The number of ads for the urgent sale of apartments in Russia has reached its maximum value

The number of ads for the urgent sale of apartments in Russia has reached its maximum value

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The number of ads for the urgent sale of housing on the secondary market in Russia has increased by 85% since the beginning of March 2022 and amounted to 12.5 thousand. TASS . The number of ads across the market has increased by 29% since March.

The study was conducted in 37 Russian cities with a population of over 500 thousand people, as well as in the Moscow and Leningrad regions.

The share of ads with urgent sales, follows from the data, has reached 4% – this is the maximum value over the past three years. Growth began on March 2, peaking on July 1 – 3.9%. Thereafter, a decrease was observed. The next increase in the share and number of urgent sale ads was recorded from September 18th. “That is, the activity of owners in urgent sales began to grow even a few days before the announced partial mobilization,” the study notes.

The average cost of 1 square. m for ads with urgent sales at the beginning of November amounted to 100.8 thousand rubles, which is 5.1% lower than the average prices for the entire secondary market. In early March, the average discount reached 4.7%, in July the discount increased to a maximum value of 5.8%. The study notes that one in five apartments marked “urgent” is for sale in a new building that has been built in the last three years. Accordingly, the study says, apartment sellers “urgently withdraw previously invested funds.”

“Despite the record share of such ads, sellers are not ready to go for big discounts, but at the same time, buyers have more opportunities to bargain already in the process of substantive negotiations, and not at the stage of searching for ads. Relatively affordable mortgages, which did not exist in the spring of 2022, will allow maintaining average prices, which at that time led to a more rapid and prolonged growth in urgent sales, in contrast to the fall of 2022, ”the words of Alexei Popov, head of CIAN.Analytics, are quoted in the study. .

According to Avito Nedvizhimost, in the third quarter of 2022, the demand for secondary real estate in 33 cities of Russia increased by 31% compared to the local minimum recorded in the second quarter. At the same time, analysts also noted high discounts, the value of which reached from 5% to 10%. Analysts at the price aggregator Price.ru reported a drop in online demand for the purchase and rental of housing in the second half of September – early October against the background of the announcement of partial mobilization.

On the situation in the housing market in Moscow – in the material “Kommersant FM” “Real estate has lost its optimism”

Lusine Balasyan

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