During March 2024, the asking price for property for sale was highest in the Center region, with €10,975 per square meter. On the opposite, for a property for sale in the North region, only €5,659 per square meter is requested, the lowest value in all of Luxembourg.
During the same month, the asking price for rental properties was highest in the Center region, with € 30.49 per month per square meter. The lowest average asking prices instead, were in the North region, with only € 18.21 per month per square meter, the lowest value nationally.
The following charts show price trends over time of all residential property types in Luxembourg, both for sale and for rent.
In March 2024 for residential properties for sale were asked on average € 8,458 per square meter, with a decrease of 4.71% compared to March 2023 (8,876 €/m²). Over the past 2 years, the average price in Luxembourg has reached its peak in July 2022, with a value of € 9,208 per square meter. The month with the lowest asking price was December 2023: for a property for sale were asked an average of € 8,342 per square meter.
In March 2024 for residential rental properties was asked an average of € 26.90 per month per square meter, with an increase of 10.93% compared to March 2023 (€ 24.25 monthly per square meter). Over the past 2 years, the average price in Luxembourg has reached its peak in the month of March 2024, with a value of € 26.90 per square meter. The month with the lowest asking price was June 2022: for a rental property, was asked an average of € 23.30 per month per square meter.