Imofolio
Compare

Commune · data to December 2022

House prices in Reckange-sur-Mess

Existing apartments in Reckange-sur-Mess sold for an average €8,522 per m² in 2022, up 19.1% on the year before.

Average sale price per m², existing apartments
€8,522/m²
Change in a year
+19.1%

Reckange-sur-Mess: +110.4% in 12 years

Mean sale price per m² of existing apartments, by year

  • Reckange-sur-Mess
  • Esch canton
  • Luxembourg
Show the numbers
YearReckange-sur-MessEsch cantonLuxembourg
2022€8,522/m²€7,919/m²€8,734/m²
2021€7,157/m²€7,330/m²€8,105/m²
2017€4,443/m²€4,472/m²€5,103/m²
2016€4,455/m²€4,200/m²€4,795/m²
2015€4,448/m²€3,992/m²€4,471/m²
2010€4,050/m²€3,413/m²€3,664/m²

Reports for Reckange-sur-Mess

Each report opens the full series and the assumptions behind these figures.

Figures for Luxembourg: Reckange-sur-Mess has no reliable figures of its own.

At the average sale price of existing apartments, a 90 m² home costs €766,987. With 10% down and a 30-year mortgage, the payment is €3,134 a month. Luxembourg sets no cap on the payment; the CSSF caps the loan at 100% of the home's value for first-time buyers who will live in it, 90% for other owner-occupiers and 80% for other buyers.

Payment, two incomes
24%
Payment, one income
48%

Owning and renting a 90 m² apartment cost about the same each month. Owning counts interest, running costs and the return the deposit could earn, at the mean price existing apartments sold for; rent is the asking rent. Repaying the loan is saving, so it is left out.

Rent per month
€2,968
Owning per month
€3,030

In 2022, apartments were advertised at 5.6% less per m² than apartments sold for. A year ago the gap was +21.4%.

Gap today
−5.6%
Change in a year
−27.0 pp

Figures for Luxembourg: Reckange-sur-Mess has no reliable figures of its own.

18.7% fewer homes were licensed for construction in the last 12 months than in an average year of the past decade.

Licensed, 12 months
3,914

1.6% of the 1,001 homes counted in the 2021 census had nobody resident in them.

Empty, 2021 census
1.6%
Empty homes
16