During August 2023, the asking price for property for sale was highest in the Centre region, with €10,732 per square meter. On the opposite, for a property for sale in the Nord region, only €6,020 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 Centre region, with € 28.58 per month per square meter. The lowest average asking prices instead, were in the Nord region, with only € 17.10 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 August 2023 for residential properties for sale were asked on average € 8,457 per square meter, with a decrease of 3.52% compared to August 2022 (8,766 €/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.
In August 2023 for residential rental properties was asked an average of € 25.37 per month per square meter, with an increase of 5.75% compared to August 2022 (€ 23.99 monthly per square meter). Over the past 2 years, the average price in Luxembourg has reached its peak in the month of August 2023, with a value of € 25.37 per square meter. The month with the lowest asking price was February 2022: for a rental property, was asked an average of € 23.27 per month per square meter.