDP) of the country, around 15 percent, is generated here.

increasing demand for living space

An interesting development is shown in Mannheim, where housing prices rose by 8.4 percent within one year. This is not only a top value for Baden-Württemberg, but also noteworthy at the national level. The reason for increasing prices is high demand, while there is a lack of available living space. The region houses many important companies from the fields of mechanical engineering and chemistry, including well-known companies such as Mercedes-Benz and BASF.

Similar trends can also be observed in Karlsruhe. The university city attracts many students and houses prospering companies such as EnBW and DM. In Karlsruhe, apartment prices have increased by 5.4 percent in the past twelve months. The challenge for the city is that the living space is almost completely exhausted, which means that additional new construction projects can only bring relief for a short time.

The situation in the Zollernalb district and in the Tuttlingen district seems to be a little different in comparison. This region, which lies between the big cities of Stuttgart and Tübingen, recorded an increase in property prices by 4.3 and 4.1 percent last year. These areas are particularly attractive for commuters who are looking for a cheaper living alternative but need short distances to the cities.

regionally different price development

In the Zollernalb district, the average prices for an apartment are still comparatively low and are around 2431 euros per square meter, while in the closer Tuttlingen 2671 euros per square meter are to be paid. In contrast, the prices in the cities of Stuttgart and Tübingen are in contrast, which are 4681 euros and 4055 euros per square meter. This illustrates that many who are looking for living space in the larger cities may want to move to these marginal regions.

The continued attractiveness of Baden-Württemberg as a residential and business location thus increasingly influences real estate prices and the behavior of the potential buyers. More details on this topic can be found in a detailed report on www.welt.de .