CIAN: the average sale period for an apartment in the secondary market in Russia has decreased to 100 days
said in the materials CIAN, available at the disposal of “Lenta.ru”. In large Russian cities, by the end of autumn 2021, it was 100 days, analysts calculated.
According to their data, over the year, Russians began to sell housing 20 days faster, over the last month, the term was reduced by one day. “This dynamics is explained by the growth in demand over the past year and a half due to the availability of mortgage rates. The most attractive options for apartments are quickly leaving the market, “experts say.
The shortest exposure period for secondary apartments is in Krasnoyarsk (70 days on average), Tyumen (71 days), Yekaterinburg (72 days), Krasnodar (74 days), Novosibirsk (78 days), Leningrad region, Moscow region, Omsk and Chelyabinsk (85 days each). Owners in Vladivostok (147 days), Volgograd (127 days), Tomsk (125 days), Makhachkala (122 days) have been selling apartments for longer than residents of other cities.
Previously, the head of the Real Estate Market Indicators analytical center (IRN ) Oleg Repchenko said that an increase in mortgage rates will lead to an outflow of demand from the “secondary housing” to the primary housing market. State mortgage programs are still in place for buyers of new buildings, so many will abandon the idea of buying ready-made apartments, the expert warned.