Prices of new-build housing in Russia by year
215,3 thousand rubles per m², 2025 +37,4 to 2024
Average price of one square meter of total area on the primary housing market at year‑end. This is the average across all transactions in the country: one‑room and multi‑room apartments, economy‑class and elite houses are combined.
Jump in 2020–2021 coincided with the launch of subsidised mortgages: demand grew faster than housing supply.
The national average says little about a specific city: the gap between Moscow and most regions is multiple times.
The price is given per square meter of total area. The total cost of an apartment also depends on which areas are typically sold.
The years 2001–2004 are missing: in the original Rosstat table the interval between 2000 and 2005 is five years.
Table by year
| Period | thousand rubles per m² | Change |
|---|---|---|
| 1998 | 5,1 | |
| 1999 | 7,0 | +1,9 |
| 2000 | 8,7 | +1,7 |
| 2001 | 10,6 | +1,9 |
| 2002 | 12,9 | +2,4 |
| 2003 | 16,3 | +3,4 |
| 2004 | 20,8 | +4,5 |
| 2005 | 25,4 | +4,6 |
| 2006 | 36,2 | +10,8 |
| 2007 | 47,5 | +11,3 |
| 2008 | 52,5 | +5,0 |
| 2009 | 47,7 | −4,8 |
| 2010 | 48,1 | +0,4 |
| 2011 | 43,7 | −4,4 |
| 2012 | 48,2 | +4,5 |
| 2013 | 50,2 | +2,0 |
| 2014 | 51,7 | +1,5 |
| 2015 | 51,5 | −0,2 |
| 2016 | 53,3 | +1,8 |
| 2017 | 56,9 | +3,6 |
| 2018 | 61,8 | +4,9 |
| 2019 | 64,1 | +2,2 |
| 2020 | 79,0 | +14,9 |
| 2021 | 98,9 | +19,9 |
| 2022 | 122,3 | +23,4 |
| 2023 | 140,4 | +18,1 |
| 2024 | 177,9 | +37,5 |
| 2025 | 215,3 | +37,4 |
Frequently Asked Questions
How much does a square meter cost in a new building?
The latest value in the table above – the average price for Russia at year‑end.
Is this the offer price or transaction price?
Rosstat tracks prices of actual transactions and developer offers on the primary market, not listings on portals.
Why is the figure lower than in my city?
It is the country‑wide average. Prices are higher than average in large cities and lower in small ones.
Sources
- СРЕДНИЕ ЦЕНЫ на первичном рынке жилья по Российской Федерации*
- 6.1. СРЕДНИЕ ЦЕНЫ НА ПЕРВИЧНОМ И ВТОРИЧНОМ РЫНКАХ ЖИЛЬЯ:
More on the topic
- Total floor area of residential buildings commissioned by region
- Total floor area of buildings completed in Russia
- Number of buildings completed in Russia
- Number of dwellings built by regions of Russia
- Number of buildings and structures under construction
- Number of dwellings in residential buildings built by the population by regions
- All sets of section «Строительство»