De Baarsjes Housing Market Q3 2021: Is De Baarsjes the most expensive neighborhood in Amsterdam?

De Baarsjes will never be Amsterdam’s most expensive neighborhood, but the price per square meter in De Baarsjes has risen by 18% over the past 12 months to €8,050. Prices per square meter are approaching those in Amsterdam’s city center, where prices rose by “only” 9% to €8,450.

The average transaction price varies considerably, ranging from €868,000 in the City Center to “just” €574,000 in De Baarsjes. The reason for this lies in the size of the homes. An average home in the City Center is over 100 square meters, compared to just over 70 square meters in De Baarsjes.

Housing is becoming unaffordable within the ring road

De Baarsjes is now one of the more expensive neighborhoods in Amsterdam. In Bos en Lommer, IJburg, Noord, Nieuw West, and Zuidoost, you can still buy a home at relatively reasonable prices, but many people find those areas too far from Dam Square. For people with an average income, buying a home within the Ring has become too expensive.

Shortage of housing supply

There are currently 1,500 houses and/or apartments for sale in Amsterdam. The number of transactions in Q3 fell by 20% compared to last year. The market in De Baarsjes is also in desperate need of new listings. Many first-time buyers have always purchased homes in De Baarsjes, but with an average transaction price of nearly €600,000, there are almost no first-time buyers who can still afford this.

Two steady jobs and a windfall from the parents still enable many people to buy a home. Many people are looking for their next home and want to buy first and sell later. Due to the reduced supply and the large number of buyers, the chances of successfully purchasing a home aren’t very high.

We're happy to help

Amsterdam at Home Real Estate relies on data and believes in people. Our agent Kaylee Römer, our specialist in the Baarsjes neighborhood, is here to help you successfully buy or sell a home! Feel free to contact us with no obligation.

If you're looking for a detailed report on housing market statistics for Amsterdam's De Baarsjes neighborhood, you've come to the right place.