Building land has never been as expensive in Germany as it was last year.
As the Federal Statistical Office has calculated, the average purchase value of ready-to-build plots per square meter in 2019 was 189.51 euros.
Ten years earlier, according to the Federal Office, a square meter was still available for around 122 euros on average.
The demand for living space is enormous, especially in metropolitan areas, but there is a lack of building land.
Buyers in Berlin (1,328) and Hamburg (1,158) had to pay the highest square meter prices.
In Bavaria, which is also comparatively expensive, the average price was 301.75 euros per square meter.
In Thuringia, Saxony-Anhalt and Mecklenburg-Western Pomerania, on the other hand, the average purchase values were the lowest, each below 60 euros per square meter.
In principle, the values increase with the size of the community: In villages with fewer than 2,000 residents, an average of around 66 euros per square meter was paid.
"In the 14 largest cities with at least 500,000 inhabitants, it was 17 times as much," said the statisticians: 1,128.33 euros.
The Federal Office pointed out that these average values "can only be used to a limited extent for a temporal comparison" because the individual sales cases can differ from year to year.
The statistics provide a snapshot, but not an exact price development for building land.