Real estate market trends in Switzerland

-anfinaNewsletter2024-

The real estate market in Switzerland

Dear Readers,
Today we will take a look at the development of the real estate market and how it affects house and flat prices on average.
The RealAdvisor source reports that:
“Real estate prices in Switzerland have increased by 1.1% over the past 12 months. The graph below shows the evolution of real estate prices over the last 24 years. Over the past 20 years, prices per m² for houses and flats have increased by 84.9%.

Average Real Estate Price in Switzerland

• The average price for houses currently on the market is CHF 1,190,000.
• The asking price for 80% of the properties is between CHF 462,000 and CHF 2,950,000.
• The average price per m² in Switzerland is CHF 7,473/ m² (price per square metre).

Real estate market development paints cantons.

Among the red areas with a substantial increase in real estate market prices we find: in first place the canton of Zug, followed immediately by the canton of Geneva

See the differences:

Canton of Zug

Real estate prices in the canton of Zug have risen by 3.6% over the past 12 months.
Over the past 20 years, prices per m² for houses and flats have increased by 140.7%.

For houses
The average price for houses currently on the market is CHF 2,800,000.
The average price per m² in the Canton of Zug is CHF 15,070/m².
For flats
The average price for flats currently on the market is CHF 1,735,000.
The average price per m² in the Canton of Zug is CHF 15,231/ m² (price per square metre)

Canton of Geneva

Real estate prices in the canton of Geneva have risen by 0.2% over the past 12 months
Over the past 20 years, prices per m² for houses and flats have increased by 122.4%.

For houses
The average price for houses currently on the market is CHF 2,490,000.
The average price per m² in the Canton of Geneva is CHF 13,550/ m² (price per square metre)
For flats
The average price for flats currently on the market is CHF 1,580,000
The average price per m² in the Canton of Geneva is CHF 13,615/ m² (price per square metre).

Jura Canton paints itself green

Real estate prices in the canton of Jura have risen by 0.5% over the past 12 months.
Over the past 20 years, prices per m² for houses and flats have increased by 59.5%.

For houses
the average price for houses currently on the market is CHF 650,000.
The average price per m² in the Canton of Jura is CHF 3,873 per m² (price per square metre).
For flats
The average price for flats currently on the market is CHF 490,000.
The average price per m² in the canton of Jura is CHF 4,458/ m² (price per square metre).

The canton of Solothurn follows

Real estate prices in the canton of Solothurn have increased by 0.9% over the past 12 months.
Over the past 20 years, prices per m² for houses and flats have increased by 59.6%.

For houses
The average price for houses currently on the market is CHF 959,000.
The average price per m² in the Canton of Solothurn is CHF 5,925 per m² (price per square metre).
For flats
The average price for flats currently on the market is CHF 635,000.
The average price per m² in the Canton of Solothurn is CHF 5,768/ m² (price per square metre).

Last among the green flags is the canton of Glarus

Real estate prices in the canton of Glarus have risen by 1.7% over the past 12 months. Over the past 20 years, house and flat prices per m² have increased by 79.5%.

For houses
The average price for houses currently on the market is CHF 692,500.
The average price per m² in the Canton of Glarus is CHF 5,061/ m² (price per square metre).
For flats
The average price for flats currently on the market is CHF 680,000
average price per m² in the canton of Glarus is CHF 6,780/ m²

But let’s take a look at how our beloved canton of Zurich H4 has responded to the market

Real estate prices in the Canton of Zurich have risen by 1.1% over the past 12 months.
Over the past 20 years, prices per m² for houses and flats have increased by 100.3%.

For houses
The average price for houses currently on the market is CHF 1,590,000.
The average price per m² in the Canton of Zurich is CHF 10,150 per m² (price per square metre).
For flats
The average price for flats currently on the market is CHF 1,190,000.
The average price per m² in the Canton of Zurich is CHF 10,352/ m² (price per square metre).

We can say that the Canton of Zurich is coloured yellow.

Your anfina-Team