Real Estate Market Review of Crimea





19.09.2010 15:57
Real Estate Market Analysis | Real Estate Market Review of Crimea In August 2010 there was stabilization of the real estate market in anticipation of the autumn growth of activity and prices.

Prices

According to the Trading System REM Navigator, in August 2010 the price of the Crimean properties remain unchanged (in USD).

In the secondary market in Simferopol average property prices in late August were:
* 1-bedroom apartments - 1090 USD/m2.
* 2-bedroom apartments - 1069 USD/m2.
* 3-bedroom apartments - 873 USD/m2.
* at home - 1153 USD/m2.

As expected, August, brought the price stabilization in all segments of Crimean estate. During the summer of calm behind us and the market is preparing for the forthcoming autumn phase of increased activity.


Proposal

Inflows of new facilities in August, was absent. Vendors wait for the fall of market signals.

Demand
Active buyers in August was moderate. But buyers were more pragmatic than in early summer. There was a slight increase in the number of trades.
www.remnavigator.com
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