Price stat for apartment (m2)
Center
$1439

Large Centre
$989

Arabkir
$900

Kanaker-Zeytoun
$689

Achapnyak
$661

Davitashen
$677

Nork-Marash
$490

Shengavit
$630

1-6 Nork district
$618

7-9 Nork district
$522

Avan, Avan-Arindge
$783

Erebouni
$606

Malatia-Sebastia
$600

Regions
$491

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2013-01-09

Real Estate in Armenia Has Depreciated

The decline in property prices can be seen both in Yerevan and in other regions of the country. Prices for apartments in Yerevan fell 4% on average.

For example, 1 sq/m in multi-blocked house costs 649 dollars, when in 2011 the price was $675. With the decrease in prices in parallel the prices on the purchase and sale of apartments obviously dropped. Compared to 2011, the number of apartments sold in 2012 decreased 17%.




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Price stat for apartment (m2)