Prices for secondary housing increased by 8% in the last quarter of 2023 – Kommersant
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In the fourth quarter of 2023, prices for the purchase of secondary real estate increased by 8% per object and by 5% in terms of square meters. At the same time, the demand for secondary goods is only growing. This follows from the data of the Avito Real Estate study, which Kommersant has.
According to the results of the fourth quarter of 2023, housing prices in the old stock increased in all cities, with the exception of Moscow. In the capital, real estate on the secondary market, on the contrary, became cheaper – by 3% due to a decrease in the average area of properties from 57 to 54 square meters. m.
In terms of square meters, the cost of housing did not change in Voronezh and Sevastopol; in other cities it increased. The highest average cost of an apartment per square meter on the secondary market is in Moscow (RUB 306 thousand), Sochi (RUB 244 thousand), St. Petersburg (RUB 188 thousand) and Sevastopol (RUB 156 thousand) . The cheapest housing is in Bryansk (72 thousand rubles per sq. m), Ulyanovsk (74 thousand rubles) and Izhevsk (77 thousand rubles).
In 15 of the 33 cities that participated in the study, interest in buying older housing increased over three months. People began to look for such real estate more often in Nizhny Novgorod (+14%), Ulyanovsk (+9%), Tula, Tomsk, Volgograd (+7% each), Moscow, Tyumen (+6%) and eight other cities. Supply increased in five cities. At the same time, supply for all housing formats fell by 4%. Russians became interested in studios 5% more often, and properties with four rooms or more – 6% more often.
“Based on the results of the fourth quarter, we see a situation that was predicted three months ago: increases in prices and mortgage rates put sufficient pressure on the market so that the demand for housing in the old stock froze at the level of the indicators in the third quarter,” said Sergei Eremkin, head of the secondary housing department. and country real estate “Avito Real Estate”. Compared to the fourth quarter, the number of properties available for purchase decreased by 11%. In such a situation, the site expects a gradual increase in supply.
Why the cost of renting housing has increased sharply over the year – in the material “Tenants dismantled the apartments”.
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