The Russian city with the most expensive apartments in January has been named
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Prices for primary economy class housing continue to rise
A square meter in new buildings increased in price over the month in sixty-two of seventy large Russian cities, fell in price in seven, and remained unchanged in one. Analysts noted the largest increase in Cherepovets – plus 7.7%. In the same city, the average cost of residential premises increased the most – by 8.6%.
The price of a “square” in new buildings in Cherepovets reached 112 thousand rubles, apartments – 7.1 million. Housing prices in Ufa have risen quite significantly – by 7.1%, to 155 thousand rubles per square meter and 7.3 million per apartment.
In Moscow, the “square” increased in January by 0.4%, to 349 thousand rubles. The average cost of an apartment in a new building is 19.5 million. Sochi overtook the capital in terms of price growth and took first place in the ranking: plus 0.8% per square meter (355 thousand rubles). True, housing in the southern capital will cost less on average: according to the latest data, it can cost 13.2 million. The lower price is due to the smaller area of the apartments. The lowest price per square meter is in Grozny, 70 thousand rubles.
Over the month, apartments in new buildings in Nizhny Tagil (minus 3.6%, 4.3 million rubles on average for housing), Grozny (minus 3%, 5.1 million), Makhachkala (minus 2.9%, 5.8 million) fell in price ), St. Petersburg (minus 2.5%, 12.1 million rubles). In Irkutsk, the price of an apartment has not changed – 8 million rubles.
If we take statistics for all Russian cities, a square meter of new buildings on average increased by 1.8%, to 130 thousand rubles, and the price of an apartment increased by 1.7%, to 6.9 million rubles.
“In January, new buildings are still showing growth,” says Pavel Lutsenko, general director of the federal portal “World of Apartments.” “But, unlike December 2023, when prices were fueled by rush demand, a decline began in a number of cities. Most likely, the trend will continue in February and March, since the issuance of preferential mortgages has dropped significantly, many banks have reduced the number of affiliated developers.
As for the increase in prices over the year, the “square” in the primary market across the country increased by 18.2%, apartments – by 18.6%.
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