Tools · Buy

Purchase price check: Is the price appropriate?

Listing data

Compare the asking price of an apartment or house with the market in the district - with source and status for each number.

Illustration (AI generated): Symbolic illustration on the topic “Purchase price check: Is the price appropriate?”
Asking price per m² compared to the market
Input

Which property would you like to check?

Type of property

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Classification

How to read the result

  1. 01Compare one offer with anotherWe compare asking prices per m², not prices in notarised sale agreements. The negotiated price is usually somewhat lower.
  2. 02Six levels instead of apparent precision“Close to the asking-price median” means less than 7% from the median of observed listings; this is not an individual valuation. The band thresholds are shown right next to the result.
  3. 03What we don't seeCondition, amenities, floor and micro-location. They often explain large differences.
  4. Value your apartment →Prices in Düsseldorf →Prepare purchase inspection →
Questions

Frequently asked questions

F-01

What is the asking price compared to?

We use the median asking price per m² of comparable listings in the district, or across the town if the district has fewer than 10 listings. This compares asking prices with asking prices, not with prices recorded in notarised sales.

F-02

What does “close to the asking-price median” mean?

The price per m² is less than 7% above or below the median of comparable offers. This is a comparison of observed asking prices, not a determination of market value or a reasonable purchase price. Further comparison levels follow above and below.

F-03

Is this a valuation of the property?

No. We don't know the condition, equipment, floor or exact location. To get a comprehensible value of your own apartment, use the property valuation; to get a legally reliable value, use a market value report.

F-04

Will my information be saved?

No. Price and living space are only used for comparison and are not saved.

Data sources

Official source · Our own calculation · Our own analysis · DDORF estimate → Methodology

  • Our own analysisOur own analysisOur own analysis based on publicly available source data.Methodology
  • Our own analysisYour detailsPurchase price according to the advertisement and living spacenot saved

As of · Source: Our own analysis