29 Jun 2020 / Blog > Essen

Essen | Effects of Corona on property offers

In Essen, the number of daily published apartments increased by about 70 percent by the end of April

Housing advertisements in Essen

Housing advertisements in Essen

In Essen, there was a significant increase of 61 percent in the average daily residential advertisements published from February to the end of April. By the end of May, however, advertisements had fallen back by almost 29 percent, only to rise again by around 45.9 percent by the end of June. The result is that the average number of daily published housing advertisements has increased by 70 percent since February.

The square metre prices in Essen increased by 42 percent

Square meter prices in Essen

Square meter prices in Essen

The average price per square metre for apartments in Essen increased by a significant 42 percent from February to the end of June. The price per square metre experienced a peak within the analysis period in April. The average price per square metre rose by 47.4 per cent compared to February, but then fell again slightly by 3.5 per cent.

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