The real estate market in Munich-Forstenried
Real estate prices in Munich-Forstenried have risen significantly over the past 10 years. This is due to the increasing demand for condominiums, houses, and plots of land in Forstenried. Below you will find an overview of the development of real estate prices in recent years.
Real estate sales and property prices in Forstenried
„When selling real estate in Munich-Forstenried, it is crucial to know the current property prices and their trends inside and out, and to determine the value of the property correctly. Here, average prices provide a good starting point, but when selling, it is essential to examine the property under a microscope. Location plays a decisive role, and in Forstenried, the price difference can be striking even within just a few streets, says real estate agent Rogers.
Currently, used condominiums in Munich-Forstenried are offered at an average purchase price of approximately 7,090 EUR (price per square meter) and houses at 7,980 EUR/m². The price increase since 2013 is 91.3 percent for condominiums and 77.6 percent for houses.
What is your property in Munich-Forstenried worth?
Do you want the current Value of your property know? For well-founded valuation information, you've come to the right place. Call us at 089 70065020. Our real estate valuation for you:
- A high-quality and comprehensive analysis of your property.
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Sold properties in Forstenried
In 2022, 4 residential plots of land with a total area of 0.3 hectares were sold in Munich-Forstenried for the purpose of individual development. The expert committee recorded a total turnover of 13.6 million euros. One plot of land for multi-family housing was sold on the market.
Sale of the residential building plots
Quantity: 4
Revenue: €13.6 million
Area: 0.3 ha
Sale of the multi-family residential building plots
Quantity: 1
Revenue: –
Area: –
Munich-Forstenried is also seen as a typical field of activity for smaller property developers. In the new-build apartment market, 67 units were notarized for a total selling price of EUR 31 million. In the case of pre-owned apartments, a total of 119 apartments changed hands in Munich-Forstenried. In terms of real estate prices, a total turnover of EUR 53 million was generated.
Sold new construction properties
Quantity: 67
Revenue: €31 million
Resold items
Quantity: 119
Revenue: €53 million
Forstenried also has a good share of single-family homes, and last year a total of 39 properties were sold for a total price of EUR 51.9 million. The area sold was 1.7 ha. One property was sold on the multi-family housing real estate market.
Sold single-family homes
Quantity: 39
Revenue: EUR 51.9 million
Area: 1.7 ha
Sold apartment buildings
Quantity: 1
Revenue: –
Area: –
The demand for apartments in Munich-Forstenried is currently optimal. Apartments with a living space between 100 and 150 m² are in highest demand, but smaller apartments are also enjoying brisk demand. We as Real estate agent for Munich Forstenried look forward to new offers. If you have any questions about our work, please feel free to contact.
Real estate agent for Munich-Forstenried
- Since 2004, we have been successfully brokering apartments, houses, and plots of land in Munich-Forstenried.
- We offer individualized and personalized advice.
- Benefit from our market knowledge in Forstenried.
- With us, you can quickly and securely achieve the best possible price for your apartment, house, or plot of land in Munich-Forstenried.
- A true service awaits you: open, transparent, and results-oriented.
- We are more than happy to take the time to address your questions and concerns.
- We look forward to hearing from you.
Clear overview of real estate prices in Munich-Forstenried
Here is an overview of the development of purchase prices for apartments and houses in Forstenried since 2017. The percentage increase refers to the year 2016. As real estate agents for Munich-Forstenried, we look forward to new listings. If you have any questions about our work, please feel free to contact us.
Development of residential property prices in Munich-Forstenried since 2017
Development of real estate prices for houses in Munich-Forstenried since 2017
Do you want to sell your property in Munich-Forstenried?
Distribution of buildings in Munich-Forstenried
EFH
MFH
Commercial
Living in Munich-Forstenried
Forstenried was only incorporated at the beginning of the 20th century and is characterized by an idyllic charm. The district is very popular with young and old alike, not least because it has retained its village character to this day.
Located between Fürstenried and Obersendling, Forstenried is very easily and conveniently accessible using the Munich subway network (Line U3). Forstenried offers everything needed for a pleasant life. Here, there is a good selection of schools, shopping opportunities, and diverse cultural offerings. The Forstenrieder Park offers a large amount of recreation as well as sports opportunities.
Around the Holy Cross Church, the remains of Forstenried's original village center are still preserved today. In the 1960s, large residential complexes for commuters to Munich were built in Forstenried.
Many farms, some of which are still active, have been preserved. The contrast between tradition and modernity makes Forstenried charming.
Social structure in Munich-Forstenried
More than 85,000 people live in Forstenried today. The percentage of renters in this neighborhood ranges from 60 % to 70 %, and the unemployment rate ranges from 3 % to 5 %.
Distribution of the population by age
Income distribution
Unemployment rate
renter rate
Real estate prices in neighboring districts of Forstenried
Would you like to find out what purchase prices are being achieved in the Forstenried area? Here we have compiled further real estate market reports for you that explain the events on the real estate market in detail. Learn more about the sale of apartments, houses, and plots of land in the following districts.
Contact your real estate agent for Munich-Forstenried
Are you thinking about selling your property in Forstenried? Simply contact us and arrange a non-binding consultation appointment. We would be delighted to introduce ourselves and present our comprehensive real estate service. Write to us by email or call us at Tel. 089 70065020.
We look forward to hearing from you
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