Since spring of 2023 the prices declined significantly, marginally less in the regions inside the Gürtel than in those outside the Gürtel. Thus, the minimum prices dropped by approximately 13 % in the 10th, 12th, 15th, 18th, 19th, and 20th Districts, while in the 2nd, 4th, 9th, and 17th Districts the declines were 9 % on the average. The maximum prices declined as well – namely throughout Vienna by ten percent on the average. However, another positive way of looking at it: Even though the prices have declined, the downward trend was not as strong as in other asset classes. Even the most inexpensive objects are still not available for less than EUR 2,035 per sq m of useable floor space.
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