In the first quarter of 2023 (January-March), the sales volume of elite primary residences in St. Petersburg decreased by 60% compared to the same period of 2022. Wrote Consulting firm NF Group’s St. RIA Novosti agency, which refers to the press service of the St. Petersburg department.
“From January to March, 38 elite apartments and suites with a total area of 5.1 thousand square meters were sold in the primary market. 19% lower than the number of transactions in the previous quarter (October-December) and 60% lower than the number of transactions in the first quarter of 2022.
It is stated that the average transaction size is 73 million rubles. The figure has increased by 29 percent in one year. The average area of the apartments sold increased by 36% compared to the previous year and reached 135 square meters. m.
The company explained the waning interest in premium new buildings as buyers refocused on the secondary housing market.
Last week at NF Group saidIt turned out that in 2022 one square meter of luxury real estate in Sochi is more expensive than in New York, London and Dubai.
Real estate agency “Metrium” in the first half of March in your name The cost of the most affordable elite new building in Moscow with the commissioning date of 2023.