Overview of Moscow’s Budget Resale Market
The lowest price tag observed for a resale property in Moscow is around 4.8 million rubles. This figure is reported by Finance Post and sourced from INCOM-Real Estate’s Analytical Centre data.
A compact studio measuring 19.3 square meters sits on the second floor of the Nekrasovka residential complex in the South-East Administrative District. The unit has been renovated and features a glazed loggia, making it a compact, practical option for buyers who prioritize affordability and location.
Analysts note that the secondary market is unlikely to become more accessible in the near term. Commenting on the state of Moscow’s secondary real estate sector, Sergei Shloma, head of the Secondary Market Department at INCOM-Real Estate, states that a price rise in the current climate is improbable without brighter mortgage terms or stronger demand.
In the seven-month period analyzed, demand for finished housing in Moscow showed a decline of roughly 15%. Even as lending rates eased somewhat, the discounts on such properties did not grow, and sellers maintained a cautious stance. This pattern suggests buyers are selective, weighing mortgage availability against the perceived value of each unit and the long-term prospects of the district.
Looking ahead, market observers are curious about how rental prices will behave in the near future. Will rents follow the same restrained trajectory as prices, or will rental growth outpace purchase prices in certain micro-districts where demand remains steadier? These questions guide both investors and residents evaluating long-term affordability and yield possibilities in Moscow’s diverse housing landscape. [citation: INCOM-Real Estate; Finance Post]
Overall, the Moscow resale segment continues to reflect tight credit conditions and fluctuating buyer interest. Prospective buyers should monitor mortgage policy changes, regional development plans, and inventory levels across districts. The evolving mix of new construction availability, supply in the secondary market, and shifting consumer preferences will shape price dynamics in the coming quarters. [citation: INCOM-Real Estate; Finance Post]