Copenhagen Apartment Prices Fall Again while Aarhus Hits Record High

Copenhagen apartment prices fell for a second month in a row.

Buying an owned apartment in the capital is slightly cheaper.

Data from property site Boligsiden shows prices dropped by one percent in September.

That follows a half percent drop in August.

It is the biggest monthly fall since March 2024.

Property economist Birgit Daetz said supply rose significantly in 2026.

Buyers now have more choice and face less competition.

However, Copenhagen prices remain high overall.

They are 15.7 percent higher than last year.

One square metre costs 75,414 Danish kroner on average.

Meanwhile, Aarhus apartment prices hit a new record.

Prices in Aarhus jumped 3.7 percent in September.

This is the third largest monthly rise since 2011.

One square metre in Aarhus costs 50,649 Danish kroner.

Nordea economist Lise Nytoft Bergmann commented on Aarhus.

A 100 square metre apartment there averages over five million kroner.

Aarhus prices increased 23.3 percent so far this year.

Bergmann warned that prices will soon hit a ceiling.

Across Denmark, overall apartment prices stayed flat in September.

Prices for detached, terrace, and summer houses rose 0.3 percent.

House prices rose in four of the five Danish regions.

Northern Jutland was the only region where house prices fell.

This story was reported by The Local Denmark.