Bild Dresden, 20 September 2013: “470 Million Euros in Condo Sales in Dresden”
“As far as the housing market goes, Dresden and Leipzig are the most prospering cities in East Germany,” wrote Bild Dresden to sum up the gist of the Accentro Homeownership Report. In 2012, residential property totalling 470 million euros changed hands in Dresden (3,862 condominiums sold). The average price per apartment was reportedly 121,776 euros (ranking 38th in Germany). In Leipzig, by contrast, the number of condominiums sold declined (3,302), whereas the price per unit rose (total revenues: 491 million euros). The average price tag for a condominium is 148,758 euros (rank 27).