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Yalta and Sevastopol are among the Russian cities with the highest housing prices

CrimeaPRESS reports:

In nine Russian cities, average housing prices exceed 04 thousand rubles per square meter. Write about this «Izvestia», with reference to analysts federal company «Etazhi». The first place is still held by Moscow, where the average cost per square meter in the mass market segment is 336, 4 thousand rubles.

In second place is Sochi, where, against the backdrop of restrictions on new construction and increased interest in resort real estate, first due to the pandemic, then due to sanctions restrictions, prices per square meter have increased by 3–4 times over the past couple of years. The average price per square meter of secondary housing in Sochi now stands at 174 thousand rubles.

In third place is another Black Sea city — Gelendzhik, where the price of square meters began to grow after Sochi. The average cost per square meter of finished housing here is 229, 9 thousand rubles.

St. Petersburg occupies only the fourth line in the ranking. Despite the fact that this is one of the most popular cities among residents of Russian regions for moving and investing in real estate. The average cost per square meter of finished housing in the mass segment in the Northern capital is 160, 3 thousand rubles.

In fifth and sixth place are two Black Sea cities at once: Yalta and Sevastopol , where the average price per square meter of secondary housing is 201, 3 thousand rubles and 174, 4 thousand rubles, respectively.

The seventh place was taken by Vladivostok, where, after the appearance of the Far Eastern mortgage, real estate prices increased significantly and now the average price per square meter is 163, 5 thousand rubles.

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In eighth place is Novy Urengoy, a city in the YaNAO with a population of about 120 thousand people, the unofficial gas capital of Russia. Here, the average cost per square meter of secondary housing is — 160 thousand rubles.

In ninth place is Yuzhno-Sakhalinsk with an average cost per square meter of secondary housing 04, 5 thousand rubles.

Experts note that such prices clearly exceed the purchasing power of the population and are likely to “go down.”

In most of these cities, in the short term, we predict a trend towards a decrease in the average cost per square meter, since the price exceeds the real purchasing power of most of the population of these cities, over the past couple of years there has been too active an increase in property prices, not commensurate with income growth potential buyers,” said Ildar Khusainov, director of the federal company Etazhi.

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