Apartments in Kiev continues to become cheaper

25.03.2011 17:14
Real Estate Market Analysis | Apartments in Kiev continues to become cheaper Cheaper almost all areas and types of housing, the greatest rate of decline observed in close to the center of the territorial zone.

With the advent of spring, the housing market in the capital a little excited. Realtors say about lowering prices, while the fall in the price of virtually all types of apartments, except for apartments in modern homes, says Case.

Related article: Indicators of real estate market in Kiev last week of 09/12/2011

In this case, there is an interesting trend: the cost of one-bedroom apartments in "Khrushchev" virtually indistinguishable from full-fledged studio apartment in modern homes. Meanwhile, more and more buyers go to the primary market, which certainly reduces the amount of the secondary market.

In early March, analysts have documented the value of the index of residential property in the amount of 1,827.67 dollars per sq ft, which is practically equal to the minimum observed in April 2009, the analyst told the publication of the Union real estate professionals (SSNU) Vsevolod Zhogolev. According to him, getting cheaper almost all areas and types of housing. Thus the greatest rate of decline observed in close to the center of the territorial zone.

The only segment that, according to statistics SSNU actually resists reduction - the apartments in modern homes.

According to the association, the cost of apartments with average parameters in Kiev on 18 March was as follows:

- Studio apartment in a hotel-type - $ 52 thousand 246;

- A standard one-bedroom apartment - $ 71 thousand 204;

- One bedroom apartment - $ 96 thousand 861;

- Two-bedroom apartment - $ 129 thousand 179.

Average cost 1-bedroom apartment (average prices offered by owners and realtors) in March, virtually unchanged at 55 thousand cu In February, the figure was 56 thousand cu

For its part, an analyst with "SV Development" Sergei Kostecki said that during this month house prices have stood still. "Falling prices can only see when you look at the bid price, but the price of real transactions, even a little grown up" - he said.

Meanwhile, analysis of bid prices in the databases of ads shows a pronounced decline. So, according to the base ad "Avizo, the prices offered by sellers for a 1-room apartments fell by an average of 1,484 USD, for a 2-bedroom - 3948 Euro, 3-bedroom - 1350 Euro (For the period from 8 to March 23).
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