Real estate prices in new buildings of Kiev, Lviv and Odessa: what happened to them in 2018

As for 2018, has varied prices per square meter in new buildings of the three leading cities of Ukraine, which is rapidly being built.

According to state statistics, during the first 9 months of last year, namely Lviv and Kiev region became the leaders by the volume of commissioned housing.

To your attention a detailed analysis of trends in the primary real estate market of Ukraine, which was observed during 2018.

Real estate prices in new buildings of Kiev

According to the data of real estate portal Lunia the price of square meter in new capital for the 12 months 2018 show a slight, but still vibrations.

Thus, in the first half of 2018, the average price per square showed steady growth from 780 to 860 dollars.

The sharp decline in housing prices in new buildings in Kiev were observed in August of 2018 – then the average cost per square meter down to $ 820.

As at the end of the year for the purchase of housing in new buildings of the capital had to pay an average of 840 dollars per square meter.


The average price of square meter in new buildings in Kiev in 2018

Due to the fluctuations of the average price in the national currency during the last months of 2018 showed her uncharacteristic fall – from 23900 to 23000 hryvnia per square.


Average and minimum price of square meter in new buildings in Kiev in 2018 year

Depending on the district average price in new buildings in Kiev can vary almost threefold.

So, in the elite Pechersk district in the city center, the average cost per square meter in the new building amounted to nearly 50 thousand hryvnias.

But in Darnytskyi and Desnyanskiy areas flats can be purchased in an average of 18 thousand hryvnia per square.


The average price of square meter in new buildings in areas of Kiev

What happened to real estate prices in new buildings in Lviv

In contrast to the capital in Lviv, housing prices in new buildings of cities for the year significantly decreased.

So, in January 2018 the average price of square meter on the primary housing market here was 16700 hryvnia – and it was the peak to which it no longer rose during the year.

The following 4 months the average price has held at around 16,000 hryvnia per square. And the greatest decrease over the year was observed in June , then she was apostilles to 15200 UAH per square.

Another period of stability in the average price per square meter in new buildings of the city were observed at the end of 2018. During October-December the square houses were asked on average UAH 15900.

Interestingly, only once in a year the minimum price of square meter in the primary real estate market in Lviv fell below the psychological mark of 10,000 hryvnia – in October 2018, it amounted to UAH 9900.


Average and minimum real estate prices in new buildings of the city in 2018

Average price per square meter depending on the district in Lviv, in contrast to Kiev, you’ll be a maximum of twice.

So, in Central Galicia district of the city, housing of the elite class in December 2018, it was possible to buy an average of 33600 UAH per square.

But in sleeping Sihovsky district of the Lion city for that amount you could buy even more than 2 meters square. The average price of a home with the rooms of economy-class amounted to UAH 15900.


Average price of real estate in new buildings in Lviv in December 2018

In 2018 has varied housing prices in new buildings of Odessa

At the beginning of the year, the average price of square meter in dollars in the Odessa buildings demonstrated its minimum of $ 650 per square.

In February, she immediately jumped nearly 10 percent, to $ 710 per square meter.

The relative stability in the primary market, there were in Odessa in the summer. During the three summer months, the square meter in new buildings of Odessa can be purchased on average for $ 660.

As of December 2018, the average price in dollar terms increased to 690 $/m2.


Average and minimum price of square meter in new buildings of Odessa 2018

Due to jumps in the exchange rate average price in local currency at the Odessa primary experienced more significant fluctuations.

Thus, rapid growth was observed from June to October 2018 from 17300 to 19500 UAH per square.

In December 2018 flats in Odessa could be bought by paying an average of 19 thousand hryvnia per square meter.


Property prices in UAH in new buildings of Odessa in 2018

The most expensive housing of business class and elites sell in the Primorsky district of the city. Average price per square meter in these new buildings the end of 2018 amounted to more than 28 thousand hryvnias.

In the more distant from the center of Suvorovsky district of Odessa housing in the new building it was possible to buy an average of 14900 hryvnia per square.


Average price per square meter in the primary market in the areas of Odessa

According to experts, because of the double elections in 2019, one should not pin hopes on the rapid decline in prices or a significant improvement of the situation on the Ukrainian real estate market. But experts advise to buy an apartment as soon as you see that I found what I was looking for and have the financial ability.

As You are planning to invest in real estate in 2019?

 

See also:

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