In this year the most significant decrease in the average declared value of the filed Real Druzi, was recorded in the Dnieper and the Shevchenko district, a slight increase in the average declared value per square meter was observed in Goloseyevsky area.
Related article: Indicators of the real estate market in Kiev last week of 02/28/2011Least of all for the year decreased the average declared value of one-bedroom apartments - 7% on two and three bedroom apartments reduction of this figure was 9% and 10% respectively.
The velocity of lower average prices of actual transactions was higher than the rate of decline in the declared value: the gap between the average bid and the transaction, which in the first quarter was about 18% by the end of the fourth quarter increased to 23%. This is primarily due to the fact that the proposal constitute a major stake in the apartment business and premium class, while the share of transactions in these classes is low. At the same time, in November-December, buyers could expect to make major concessions on the part of owners, which also affected the average transaction price.