Imofolio

København · report

Past price cycles in København

Asking prices have fallen by 3% or more 7 times since 2004. The deepest began in October 2006.

Deepest fall
−23.1%
Recovery from the low
72 months

Prices in København and in Denmark, indexed

Asking prices, both set to 100 in January 2004.

  • København
  • Denmark
  • 100 = January 2004
Show the numbers
PeriodKøbenhavnDenmark
Sep 2026413.7237.0
Aug 2026418.6236.1
Jul 2026423.8234.8
Jun 2026432.2234.8
May 2026437.2233.4
Apr 2026438.9232.0
Mar 2026430.6230.1
Feb 2026408.5226.8
Jan 2026386.3224.5
Dec 2025392.6223.0
Nov 2025400.6222.9
Oct 2025407.2223.5
Sep 2025397.0221.2
Aug 2025401.9220.1
Jul 2025393.5218.3
Jun 2025402.1215.1
May 2025396.5214.2
Apr 2025380.5211.6
Mar 2025380.4210.5
Feb 2025375.5208.2
Jan 2025365.8206.9
Dec 2024355.6206.0
Nov 2024346.1205.3
Oct 2024346.3205.9
Sep 2024349.1206.1
Aug 2024356.4205.3
Jul 2024350.5203.4
Jun 2024352.1203.9
May 2024355.5203.0
Apr 2024358.8202.4
Mar 2024355.0201.7
Feb 2024354.4200.7
Jan 2024351.8200.1
Dec 2023348.4199.7
Nov 2023347.9200.6
Oct 2023345.9200.4
Sep 2023335.3198.7
Aug 2023332.4197.4
Jul 2023314.8195.8
Jun 2023317.1195.6
May 2023311.9194.6
Apr 2023307.5192.7
Mar 2023315.1192.4
Feb 2023317.9192.4
Jan 2023315.5193.2
Dec 2022321.5194.3
Nov 2022323.9195.5
Oct 2022322.8197.7
Sep 2022329.8199.6
Aug 2022341.2201.2
Jul 2022341.8200.6
Jun 2022346.4200.7
May 2022347.0198.6
Apr 2022337.3197.4
Mar 2022344.6195.8
Feb 2022343.6194.4
Jan 2022340.4193.2
Dec 2021327.2191.1
Nov 2021327.6191.3
Oct 2021303.1191.1
Sep 2021306.4191.1
Aug 2021302.6190.2
Jul 2021288.4188.6
Jun 2021292.4188.1
May 2021293.6185.7
Apr 2021293.5183.5
Mar 2021289.8181.0
Feb 2021285.4179.5
Jan 2021281.6177.7
Dec 2020279.9175.9
Nov 2020283.2174.7
Oct 2020270.7173.5
Sep 2020258.4172.0
Aug 2020254.0170.5
Jul 2020256.7169.6
Jun 2020255.5169.3
May 2020250.5168.4
Apr 2020252.4167.5
Mar 2020250.6167.1
Feb 2020248.5166.8
Jan 2020241.9166.3
Dec 2019242.2166.1
Nov 2019239.0165.9
Oct 2019239.6166.4
Sep 2019242.4166.7
Aug 2019244.5166.5
Jul 2019244.2165.7
Jun 2019238.4165.3
May 2019241.3164.9
Apr 2019241.0164.5
Mar 2019240.5163.8
Feb 2019235.9163.3
Jan 2019239.3163.6
Dec 2018241.8163.0
Nov 2018239.7162.9
Oct 2018241.8162.5
Sep 2018249.0162.7
Aug 2018249.6162.5
Jul 2018246.2161.9
Jun 2018246.6161.8
May 2018243.9161.8
Apr 2018243.9161.3
Mar 2018238.3160.6
Feb 2018237.7159.3
Jan 2018234.4158.7
Dec 2017228.3157.9
Nov 2017235.1158.1
Oct 2017231.2157.9
Sep 2017234.2157.3
Aug 2017233.8156.6
Jul 2017220.8155.4
Jun 2017215.5155.1
May 2017215.6154.8
Apr 2017207.9154.0
Mar 2017211.1153.3
Feb 2017210.0152.0
Jan 2017209.3151.7
Dec 2016212.0151.6
Nov 2016209.8151.4
Oct 2016215.9151.7
Sep 2016212.1151.3
Aug 2016208.1150.7
Jul 2016202.2150.0
Jun 2016202.3149.9
May 2016195.2149.1
Apr 2016195.8148.6
Mar 2016195.2148.5
Feb 2016190.5147.2
Jan 2016193.7146.9
Dec 2015195.0146.8
Nov 2015194.1146.9
Oct 2015193.1146.6
Sep 2015192.6145.9
Aug 2015189.5145.2
Jul 2015186.0144.4
Jun 2015185.7144.7
May 2015180.6144.0
Apr 2015177.6143.2
Mar 2015178.3142.4
Feb 2015177.7141.2
Jan 2015175.1141.1
Dec 2014172.4141.2
Nov 2014169.9141.3
Oct 2014168.8140.9
Sep 2014170.7140.6
Aug 2014170.8140.3
Jul 2014170.3139.9
Jun 2014167.8139.7
May 2014171.0139.7
Apr 2014170.7139.6
Mar 2014167.6139.1
Feb 2014167.0138.6
Jan 2014162.9138.3
Dec 2013161.9138.0
Nov 2013163.1138.2
Oct 2013160.7138.6
Sep 2013155.2138.3
Aug 2013151.2138.2
Jul 2013151.0138.3
Jun 2013151.3138.6
May 2013152.0138.9
Apr 2013150.6138.8
Mar 2013150.5138.9
Feb 2013148.6138.5
Jan 2013148.9138.7
Dec 2012153.3138.9
Nov 2012152.4139.0
Oct 2012152.7139.3
Sep 2012150.8139.6
Aug 2012148.5139.7
Jul 2012149.3139.9
Jun 2012150.7140.3
May 2012149.9140.2
Apr 2012152.6140.7
Mar 2012153.4141.3
Feb 2012152.8141.5
Jan 2012153.1142.3
Dec 2011152.8142.7
Nov 2011153.1143.6
Oct 2011153.9144.8
Sep 2011154.9145.8
Aug 2011156.0146.3
Jul 2011156.1146.8
Jun 2011157.3147.2
May 2011158.2148.2
Apr 2011154.9148.3
Mar 2011156.9148.5
Feb 2011157.2149.0
Jan 2011150.2148.9
Dec 2010146.9149.1
Nov 2010147.3149.6
Oct 2010149.4150.0
Sep 2010150.7150.3
Aug 2010151.8150.4
Jul 2010149.9150.5
Jun 2010150.8150.5
May 2010150.5150.9
Apr 2010150.2150.9
Mar 2010151.5151.0
Feb 2010151.5151.0
Jan 2010149.6151.2
Dec 2009149.1151.3
Nov 2009145.0151.3
Oct 2009144.5151.4
Sep 2009143.5151.5
Aug 2009144.2151.9
Jul 2009142.8152.2
Jun 2009142.4152.3
May 2009143.2152.9
Apr 2009143.5153.5
Mar 2009142.6154.4
Feb 2009145.6155.6
Jan 2009149.3157.7
Dec 2008150.5159.1
Nov 2008154.3160.7
Oct 2008158.7163.1
Sep 2008161.7165.1
Aug 2008165.2166.5
Jul 2008166.3167.3
Jun 2008167.3167.9
May 2008167.1168.3
Apr 2008165.7167.4
Mar 2008165.2167.3
Feb 2008165.4168.1
Jan 2008166.9168.1
Dec 2007171.6168.8
Nov 2007170.0168.6
Oct 2007170.7168.7
Sep 2007173.8168.9
Aug 2007171.8168.4
Jul 2007174.0167.7
Jun 2007174.1167.3
May 2007175.1165.7
Apr 2007176.2165.7
Mar 2007177.9164.9
Feb 2007178.9164.3
Jan 2007180.5163.3
Dec 2006181.2163.1
Nov 2006182.8162.2
Oct 2006185.2161.3
Sep 2006183.8160.8
Aug 2006183.1159.0
Jul 2006181.2157.2
Jun 2006179.1155.9
May 2006178.3153.1
Apr 2006174.1150.7
Mar 2006171.2147.4
Feb 2006165.7143.9
Jan 2006160.9140.6
Dec 2005157.2138.5
Nov 2005152.7135.6
Oct 2005152.1132.7
Sep 2005148.6129.4
Aug 2005146.5126.4
Jul 2005144.0123.2
Jun 2005142.9121.1
May 2005135.6118.4
Apr 2005127.4116.2
Mar 2005124.4114.2
Feb 2005124.3112.5
Jan 2005121.1110.5
Dec 2004118.1109.5
Nov 2004117.0108.8
Oct 2004114.2107.7
Sep 2004108.6106.2
Aug 2004108.6105.4
Jul 2004105.9104.6
Jun 2004107.0103.6
May 2004103.4102.9
Apr 2004103.8102.1
Mar 2004103.7101.3
Feb 2004101.7100.6
Jan 2004100.0100.0

Every fall of 3% or more

From the peak to the lowest month after it, and how long prices took to get back.

PeakLowFallMonths fallingMonths to recover
October 2006June 2009−23.1%3272
October 2016April 2017−3.7%63
August 2018February 2019−5.5%613
May 2022April 2023−11.4%117
April 2024November 2024−3.6%72
October 2025January 2026−5.1%31
April 2026September 2026−5.7%5Not yet

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
PeriodDenmarkEU
Q2 2026165.6168.6
Q1 2026161.1166.5
Q4 2025156.7164.6
Q3 2025154.6163.5
Q2 2025151.3161.0
Q1 2025148.8158.5
Q4 2024145.6156.2
Q3 2024145.3155.1
Q2 2024141.0152.7
Q1 2024136.7149.8
Q4 2023140.3148.9
Q3 2023138.1149.1
Q2 2023135.7148.2
Q1 2023135.2147.6
Q4 2022141.1148.7
Q3 2022144.4150.9
Q2 2022144.0149.6
Q1 2022141.5146.2
Q4 2021140.1143.2
Q3 2021139.8140.2
Q2 2021136.2136.0
Q1 2021129.0132.1
Q4 2020126.0129.8
Q3 2020123.7128.1
Q2 2020120.8126.3
Q1 2020118.3124.4
Q4 2019117.5122.7
Q3 2019118.7121.5
Q2 2019117.4119.8
Q1 2019114.9117.6
Q4 2018114.7116.8
Q3 2018116.1115.9
Q2 2018115.9114.2
Q1 2018111.6112.3
Q4 2017111.6111.2
Q3 2017112.3110.4
Q2 2017109.8108.8
Q1 2017105.3106.9
Q4 2016107.1106.1
Q3 2016107.7105.4
Q2 2016104.2103.8
Q1 201699.3102.0
Q4 2015102.8101.1
Q3 2015102.6100.8
Q2 2015100.299.8
Q1 201594.598.3

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 København

Asking prices have an 80% chance of landing between DKK 65,171/m² and DKK 88,371/m² by September 2027.

Expected, September 2027
DKK 76,771/m²
Chance of a rise
36%

At the average sale price of houses, a 90 m² home costs DKK 5,907,780. With 10% down and a 30-year mortgage, the payment is DKK 25,326 a month. Denmark sets no cap on the payment; lenders treat debt above four times gross income as high.

Payment, two incomes
52%
Payment, one income
104%

Houses sold in Q2 2026 had first been offered at 4.6% more than they fetched. A year ago the gap was +3.8%.

Gap today
+4.6%
Change in a year
+0.8 pp

42.4% fewer homes were licensed for construction in the last 12 months than in an average year of the past decade.

Licensed, 12 months
2,898
Per 1,000 residents
4.3

In 2025 the population grew by 4,626 while 2,920 homes were finished: 1.6 new residents for every new home.

New residents per new home, 2025
1.6
Population change, 2025
+4,626

4.8% of the 348,477 homes registered on 1 January 2026 had nobody living in them.

Empty, 2026
4.8%
Empty homes
16,711

In 2025, 5% of the homes added came from existing buildings rather than new ones.

Homes from existing buildings, 2025
5%