Munich Property Market: 48 Days to Sell in 2026

Properties in Munich took an average of 48 days to sell in the second quarter of 2026, up from 31 days in the same period last year, while sellers cut asking prices by an average of 4.1 percent to secure deals.

The trend reflects buyers holding out for better value after mortgage rates settled near 3.25 percent in spring and fewer urgent relocations occurred following corporate restructuring at firms based along the Mittlerer Ring. Longer listing periods have concentrated in established residential zones where supply has risen after owners listed second homes earlier than usual this year.

Leopoldstraße in Schwabing recorded 61 days on market for apartments priced above 1.2 million euros, while listings near the Isar in the Lehel district averaged 53 days, according to records from local agencies tracking the Glockenbachviertel and surrounding blocks. The Munich Property Market Report released on 8 July noted that 27 percent of active listings in these zones carried price reductions of at least 30,000 euros within the first month.

Discount Patterns by District

Data compiled by the Bavarian Real Estate Association showed that 62 percent of properties sold in June carried vendor concessions, compared with 41 percent in January. Average achieved prices fell to 9,850 euros per square metre citywide, down 2.8 percent from March levels, with steeper drops of 5.3 percent recorded for units above 120 square metres in Bogenhausen.

Next Steps for Sellers and Buyers

Agents recommend setting initial prices no more than 3 percent above recent comparable sales in the same postcode to shorten marketing time. Prospective purchasers should review listings posted before May on platforms covering the Maxvorstadt and Haidhausen areas, where unsold stock has accumulated and further adjustments remain possible before autumn viewings begin.