Real estate market Höfe-March-Einsiedeln: Prices for residential property have risen by up to 300 percent since 2000.
For almost nine months now, we have also been operating an office at a central location in Pfäffikon SZ. The team, which has more than 20 years of experience in the region, focuses on the Höfe, March and Einsiedeln market areas.
One thing is certain: single-family homes and condominiums from Wollerau, Freienbach, Feusisberg and Lachen to Einsiedeln are still extremely sought after. Accordingly, transaction prices in all municipalities and segments are at new record levels; a break in this trend can be seen in that real estate prices are now moving sideways, this due to rising interest rates. However, supply ratios remain very low and are massively below the threshold of 6 percent up to which real estate markets are considered intact and efficient.
Prices nearly tripled
For upscale condominiums and the few single-family homes coming onto the market, up to CHF 22,000 per square meter of living space is now being paid in the Höfe region, and around 30 percent less in Einsiedeln. This constellation is also reflected in the building land prices, which are over CHF 3,000 per square meter in good locations in the Höfe district, and about half that in Einsiedeln. Generally speaking, transaction prices have almost tripled since the turn of the millennium, both for single-family houses and condominiums.
Knowledge of the local market is a guarantee for success
Our team assumes that the current excess demand will continue in the coming months and that the above-average transaction prices are therefore well supported. Christine Zeder, Head of Marketing Pfäffikon SZ at Ginesta Immobilien, confirms:
«The appeal of the communities in the Höfe and March districts remains good. We therefore expect stable high prices for residential property.»
Christine Zeder,
Leiterin Vermarktung Pfäffikon SZ
Are you looking for your dream property or do you have the desire to sell your property? Contact us, we have our finger on the real estate pulse - also in the canton of Schwyz. Since 1944, Ginesta Immobilien has been providing first-class services in the areas of real estate sales, rentals, property management and appraisals. More than 60 enthusiastic real estate experts look after our demanding clientele with the aim of maintaining or optimizing the value of a property and offering potential sellers and buyers of residential property a comprehensive, personal service.
