Burgenland's housing market 2024: Price boom and sales increase in the focus
Burgenland's housing market 2024: Price boom and sales increase in the focus
A new analysis by Re/Max shows some exciting developments in the Burgenland housing market for the first half of 2024. The pricing of the residential properties presents itself as mixed: Compared to the previous year, apartments were offered sometimes cheaper and sometimes more expensive, but the total number of transactions has dropped significantly.
In the first six months of this year,351 sales qualifications were recorded in the first six months of this year, which represents a decline of 25.3 percent compared to the first half of 2023. Nevertheless, the turnover of 57 million euros could throw a positive light on the situation, because in the five -year comparison this means an increase of 36.6 percent
price development in the cities
The average apartment prices in Burgenland are currently 149,882 euros , whereby the proportion of first covers at 23.9 percent . Eisenstadt is still the top location, now even with a remarkable price increase of 45.8 percent , which raises prices to 196,812 euros. This development has the state capital almost reached the 200,000 euro brand .
In comparison, Neusiedl am See recorded a moderate increase of 13.8 percent and buyers paid for apartments here on average 153,673 euros. In Mattersburg the price is 141,870 euros , which corresponds to an increase of 21.0 percent .
special trends in the regions
in Oberwart climbed the prices by 24.0 percent to 120,895 euros , while Oberpullendorf had to accept a decline from 21.0 percent to 104,979 euros . Güssing also shows 12.3 percent with an increase of , but the price remains here with 86,490 euros in the five -digit range. Jennersdorf concludes the list with 81,970 euros
The different price developments show that some markets are more stable than others. While Eisenstadt continues to take the pioneering role, other cities such as Neusiedl and Mattersburg are fighting with strongly fluctuating price structures. The current situation on the Burgenland real estate market could be important for both buyers and sellers. For more precise analysis and more detailed information on the trends and numbers, we on the detailed reports from www.meinbezirk.at .
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