Prices for new apartments in Bashkiria increased by 7.8% in the first quarter

In Bashkiria, in the first quarter of 2022, the average cost per square meter of housing in the primary market was 91.3 thousand rubles. This is 7.8% more than in the previous quarter, that is, in October-December 2021, according to the territorial body of the Federal State Statistics Service (Bashkortostanstat). The data was obtained based on the results of selective observation of the actual prices of transactions in the territory of the republic.

If we compare the prices for primary housing in the region with the data for the first quarter of 2021, then the increase is even more significant - by 27.1%. In January-March last year, the average cost per square meter in a new apartment was 71.8 thousand rubles. Compared to the same period in 2020, prices increased by 42.6%. Two years ago, new apartments in Bashkiria were sold at an average of 64 thousand rubles. for "square".

Secondary housing is also growing in price, but not so significantly. In the first quarter of 2022, apartments in the region were sold at an average of 77.8 thousand rubles. per square meter. This is 4.2% more than at the end of 2021 (72.2 thousand rubles). Compared to the first quarter of 2021, prices increased by 22.7% (63.4 thousand rubles)

As RBC Ufa reported, the weighted average cost per square meter of housing in Ufa in March 2022 amounted to 98.8 thousand rubles. This is 2.4% more than a month earlier. In annual terms, the cost of housing in the capital of Bashkiria increased by 21.7%. The average offer price for an apartment is 5.69 million rubles, for one square meter - 100.1 thousand rubles.

Experts interviewed by RBC Ufa said that in March the real estate market had not yet had time to react to external events, so the increase in value was not so sharp. The situation may change in the coming months. At the same time, price growth will be constrained by low demand, analysts say.