In Moscow’s traditional core market, often referred to as the old city, a total of 5,636 properties are advertised for prices up to 10 million rubles. The distribution shows 3,747 apartments and 1,889 other units, a split that mirrors the demand for compact urban living and budget-friendly options. The figures come from a Metrium study, with socialbites.ca providing a copy of the report.
Within this landscape, the majority of listings sit in the mainstream segment. The study notes 4,583 lots in the mass-market category and 1,053 objects classified as business class. Across the river in New Moscow, 7,410 plots priced up to 10 million rubles are available, including 7,131 apartments and 279 additional units. This mix underscores the persistent appeal of affordable housing in both zones while highlighting ongoing development activity in the Novomoskovsky administrative district.
Ruslan Syrtsov, chief executive of Metrium, points to discounts as a key factor behind the rising number of listings. Developers have used price reductions to stimulate demand and keep inventories turning. At the same time, 7,277 lots priced at or below 10 million rubles feature spaces no larger than 28 square meters, suggesting these compact units could leave the market soon as demand strengthens.
The most affordable offerings in the Old Moscow market include:
— A 4.6 million ruble apartment measuring about 20.2 square meters in the Molzhaninovsky district in the northern part of the city.
— A 4.1 million ruble apartment covering roughly 12.8 square meters in the Ochakovo-Matveevsky district on the western side.
The New Moscow inventory shows a similar profile of low-cost options:
— A 4.8 million ruble apartment around 21.8 square meters in Shcherbinka, located in the Novomoskovsky administrative district.
— A 7 million ruble apartment with about 23.3 square meters in Kommunarka, also within the Novomoskovsky district.
Syrtsov explains that the rise in available properties alongside discounts signals developers’ efforts to align with current market conditions and buying opportunities. Yet the expert notes that most budget propositions, particularly the smallest ones, tend to attract buyers quickly and may disappear from the market soon.
The study was conducted in October, providing a snapshot of the market at that time.
Earlier reports indicated that primary prices have risen in Moscow, reinforcing the sense of ongoing shifts in the city’s housing landscape.