This statistic shows the average selling price of an apartment in selected areas in Luxembourg as of 2018 (in euros per square meter). Prices of an apartment in the canton of Luxembourg, which includes both Luxembourg City as well as its outskirts, were higher than in the rest of the country. The price of an existing apartment would reach little over 7,900 euros per square meter while this was 4,200 euros per square meter in the North.
In recent years, the housing market of the Grand Duchy of Luxembourg was affected by two developments: an increasing population due to the arrival of new residents from foreign countries and new dwellings not matching up to the population increase. As such, prices of residential property have increased.
Average selling price of an apartment in selected areas in Luxembourg as of 2018 (in euros per square meter)*
Characteristic
Existing apartments
Apartments in construction
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* The source adds the following information: "the zone Cappellen-Mersch consists of the cantons of Capellen and Mersch. The "East" zone corresponds to the cantons Echternach, Grevenmacher and Remich. Finally, the "North" zone matches the cantons of Clervaux, Diekirch, Redange, Vianden and Wiltz."
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L'Observatoire de l'Habitat. (October 1, 2019). Average selling price of an apartment in selected areas in Luxembourg as of 2018 (in euros per square meter)* [Graph]. In Statista. Retrieved August 25, 2024, from https://www.statista.com/statistics/925217/selling-price-of-apartments-in-luxembourg-by-region/
L'Observatoire de l'Habitat. "Average selling price of an apartment in selected areas in Luxembourg as of 2018 (in euros per square meter)*." Chart. October 1, 2019. Statista. Accessed August 25, 2024. https://www.statista.com/statistics/925217/selling-price-of-apartments-in-luxembourg-by-region/
L'Observatoire de l'Habitat. (2019). Average selling price of an apartment in selected areas in Luxembourg as of 2018 (in euros per square meter)*. Statista. Statista Inc.. Accessed: August 25, 2024. https://www.statista.com/statistics/925217/selling-price-of-apartments-in-luxembourg-by-region/
L'Observatoire de l'Habitat. "Average Selling Price of An Apartment in Selected Areas in Luxembourg as of 2018 (in Euros per Square Meter)*." Statista, Statista Inc., 1 Oct 2019, https://www.statista.com/statistics/925217/selling-price-of-apartments-in-luxembourg-by-region/
L'Observatoire de l'Habitat, Average selling price of an apartment in selected areas in Luxembourg as of 2018 (in euros per square meter)* Statista, https://www.statista.com/statistics/925217/selling-price-of-apartments-in-luxembourg-by-region/ (last visited August 25, 2024)
Average selling price of an apartment in selected areas in Luxembourg as of 2018 (in euros per square meter)* [Graph], L'Observatoire de l'Habitat, October 1, 2019. [Online]. Available: https://www.statista.com/statistics/925217/selling-price-of-apartments-in-luxembourg-by-region/