Aarhus · report
Past price cycles in Aarhus
Asking prices have fallen by 3% or more 4 times since 2004. The deepest began in August 2007.
- Deepest fall
- −9.1%
- Recovery from the low
- 23 months
Prices in Aarhus and in Denmark, indexed
Asking prices, both set to 100 in January 2004.
- Aarhus
- Denmark
- 100 = January 2004
Show the numbers
| Period | Aarhus | Denmark |
|---|---|---|
| Sep 2026 | 297.3 | 237.0 |
| Aug 2026 | 300.3 | 236.1 |
| Jul 2026 | 295.6 | 234.8 |
| Jun 2026 | 292.3 | 234.8 |
| May 2026 | 287.0 | 233.4 |
| Apr 2026 | 285.8 | 232.0 |
| Mar 2026 | 279.5 | 230.1 |
| Feb 2026 | 271.7 | 226.8 |
| Jan 2026 | 265.4 | 224.5 |
| Dec 2025 | 261.2 | 223.0 |
| Nov 2025 | 264.6 | 222.9 |
| Oct 2025 | 271.0 | 223.5 |
| Sep 2025 | 270.7 | 221.2 |
| Aug 2025 | 264.8 | 220.1 |
| Jul 2025 | 267.4 | 218.3 |
| Jun 2025 | 266.1 | 215.1 |
| May 2025 | 261.9 | 214.2 |
| Apr 2025 | 258.3 | 211.6 |
| Mar 2025 | 257.6 | 210.5 |
| Feb 2025 | 260.6 | 208.2 |
| Jan 2025 | 258.5 | 206.9 |
| Dec 2024 | 256.4 | 206.0 |
| Nov 2024 | 257.3 | 205.3 |
| Oct 2024 | 261.7 | 205.9 |
| Sep 2024 | 264.4 | 206.1 |
| Aug 2024 | 265.6 | 205.3 |
| Jul 2024 | 264.6 | 203.4 |
| Jun 2024 | 268.0 | 203.9 |
| May 2024 | 265.7 | 203.0 |
| Apr 2024 | 262.5 | 202.4 |
| Mar 2024 | 257.8 | 201.7 |
| Feb 2024 | 256.6 | 200.7 |
| Jan 2024 | 255.9 | 200.1 |
| Dec 2023 | 254.8 | 199.7 |
| Nov 2023 | 256.8 | 200.6 |
| Oct 2023 | 257.9 | 200.4 |
| Sep 2023 | 257.3 | 198.7 |
| Aug 2023 | 255.4 | 197.4 |
| Jul 2023 | 257.1 | 195.8 |
| Jun 2023 | 254.0 | 195.6 |
| May 2023 | 251.9 | 194.6 |
| Apr 2023 | 250.1 | 192.7 |
| Mar 2023 | 252.3 | 192.4 |
| Feb 2023 | 250.3 | 192.4 |
| Jan 2023 | 248.9 | 193.2 |
| Dec 2022 | 249.6 | 194.3 |
| Nov 2022 | 251.6 | 195.5 |
| Oct 2022 | 258.0 | 197.7 |
| Sep 2022 | 261.6 | 199.6 |
| Aug 2022 | 265.4 | 201.2 |
| Jul 2022 | 261.3 | 200.6 |
| Jun 2022 | 256.2 | 200.7 |
| May 2022 | 254.1 | 198.6 |
| Apr 2022 | 252.2 | 197.4 |
| Mar 2022 | 250.6 | 195.8 |
| Feb 2022 | 246.4 | 194.4 |
| Jan 2022 | 244.5 | 193.2 |
| Dec 2021 | 242.2 | 191.1 |
| Nov 2021 | 244.0 | 191.3 |
| Oct 2021 | 246.0 | 191.1 |
| Sep 2021 | 244.5 | 191.1 |
| Aug 2021 | 247.1 | 190.2 |
| Jul 2021 | 245.9 | 188.6 |
| Jun 2021 | 248.6 | 188.1 |
| May 2021 | 245.9 | 185.7 |
| Apr 2021 | 241.2 | 183.5 |
| Mar 2021 | 234.6 | 181.0 |
| Feb 2021 | 234.1 | 179.5 |
| Jan 2021 | 233.1 | 177.7 |
| Dec 2020 | 231.8 | 175.9 |
| Nov 2020 | 230.0 | 174.7 |
| Oct 2020 | 230.1 | 173.5 |
| Sep 2020 | 224.4 | 172.0 |
| Aug 2020 | 223.7 | 170.5 |
| Jul 2020 | 221.9 | 169.6 |
| Jun 2020 | 220.0 | 169.3 |
| May 2020 | 213.5 | 168.4 |
| Apr 2020 | 207.7 | 167.5 |
| Mar 2020 | 208.0 | 167.1 |
| Feb 2020 | 207.7 | 166.8 |
| Jan 2020 | 207.4 | 166.3 |
| Dec 2019 | 208.2 | 166.1 |
| Nov 2019 | 210.5 | 165.9 |
| Oct 2019 | 210.6 | 166.4 |
| Sep 2019 | 208.7 | 166.7 |
| Aug 2019 | 208.6 | 166.5 |
| Jul 2019 | 203.7 | 165.7 |
| Jun 2019 | 202.0 | 165.3 |
| May 2019 | 200.1 | 164.9 |
| Apr 2019 | 199.5 | 164.5 |
| Mar 2019 | 201.3 | 163.8 |
| Feb 2019 | 199.3 | 163.3 |
| Jan 2019 | 201.0 | 163.6 |
| Dec 2018 | 198.4 | 163.0 |
| Nov 2018 | 199.7 | 162.9 |
| Oct 2018 | 201.1 | 162.5 |
| Sep 2018 | 200.1 | 162.7 |
| Aug 2018 | 201.0 | 162.5 |
| Jul 2018 | 200.5 | 161.9 |
| Jun 2018 | 201.4 | 161.8 |
| May 2018 | 201.1 | 161.8 |
| Apr 2018 | 200.3 | 161.3 |
| Mar 2018 | 202.0 | 160.6 |
| Feb 2018 | 201.3 | 159.3 |
| Jan 2018 | 201.6 | 158.7 |
| Dec 2017 | 196.8 | 157.9 |
| Nov 2017 | 195.2 | 158.1 |
| Oct 2017 | 197.6 | 157.9 |
| Sep 2017 | 194.1 | 157.3 |
| Aug 2017 | 194.2 | 156.6 |
| Jul 2017 | 190.7 | 155.4 |
| Jun 2017 | 187.4 | 155.1 |
| May 2017 | 186.3 | 154.8 |
| Apr 2017 | 184.9 | 154.0 |
| Mar 2017 | 185.4 | 153.3 |
| Feb 2017 | 181.6 | 152.0 |
| Jan 2017 | 180.2 | 151.7 |
| Dec 2016 | 179.8 | 151.6 |
| Nov 2016 | 179.0 | 151.4 |
| Oct 2016 | 177.3 | 151.7 |
| Sep 2016 | 177.4 | 151.3 |
| Aug 2016 | 175.8 | 150.7 |
| Jul 2016 | 179.3 | 150.0 |
| Jun 2016 | 177.8 | 149.9 |
| May 2016 | 179.1 | 149.1 |
| Apr 2016 | 178.8 | 148.6 |
| Mar 2016 | 180.8 | 148.5 |
| Feb 2016 | 180.7 | 147.2 |
| Jan 2016 | 179.9 | 146.9 |
| Dec 2015 | 177.9 | 146.8 |
| Nov 2015 | 178.6 | 146.9 |
| Oct 2015 | 179.0 | 146.6 |
| Sep 2015 | 176.1 | 145.9 |
| Aug 2015 | 176.8 | 145.2 |
| Jul 2015 | 174.9 | 144.4 |
| Jun 2015 | 175.9 | 144.7 |
| May 2015 | 174.8 | 144.0 |
| Apr 2015 | 174.1 | 143.2 |
| Mar 2015 | 172.0 | 142.4 |
| Feb 2015 | 170.7 | 141.2 |
| Jan 2015 | 171.3 | 141.1 |
| Dec 2014 | 173.9 | 141.2 |
| Nov 2014 | 173.4 | 141.3 |
| Oct 2014 | 171.6 | 140.9 |
| Sep 2014 | 171.2 | 140.6 |
| Aug 2014 | 170.3 | 140.3 |
| Jul 2014 | 171.8 | 139.9 |
| Jun 2014 | 171.2 | 139.7 |
| May 2014 | 169.3 | 139.7 |
| Apr 2014 | 169.1 | 139.6 |
| Mar 2014 | 165.1 | 139.1 |
| Feb 2014 | 165.2 | 138.6 |
| Jan 2014 | 163.5 | 138.3 |
| Dec 2013 | 163.5 | 138.0 |
| Nov 2013 | 161.7 | 138.2 |
| Oct 2013 | 163.8 | 138.6 |
| Sep 2013 | 165.5 | 138.3 |
| Aug 2013 | 166.5 | 138.2 |
| Jul 2013 | 165.7 | 138.3 |
| Jun 2013 | 165.0 | 138.6 |
| May 2013 | 166.5 | 138.9 |
| Apr 2013 | 165.8 | 138.8 |
| Mar 2013 | 164.5 | 138.9 |
| Feb 2013 | 163.8 | 138.5 |
| Jan 2013 | 164.6 | 138.7 |
| Dec 2012 | 164.4 | 138.9 |
| Nov 2012 | 166.0 | 139.0 |
| Oct 2012 | 166.5 | 139.3 |
| Sep 2012 | 167.7 | 139.6 |
| Aug 2012 | 167.1 | 139.7 |
| Jul 2012 | 167.1 | 139.9 |
| Jun 2012 | 167.2 | 140.3 |
| May 2012 | 168.4 | 140.2 |
| Apr 2012 | 169.2 | 140.7 |
| Mar 2012 | 172.0 | 141.3 |
| Feb 2012 | 173.3 | 141.5 |
| Jan 2012 | 171.6 | 142.3 |
| Dec 2011 | 170.9 | 142.7 |
| Nov 2011 | 171.6 | 143.6 |
| Oct 2011 | 172.9 | 144.8 |
| Sep 2011 | 173.7 | 145.8 |
| Aug 2011 | 173.8 | 146.3 |
| Jul 2011 | 174.3 | 146.8 |
| Jun 2011 | 174.3 | 147.2 |
| May 2011 | 173.7 | 148.2 |
| Apr 2011 | 173.2 | 148.3 |
| Mar 2011 | 172.3 | 148.5 |
| Feb 2011 | 172.9 | 149.0 |
| Jan 2011 | 172.1 | 148.9 |
| Dec 2010 | 170.7 | 149.1 |
| Nov 2010 | 172.0 | 149.6 |
| Oct 2010 | 169.5 | 150.0 |
| Sep 2010 | 170.2 | 150.3 |
| Aug 2010 | 172.1 | 150.4 |
| Jul 2010 | 171.8 | 150.5 |
| Jun 2010 | 171.3 | 150.5 |
| May 2010 | 170.7 | 150.9 |
| Apr 2010 | 169.0 | 150.9 |
| Mar 2010 | 171.1 | 151.0 |
| Feb 2010 | 170.9 | 151.0 |
| Jan 2010 | 171.4 | 151.2 |
| Dec 2009 | 171.2 | 151.3 |
| Nov 2009 | 171.6 | 151.3 |
| Oct 2009 | 172.8 | 151.4 |
| Sep 2009 | 170.8 | 151.5 |
| Aug 2009 | 171.3 | 151.9 |
| Jul 2009 | 167.7 | 152.2 |
| Jun 2009 | 166.9 | 152.3 |
| May 2009 | 165.5 | 152.9 |
| Apr 2009 | 166.4 | 153.5 |
| Mar 2009 | 167.5 | 154.4 |
| Feb 2009 | 169.0 | 155.6 |
| Jan 2009 | 171.6 | 157.7 |
| Dec 2008 | 171.8 | 159.1 |
| Nov 2008 | 172.7 | 160.7 |
| Oct 2008 | 174.3 | 163.1 |
| Sep 2008 | 176.1 | 165.1 |
| Aug 2008 | 177.0 | 166.5 |
| Jul 2008 | 177.1 | 167.3 |
| Jun 2008 | 177.5 | 167.9 |
| May 2008 | 176.6 | 168.3 |
| Apr 2008 | 173.0 | 167.4 |
| Mar 2008 | 170.9 | 167.3 |
| Feb 2008 | 174.9 | 168.1 |
| Jan 2008 | 174.3 | 168.1 |
| Dec 2007 | 175.9 | 168.8 |
| Nov 2007 | 175.8 | 168.6 |
| Oct 2007 | 174.9 | 168.7 |
| Sep 2007 | 176.7 | 168.9 |
| Aug 2007 | 177.8 | 168.4 |
| Jul 2007 | 177.5 | 167.7 |
| Jun 2007 | 176.9 | 167.3 |
| May 2007 | 175.7 | 165.7 |
| Apr 2007 | 176.5 | 165.7 |
| Mar 2007 | 173.8 | 164.9 |
| Feb 2007 | 174.4 | 164.3 |
| Jan 2007 | 173.2 | 163.3 |
| Dec 2006 | 174.6 | 163.1 |
| Nov 2006 | 175.7 | 162.2 |
| Oct 2006 | 176.5 | 161.3 |
| Sep 2006 | 176.3 | 160.8 |
| Aug 2006 | 174.8 | 159.0 |
| Jul 2006 | 174.4 | 157.2 |
| Jun 2006 | 173.2 | 155.9 |
| May 2006 | 170.2 | 153.1 |
| Apr 2006 | 170.6 | 150.7 |
| Mar 2006 | 165.2 | 147.4 |
| Feb 2006 | 165.1 | 143.9 |
| Jan 2006 | 160.2 | 140.6 |
| Dec 2005 | 153.5 | 138.5 |
| Nov 2005 | 155.9 | 135.6 |
| Oct 2005 | 153.6 | 132.7 |
| Sep 2005 | 140.8 | 129.4 |
| Aug 2005 | 136.1 | 126.4 |
| Jul 2005 | 131.0 | 123.2 |
| Jun 2005 | 127.6 | 121.1 |
| May 2005 | 124.4 | 118.4 |
| Apr 2005 | 122.6 | 116.2 |
| Mar 2005 | 120.8 | 114.2 |
| Feb 2005 | 116.9 | 112.5 |
| Jan 2005 | 111.5 | 110.5 |
| Dec 2004 | 111.0 | 109.5 |
| Nov 2004 | 110.9 | 108.8 |
| Oct 2004 | 111.3 | 107.7 |
| Sep 2004 | 108.9 | 106.2 |
| Aug 2004 | 109.6 | 105.4 |
| Jul 2004 | 106.5 | 104.6 |
| Jun 2004 | 104.8 | 103.6 |
| May 2004 | 104.0 | 102.9 |
| Apr 2004 | 101.1 | 102.1 |
| Mar 2004 | 100.1 | 101.3 |
| Feb 2004 | 99.2 | 100.6 |
| Jan 2004 | 100.0 | 100.0 |
Every fall of 3% or more
From the peak to the lowest month after it, and how long prices took to get back.
| Peak | Low | Fall | Months falling | Months to recover |
|---|---|---|---|---|
| August 2007 | November 2013 | −9.1% | 75 | 23 |
| August 2022 | January 2023 | −6.2% | 5 | 16 |
| June 2024 | December 2024 | −4.3% | 6 | 9 |
| October 2025 | December 2025 | −3.6% | 2 | 2 |
Denmark against the EU since 2015
Eurostat's house price index for all dwellings, 2015 = 100. National figures, comparable across member states.
- Denmark
- EU
- 2015 = 100
Show the numbers
| Period | Denmark | EU |
|---|---|---|
| Q2 2026 | 165.6 | 168.6 |
| Q1 2026 | 161.1 | 166.5 |
| Q4 2025 | 156.7 | 164.6 |
| Q3 2025 | 154.6 | 163.5 |
| Q2 2025 | 151.3 | 161.0 |
| Q1 2025 | 148.8 | 158.5 |
| Q4 2024 | 145.6 | 156.2 |
| Q3 2024 | 145.3 | 155.1 |
| Q2 2024 | 141.0 | 152.7 |
| Q1 2024 | 136.7 | 149.8 |
| Q4 2023 | 140.3 | 148.9 |
| Q3 2023 | 138.1 | 149.1 |
| Q2 2023 | 135.7 | 148.2 |
| Q1 2023 | 135.2 | 147.6 |
| Q4 2022 | 141.1 | 148.7 |
| Q3 2022 | 144.4 | 150.9 |
| Q2 2022 | 144.0 | 149.6 |
| Q1 2022 | 141.5 | 146.2 |
| Q4 2021 | 140.1 | 143.2 |
| Q3 2021 | 139.8 | 140.2 |
| Q2 2021 | 136.2 | 136.0 |
| Q1 2021 | 129.0 | 132.1 |
| Q4 2020 | 126.0 | 129.8 |
| Q3 2020 | 123.7 | 128.1 |
| Q2 2020 | 120.8 | 126.3 |
| Q1 2020 | 118.3 | 124.4 |
| Q4 2019 | 117.5 | 122.7 |
| Q3 2019 | 118.7 | 121.5 |
| Q2 2019 | 117.4 | 119.8 |
| Q1 2019 | 114.9 | 117.6 |
| Q4 2018 | 114.7 | 116.8 |
| Q3 2018 | 116.1 | 115.9 |
| Q2 2018 | 115.9 | 114.2 |
| Q1 2018 | 111.6 | 112.3 |
| Q4 2017 | 111.6 | 111.2 |
| Q3 2017 | 112.3 | 110.4 |
| Q2 2017 | 109.8 | 108.8 |
| Q1 2017 | 105.3 | 106.9 |
| Q4 2016 | 107.1 | 106.1 |
| Q3 2016 | 107.7 | 105.4 |
| Q2 2016 | 104.2 | 103.8 |
| Q1 2016 | 99.3 | 102.0 |
| Q4 2015 | 102.8 | 101.1 |
| Q3 2015 | 102.6 | 100.8 |
| Q2 2015 | 100.2 | 99.8 |
| Q1 2015 | 94.5 | 98.3 |
Statistics Denmark's price index of one-family houses goes back to 1992 for Denmark and its regions; municipalities use Finans Danmark's asking prices for houses, monthly since 2004. A fall counts once prices drop 3% below a peak, and ends when they are back at it.
Other reports for Aarhus
Asking prices have an 80% chance of landing between DKK 38,868/m² and DKK 46,422/m² by September 2027.
- Expected, September 2027
- DKK 42,645/m²
- Chance of a rise
- 92%
At the average sale price of houses, a 90 m² home costs DKK 2,811,870. With 10% down and a 30-year mortgage, the payment is DKK 12,054 a month. Denmark sets no cap on the payment; lenders treat debt above four times gross income as high.
- Payment, two incomes
- 25%
- Payment, one income
- 51%
Houses sold in Q2 2026 had first been offered at 3.4% more than they fetched. A year ago the gap was +5.0%.
- Gap today
- +3.4%
- Change in a year
- −1.7 pp
64.2% fewer homes were licensed for construction in the last 12 months than in an average year of the past decade.
- Licensed, 12 months
- 1,294
- Per 1,000 residents
- 3.4
In 2025 the population grew by 4,949 while 2,177 homes were finished: 2.3 new residents for every new home.
- New residents per new home, 2025
- 2.3
- Population change, 2025
- +4,949
4.0% of the 194,324 homes registered on 1 January 2026 had nobody living in them.
- Empty, 2026
- 4.0%
- Empty homes
- 7,801
In 2025, 3% of the homes added came from existing buildings rather than new ones.
- Homes from existing buildings, 2025
- 3%