Tuesday, December 12, 2017

Yekaterinburg housing market supply up 15 percent

Yekaterinburg's number of apartments and rooms that are for sale in the Ural Chamber of Real Estate’s database increased 15 percent in February, according to Ural Business Consulting.

During the past two months, the Yekaterinburg housing market supply has steadily risen in spite of price fluctuations, according to the Ural Chamber of Real Estate. As of today, there over 9,000 apartments and approximately 1,400 rooms within communal apartments for sale in Yekaterinburg. It takes on average five months to sell a home.

Despite these increases, housing costs have not changed significantly. Fluctuations have remained with a 1 percent range through the past two months. During the past four weeks, the housing prices have altered by 0.4 percent.

The average price per square meter in a Yekaterinburg apartment was $1,300 as of March 23.

Organizations in this story

Ural Business Consulting Yekaterinburg, Sverdlovsk Oblast

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