Your province in numbers: Luxemburg
How much does a house cost in Luxembourg?
On average, you will pay 1382 euros per square meter for a house in Luxembourg. House prices only rose by 1.61% compared to the same quarter of the previous year. In the last quarter, house prices remained almost stable, decreasing by just 0.07%. This suggests that the cooling of the market had already begun much earlier than in the rest of Belgium.
What are the trends for house prices in Luxembourg?
The number of homes in the province of Luxembourg is relatively low, which makes it difficult to rely on the results. In the provincial capital of Arlon, prices rose by 13% compared to the last quarter of 2021, a significant increase that should be interpreted with caution. In the last quarter, however, prices fell by 1.15%, indicating that the big price jump is not a continuing trend. In late 2022, you paid 1949 euros per square meter for a house in Arlon. In Durbuy, prices fell, with a house now costing 1530 euros per square meter.
What is the most expensive municipality for houses in Luxembourg?
The most expensive municipality in Luxembourg is Attert, next to Arlon, where you pay 2015 euros per square meter for a house. The municipalities around Arlon are among the most expensive in the province, presumably due to their proximity to neighbouring Luxembourg.
How much does an apartment cost in Luxembourg?
On average, you will pay 2199 euros per square meter for an apartment in Luxembourg. The few apartments that were sold saw a very large price increase in 2022 of around 10%. Prices also rose by 4.67% in the last quarter. Bearing in mind that the figures are based on a very small number of homes, they go directly against the price trends of apartments in the rest of Belgium.
What are the trends for apartment prices in Luxembourg?
Apartments in Arlon became much more expensive in 2022. Compared to late 2021, apartments became 13.46% more expensive. In the last quarter, prices even increased by 22.76% compared to the previous quarter. An apartment in Arlon now costs 2742 euros per square meter. In Durbuy, however, apartments became much cheaper, although the number of homes sold is too low to make a reliable estimate.
What is the most expensive municipality for apartments in Luxembourg?
So, Arlon is the most expensive municipality to buy an apartment in Luxembourg, at 2742 euros per square meter. This places the municipality just outside the top 100 of most expensive municipalities in Belgium for apartments, in 109th place. The cheapest municipality in Luxembourg is more than 1000 euros cheaper per square meter; in Saint-Hubert, you pay 1637 euros per square meter for an apartment.
Read here all about the price developments in Antwerp.
Read here all about the price developments in East Flanders.
Read here all about the price developments in West Flanders.
Read here all about the price developments in Flemish Brabant.
Read here all about the price developments in Limburg.
Read here all about the price developments in Brussels-Capital Region.
Read here all about the price developments in Walloon Brabant.
Read here all about the price developments in Liège.
Read here all about the price developments in Namur.
Read here all about the price developments in Hainaut.
