real estate prices in Switzerland have been rising for years. 2019 single-family homes and condominiums were once again more expensive – but not everywhere, according to an analysis of Homegate shows. The real estate portal, has looked at the four most liquid market in the regions and the large differences found.
The national average price for single family homes rose compared to the previous year by 3.3 percent. In all four regions studied, there was an increase, the most in North-West Switzerland (4.8 percent) and the lake Geneva region (3.6 percent). In the regions of Zurich (3.4 percent) and Bern (2 percent) were the object prices are only average or below average.
The lake Geneva Region remains the most expensive paving for single-family homes, the cost average of 1.3 million francs. In Zurich, the sales price is only slightly lower. In comparison, houses in the North West of Switzerland, and especially in the Region of Bern downright cheap. Here the dream of owning a house can often be for less than a Million to realize.
But even within the regions there are enormous differences, as the example of Zurich shows that An average house in Küsnacht a cost of 3.2 million, the cheapest properties in fish contain around a fifth of this price. The two municipalities are only 25 kilometers apart. Only 30 minutes drive from the gold coast, the cost of five single-family homes so much as a single in Küsnacht.
In the other regions, the price range is also huge, which is manifested particularly in a national comparison: In the most expensive municipality in Switzerland, the city of Geneva, it is necessary to put for an average single-family house more than 3.5 million on the table. In Bern Schüpfen, there are not even 400’000 Swiss francs – almost ten times less. Even in the best communities in the lake Geneva region (Gryon) and North-West Switzerland (Murgenthal) comes much easier to a house.
Between the four large regions, the differences in the case of condominiums, however, are less strong than in the case of single-family homes. In two of them, the prices have dropped at all. The seller in the Zurich Region suffered in the year 2019, a reduction of 3 percent. In the Region North-West Switzerland were also paid 1.5% less for a condo.
The lake Geneva Region, where prices rose by 3.6 per cent have increased, Zurich is replaced as most expensive area for condos. 865’000 Swiss francs to pay the buyer an average. The Bern Region showed an even stronger increase, of 7.4 per cent, but it nevertheless remains the most inexpensive.
Interestingly, the prices per square meter of living space rose in all regions, most strongly in the Region of Zurich. This means that in Zurich and North West Switzerland, in the year-on-year comparison increasingly smaller and thus lower-priced apartments were offered.
as a General rule: During the development of condominiums is very heterogeneous, as revealed in the single-family homes, a city-country divide. In the centres, agglomerations, and high-income areas, the prices for houses stronger than in rural communities.
Created: 04.03.2020, 15:03 p.m.Updated Date: 04 March 2020, 16:02