Copenhagen Apartment Prices Could Fall as July Sales Drop

Copenhagen apartment prices could soon fall following a sharp drop in July sales. Data from property website Boligsiden shows housing demand in the capital is slowing down.

Only 407 owned apartments were sold in Copenhagen Municipality in July. This is 24 percent lower than June sales. It is also 40 percent lower than sales in July 2025.

Nordea bank property economist Lise Nytoft Bergmann analyzed the new sales figures. She told the Ritzau news wire that normal monthly sales are 400 to 600 apartments. Sales close to 400 historically signal that market prices could begin to fall.

Average apartment prices in Copenhagen did not rise between June and July. Across Denmark, overall apartment sales dropped by 22 percent compared to July last year.

Boligsiden property economist Birgit Daetz noted that housing supply is currently growing. She explained that plateauing prices and lower sales point to falling buyer demand in the capital. (Source: The Local Denmark)