Wednesday, September 19, 2018

Real estate resale market increases in Yekaterinburg

Real estate prices in the secondary market in Yekaterinburg have increased by 0.4 percent since the beginning of 2013, with each square foot becoming more expensive each week by 0.1-0.2 percent.

The average price for secondary housing is currently at $2,338.77, becoming more active since the new year, increasing the number of available items to 7,000, Mir66 reports.

Experts say that the rise in property prices is most dynamic in the city center. The most expensive areas of housing have an average cost of $3,057.09 per square foot.

Housing prices have risen by 0.4 percent, or $2,406.59, in the first zone, which includes the bus station, VIZ, Park, South-West, Botanical, Zarechny, Vtuzgorodok, Shartashskaya market and Pioneer, station. In the second zone, which includes Uralmash, Elmash, Zavokzalny, New Order, Siberian, blue stones, Uktus, Broad River, Academic and concrete products, there was a one percent jump, with an average price per meter of $2,143.94, Mir66 reports.

The third zone is the only place where prices dropped, falling 0.4 percent. This zone includes Chermet, S. Sorting, Himmash, Medical, compressor, Elizabeth, UC and State Farm. There was an increase of 0.8 percent, or $1,700.35, for apartments in the most remote areas of Yekaterinburg, which include the fourth zone of Shartash, Izoplit, Koltsovo, Poultry, H-Iset, Seven Keys, Ore and Istok.