Amsterdam housing prices dip 5.8% since January as smaller homes skew results
The housing prices in Amsterdam dropped by 5.8 percent in the first quarter of the year compared to the last three months of 2025, but the price per square meter remained high, Amsterdam realtor association MVA said in a quarterly review this week. Prices typically decline from the end of a fourth quarter to the end of the first quarter, but Amsterdam’s decrease outpaced the national average of 2.7 percent.
Housing prices did show an average decline in Amsterdam, but that was due to smaller apartments, and homes needing renovations and makeovers hitting the market. The price per square meter rose year-over-year by 1.8 percent to 8,344 euros, while the average transaction price fell by 2.3 percent to 562,000 euros.
Homes generally sold about 5.6 percent above asking price. Overbidding is still common in the capital, which has a long-standing housing shortage. Buyers overbid on nearly three-fourths of homes sold in Amsterdam from January through March.
Realtors in Amsterdam needed 36 days to close a deal, continuing a rising trend. Even though buyers have more time to make a decision, they still face the reality of the housing shortage in the capital, said local realtor association MVA.
“For buyers, this means that the total price tag of a house is sometimes somewhat lower, but you still pay a high amount per square meter compared to the rest of the Netherlands,” the association said on Thursday.
“At the same time, Amsterdam remains a difficult market for many home seekers, because supply can still be snapped up quickly in popular neighborhoods.”
About a third fewer residential properties went on the market in the first quarter compared to the end of 2025. The volume sales volume of 2,050 properties was slightly below the first quarter of last year.
However, there was a 17 percent decline in free-standing homes sold, and a 6 percent decrease in corner homes, with a jump in the number of duplexes and semi-detached homes up for sale. Apartment sales were relatively flat.
Sales prices in the first quarter are notably lower than fourth quarter in most cases. On average, home prices fell by 1.2 percent in the first three months of the last five years compared to the last quarter of the previous year.
