BASEL RESIDENTIAL MARKET

DEVELOPMENT OF RENTS AND SALE PRICES

RENTS AND SALES PRICES BY MARKET AREA

Net rent
CHF/m² p.a.
Median
CHF/m² p.a.
advertising period in days purchase price
CHF/m²
Median
CHF/m²
advertising period in days
Basel City Centre 205 - 400 265 30 4 910 - 13 190 9 700 36
Basel West / St. Johann 205 - 365 250 31 5 290 - 13 300 9 560 27
Lesser Basel / Riehen 200 - 340 245 32 7 450 - 12 380 9 515 36
Eastern Region 180 - 280 220 44 5 315 - 10 240 7 490 48
Southern Region 190 - 285 230 48 5 975 - 11 665 8 585 72
Western Region 195 - 290 235 43 5 570 - 12 070 8 950 52
The residential market in the Basel region proved to be robust in 2020. The vacancy rate in the agglomeration rose only slightly, from 1.2% to 1.3%. In the city, the rate remained at 1%, above the figure for comparable large cities in Switzerland. Rent has moved sideways for the most part in both the city of Basel and the agglomeration. On the owner-occupied market, demand remained high – this led to shorter marketing times in the Basel region as a whole. Purchase prices rose largely in the agglomeration a result. With the implementation of the ‘Recht auf Wohnen’ initiative, the share of low-cost apartments in the city of Basel is set to increase to 25% over the next several decades. Development pressure in transformation areas and denser districts as a result of replacement construction will gain momentum over the coming years.