Price stat for apartment (m2)
Center
$1348

Large Centre
$970

Arabkir
$880

Kanaker-Zeytoun
$604

Achapnyak
$636

Davitashen
$641

Nork-Marash
$490

Shengavit
$628

Charbakh
$565

1-6 Nork district
$631

7-9 Nork district
$492

Avan, Avan-Arindge
$762

Erebouni
$539

Malatia-Sebastia
$569

Regions
$367

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2012-07-11

Armenian Real Estate Prices Decrease

During the first quarter of 2012 the number of deals in Armenian real estate reached 37934, which is 31.4% less compared with the fourth quarter of 2011 and 8.8% less compared with the first quarter of 2011.

During the first trimester the number of transactions in Armenian real estate reached 10395 77.6% of which purchase, 21.6% donations and 0.8% of barter. 38.8% of real estate transactions were realized in Yerevan and 38.8% of sold properties were apartments in multi-residential buildings.

According to the data by State Committee of Real Estate Cadastre of Armenia - during the first trimester of 2012. 67% of transactions were recorded in multi-residential buildings. In Yerevan, purchase of apartments, during the first trimester of 2012 the  in multi-residential buildings decreased in 13.8% compared with the forth trimester of 2011, and compared with the first trimester by 7.6%. In the first trimester of 2012, compared with the fourth trimester of 2011 real estate purchases realized in multi-residential buildings decreased by 13.8%, and in the first trimester of 2011 increased in 7.6%.




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Price stat for apartment (m2)