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Leipzig's real estate prices at record levels. Monopoly for real.

Leipzig Schleußig like Schlossallee - one of the most expensive residential areas in Leipzig, symbolic image: © pixabay.com
Leipzig Schleußig like Schlossallee - one of the most expensive residential areas in Leipzig, symbolic image: © pixabay.com

Price analysis: Why Leipzig's Schleußig district is one of the most expensive residential areas in Saxony and how prices are developing in comparison to other major cities.

Over the years, the Saxon city of Leipzig has developed into one of the most sought-after real estate locations. The Schleußig district in particular stands out with its high prices. Marpergerstrasse in Schleußig tops the rankings according to the latest publication by the real estate portal Immowelt, with an average price per square meter of around 4440 euros. Nearby Hüfferstraße and Pistoriusstraße are also among the top locations with prices of 4373 and 4133 euros per square meter respectively.

Compared to Dresden, where the most expensive district of Blasewitz, Wartburgstraße, charges 4653 euros per square meter, Leipzig is still slightly cheaper. Nevertheless, Schleußig in Leipzig has a particular appeal for property seekers, which is driving prices up.

These price trends illustrate that the high costs are concentrated in some popular districts. While Dresden is slightly more expensive overall with an average price of 2677 euros per square meter, Leipzig comes in at around 2453 euros. Despite these high prices, both cities are still affordable alternatives compared to metropolises such as Hamburg or Munich.

In Hamburg's prime location, you pay more than 14,000 euros per square meter on the banks of the Alster, while in Munich the average is over 8200 euros, and in the city center it even reaches 16,000 euros.

Even though property prices in Leipzig and Dresden have risen, the region remains affordable compared to other major cities in Germany. A look back at the top addresses clearly shows the upward trend, but for many, Leipzig remains attractive precisely because of its dynamic development and comparatively lower costs.

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