Price stat for apartment (m2)
Center
$1371

Large Centre
$984

Arabkir
$867

Kanaker-Zeytoun
$658

Achapnyak
$622

Davitashen
$654

Nork-Marash
$490

Shengavit
$611

Charbakh
$333

1-6 Nork district
$617

7-9 Nork district
$472

Avan, Avan-Arindge
$771

Erebouni
$544

Malatia-Sebastia
$581

Regions
$504

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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)