BERN RESIDENTIAL MARKET

DEVELOPMENT OF RENTS AND SALE PRICES BERN

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
Bern North 180-290 210 31 5800-9480 7660 30
Breitenrain / Wankdorf 215-400 285 21 6775-14515 9905 30
Bümpliz / Oberbottigen 175-300 225 22 4535-8975 6835 26
Inner City 225-470 325 30 6765-15560 11 335 26
Kirchenfeld / Schosshalde 200-365 265 23 4810-11960 7570 36
Länggasse / Felsenau 215-375 275 17 6400-11785 10220 35
Liebefeld / Köniz 180-290 225 25 5850-10665 7115 26
Mattenhof / Weissenbühl 200-355 265 18 5950-13100 9920 29
Muri / Ostermundingen / Gümligen 185-285 230 33 6260-11310 8095 51
The residential market remains strained in the Bern region. In the agglomeration, the vacancy rate in 2021 fell from 1.2 % to 1.0 %. In the city, it remained stable; since 2004, the rate has ranged from 0.4 % to 0.6 %. Contrasting trends were seen for prices, with rental prices largely falling or stagnating. In contrast, purchase prices largely trended upwards, in the inner city by about 20 %. The brisk demand for owner-occupied property in Greater Bern is also reflected in advertising periods, which largely declined. The number of apartments authorised for construction in the city reached a 10-year high in the previous year, which could temporarily ease the residential market. However, a real easing will come only with major projects, such as the new Viererfeld/Mittelfeld district, which will create residential space for about 1,100 households over the next several decades. However, completion of the first stage, with 300 to 400 apartments, is not scheduled until 2027/2028.