Residential real estate prices have been steadily growing in Russia both in the primary and the secondary market over the observed period. After a brief decline at the beginning of 2012, price growth resumed over the following years. By the second quarter of 2023, the average square meter price of new construction residential buildings in the country was measured at over 128.8 thousand Russian rubles and at nearly 92 thousand Russian rubles for the second-hand properties, respectively.
Average square meter price of residential real estate in Russia from 1st quarter 2000 to 2nd quarter 2023, by type of market
(in Russian rubles)
Characteristic
Secondary market
Primary market
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Figures for the secondary market have been obtained from another report by the source.
Data between 2000 and 2019 have been rounded.
Release date is the date of access.
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Russian Federal State Statistics Service. (July 28, 2023). Average square meter price of residential real estate in Russia from 1st quarter 2000 to 2nd quarter 2023, by type of market (in Russian rubles) [Graph]. In Statista. Retrieved July 03, 2024, from https://www.statista.com/statistics/1155338/residential-real-estate-average-prices-by-market-in-russia/
Russian Federal State Statistics Service. "Average square meter price of residential real estate in Russia from 1st quarter 2000 to 2nd quarter 2023, by type of market (in Russian rubles)." Chart. July 28, 2023. Statista. Accessed July 03, 2024. https://www.statista.com/statistics/1155338/residential-real-estate-average-prices-by-market-in-russia/
Russian Federal State Statistics Service. (2023). Average square meter price of residential real estate in Russia from 1st quarter 2000 to 2nd quarter 2023, by type of market (in Russian rubles). Statista. Statista Inc.. Accessed: July 03, 2024. https://www.statista.com/statistics/1155338/residential-real-estate-average-prices-by-market-in-russia/
Russian Federal State Statistics Service. "Average Square Meter Price of Residential Real Estate in Russia from 1st Quarter 2000 to 2nd Quarter 2023, by Type of Market (in Russian Rubles)." Statista, Statista Inc., 28 Jul 2023, https://www.statista.com/statistics/1155338/residential-real-estate-average-prices-by-market-in-russia/
Russian Federal State Statistics Service, Average square meter price of residential real estate in Russia from 1st quarter 2000 to 2nd quarter 2023, by type of market (in Russian rubles) Statista, https://www.statista.com/statistics/1155338/residential-real-estate-average-prices-by-market-in-russia/ (last visited July 03, 2024)
Average square meter price of residential real estate in Russia from 1st quarter 2000 to 2nd quarter 2023, by type of market (in Russian rubles) [Graph], Russian Federal State Statistics Service, July 28, 2023. [Online]. Available: https://www.statista.com/statistics/1155338/residential-real-estate-average-prices-by-market-in-russia/