Statistics: in Sevastopol, the demand for apartments in new buildings in the II quarter decreased by 18%

CrimeaPRESS reports:

Analysts of Avito Nedvizhimost summed up the results of the second quarter of 2023 in the primary housing market. Compared to the first three months of the year, the demand for buying apartments in new buildings decreased by 6%: the interest of platform visitors in odnushki apartments decreased by 5%, in dvushki and treshka apartments by 7%, in objects with four rooms or more — on 10%. The demand for studios has not changed over the past three months. At the same time, supply increased by 12%.

Development projects usually have a cycle of several years, so housing continues to enter the market, which was designed and built taking into account the demand for objects in 2020-2021. The current situation, where the imbalance between supply and demand is increasing, will continue to shape the buyer’s market. And developers in such conditions are forced to stimulate interest in their objects with the help of discounts and promotions: from interest-free installments and mortgage subsidies to certificates for parking spaces, storage rooms and furniture— commented Dmitry Alekseev, head of primary real estate at Avito Nedvizhimost.

Only in two of the 33 cities participating in the Avito Nedvizhimost study, in the second quarter of 2023, demand indicators increased, while supply decreased. These are Kaliningrad, where the number of objects on the platform decreased by 12% over the quarter, while interest in them grew by 9%, and Moscow. In the capital, supply decreased by 2% while demand grew by 12%.

Supply increased the most in the quarter in Bryansk (+85%), Tyumen (+44%) and Tomsk (+34%) — we note that in these cities the imbalance between supply and demand is most noticeable. Demand grew particularly strongly in Novosibirsk (+26%), Moscow (+12%) and Kaliningrad (+9%).

According to the results of the second quarter of 2023, housing prices in new buildings increased by an average of 1% in Russia, both in terms of cost per object and per square meter. At the same time, the average price for both indicators in one-room apartments decreased by 1%, while in two-room apartments and studios it did not change. The upward dynamics was ensured by large-format properties: over the quarter, three-ruble notes grew in price by 2%, properties with four rooms or more — by 4%, open-plan apartments — by 12%.

According to the results of the second quarter of 2023, prices for apartments in new buildings decreased in 11 out of 33 cities included in the Avito Real Estate study. In five cities, the cost has not changed, in another 17 it has increased. Properties on the primary market became more affordable in Stavropol and Ufa (-5% in both), St. Petersburg and Ulyanovsk (-4% in both), as well as a number of other cities. Prices rose the most in Kirov (+9%), Tomsk, Saratov and Krasnoyarsk (+6% each).

source: Avito.Real estate

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