Average prices in the primary and secondary housing markets, 2015–2023
at year-end; rubles per one square meter of total floor space
The cost per square meter of new construction and existing housing changed over nine years, with these changes reflected in the indicators for the 2015–2023 period. The rows distinguish between the primary and secondary markets, highlighting the price gap between new builds and pre-owned properties. All values are expressed in rubles per square meter of total area at year-end
Chart of average prices in the primary and secondary housing markets from 2015 to 2023, rubles per square meter
standard chart · points: each represents one period
- Primary housing market
- Secondary housing market
See also
- Housing commissioning in Russia by year long time series by year
- Prices of new-build housing in Russia by year long time series by year
Set in numbers
Coverage: 2 series in at year-end; rubles per one square meter of total floor space, 2015 through 2023, 6 reporting periods. 12 values in total.
“Primary housing market” multiplied by 2.7 between 2015 and 2023: from 51,530 to 140,371.
All table numbers are series: 2
| Series | 2015 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Первичный рынок жилья | 51 530,00 | 64 059,00 | 79 003,00 | 98 909,00 | 122 343,00 | 140 371,00 |
| Вторичный рынок жилья | 56 283,00 | 58 528,00 | 66 712,00 | 76 686,00 | 94 363,00 | 97 418,00 |
How to read this table
Comparing the two markets helps illustrate the price difference between purchasing housing in new developments versus completed properties. The table includes two rows: the primary housing market and the secondary housing market. The data tracks price dynamics throughout the specified period, accounting for annual market conditions
More in the section Construction»
Period and application
The statistics cover the entire territory of Russia and are current as of year-end 2023. Data are published annually and are suitable for analyzing the cost per square meter across different real estate segments. This information from the Rosstat construction section is useful for planning major purchases or assessing price change rates for residential space
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