Overview

• The Hotterstraße in Munich’s Altstadt-Lehel leads Immowelt’s national ranking with an average offer price of €15,891 per square meter, nearly double the citywide average of €8,249.
• Nine of Munich’s ten most expensive streets are concentrated in the upscale Bogenhausen district, with Möhlstraße ranking second at €15,378 per square meter.
• The study, conducted using hedonic analysis of offer prices, focused on Germany’s 15 largest cities and included only streets with at least 20 residential addresses.
• Munich's real estate market far outpaces other German cities, with only Düsseldorf, Frankfurt, Hamburg, and Cologne having any streets priced above Munich's average.
• The findings underscore the stark price disparities within Munich, where exclusivity and location drive extreme property values.