Bidding wars in Amsterdam are getting out of hand...

Why is Amsterdam Zuid so incredibly popular? On average, homes sell for 11.9% above the asking price. With an average home price of €1,350,000, that’s quite a sum... Why is that? Is it because Amsterdam Zuid is a quiet and upscale neighborhood compared to the rest of Amsterdam, or is it due to the abundance of restaurants and cozy cafés?

Oud Zuid, super expensive…

This line first appeared in a hit song by a group of students back in 2008. And it still holds true today. With the Vondelpark, Cornelis Schuytstraat, and the Museum Quarter—home to the Rijksmuseum and the Van Gogh Museum—it’s a wonderful neighborhood to live in. The atmosphere of Amsterdam Zuid also makes it a popular place to live. The streets are wide, and there’s plenty of greenery in the area. And that’s a luxury you certainly don’t find in every neighborhood in Amsterdam…

Amsterdam Zuid's popularity reflected in quarterly report

Our quarterly report shows an upward trend in the price per square meter in Amsterdam Zuid again this quarter. If the current trend continues in both the willingness to outbid and home prices, the €10,000 mark will be reached by the end of September 2022. Currently, buyers are willing to pay €9,486 per square meter in Amsterdam Zuid.

The average asking price

The average asking price per square meter can be calculated by subtracting the percentage by which the price per square meter is exceeded. The percentage by which the asking price is exceeded has risen by half a percentage point to 11.8%. After doing the math, we arrive at an average asking price of €8,485 per square meter. 

In addition to an increase in the willingness to outbid, we are also seeing a rise in the number of days a home in Amsterdam Zuid remains on the market. On average, a home in Zuid is on the market for about 36 days before it is sold. By Amsterdam standards, this is relatively long, as the average for Amsterdam as a whole is 31 days.

As specialists in Amsterdam Zuid, we’re happy to help you buy or sell a home

Is this information useful to you? If so, we recommend downloading our quarterly reports. That way, you’ll receive a personalized report every quarter to keep you informed. And if you’re thinking of selling your home in Amsterdam Zuid, a team of real estate agents led by Wouter Thöne is here to assist you.