Prices for apartments in brand-new buildings in Moscow’s center have risen by 8.5 percent over the past year, and the current average price for such a listing stands at 107.2 million rubles. This information comes from NDV Supermarket Real Estate, reported by a publication referred to as News. The numbers reflect a market where demand remains strong and developers continue to push upscale inventories even as some buyers weigh the long-term value of central locations.
In February 2025, the cost per square meter for a new apartment in Moscow’s Central Administrative District (CAD) averages about 1.15 million rubles, up roughly 12 percent compared with a year earlier. Even though the overall rate of increase has slowed slightly since the peak of 2023, the cadence of price growth remains persistent in prime districts, driven by limited supply, upgrading new-build amenities, and persistent demand from buyers seeking central access, luxury features, and robust rental potential.
The most affordable square meter in the Presnensky district is currently around 802.5 thousand rubles, while the top-end square in the Tverskoy district commands approximately 2.2 million rubles. These figures illustrate the clear tiering within the market: mid-market and first-class projects offer more attainable entry points, whereas elite projects and premium business-class towers command premium pricing that reflects location, architectural quality, and prestige. The variance also underscores how much buyers are willing to pay for proximity to government offices, cultural venues, and the commercial core.
Presently, roughly 3.3 thousand lots are listed on Moscow’s primary market within the Central Administrative District. The largest portion of new supply remains concentrated in first-class buildings, making up about 48.3 percent. The elite and business segments account for approximately 26.2 percent and 23.5 percent, respectively, while the mass segment represents a smaller share of roughly 2 percent. This distribution reveals how developers balance aspirational projects with more broadly accessible options, aiming to capture a spectrum of buyers from investors to end-users who prize central access and modern conveniences.
Historically, commentators in Russia have advised buyers not to expect a quick price drop in new construction. Market watchers point to enduring demand drivers—admin and business district employment hubs, improving infrastructure, and ongoing urban renewal programs—as factors that support sustained price resilience rather than rapid declines. The latest data indicate that even as cooling signals appear in some micro-markets, central Moscow remains a strong anchor for pricing in the capital’s residential sector. The Kremlin-facing views and premium cityscape features continue to hold appeal, particularly for buyers who value long-term stability and strong resale prospects.
In practical terms, the continuing price trend means prospective buyers and investors should approach the market with a long-term perspective. A Kremlin-facing view or a location within the CAD can still command elevated prices, but careful selection of project class, payment terms, and developer track record can help manage risk while aligning with investment goals. As the market evolves, buyers are advised to monitor supply cycles, project handover timelines, and the broader macroeconomic context to gauge how price momentum might shift in the coming quarters.