ArmInfo. A total of 8,654 real estate transactions were carried out in Armenia in November 2020, which is 50.4% less than a year ago, with a decline of 29.7% over the month.
According to the data of the State Committee for Real Estate Cadastre, of the total number of transactions, Yerevan accounts for 34.8% or 3010 transactions, with a y-o-y reduction of 48.4%, with a decline of 37.7% per month.
According to the source, 891 real estate purchase and sale transactions were made in the capital, with an annual decline of 46.1% and a monthly decline of 35.9%. Of these, 577 (or 64.8%) fell on transactions for the purchase and sale of apartments, with an annual decline of 46.5%, for a month - by 32%. By the number of transactions for the purchase and sale of apartments in the capital, the administrative district of Arabkir (28.8%) is in the lead, and the lowest percentage (0.2%) falls on Nork-Marash.
After apartments, the largest number of transactions for the purchase and sale of real estate in the capital falls on transactions with private houses (11.9%), followed by transactions for the purchase and sale of garages (9.7%), land (6.8%), buildings of public importance (6%) and the least interest is real estate of industrial value (0.7%).
It should be noted that in total, 875 transactions for the purchase and sale of apartments were made in Armenia, with an annual decline of 48.3%, with a decline of 28.9% per month. At the same time, the average market value of real estate in apartment buildings in Yerevan in November 2020 compared to the same period in 2019, decreased by 2% to 301.1 thousand AMD / 1 sq. m. on average, with a monthly decline of 0.8%. The highest prices for apartments in Yerevan are traditionally held by the Kentron (Center) community - on average 610.3 thousand AMD / 1 sq. m. (annual decline by 5.2%, monthly - by 1.6%). This is followed by Arabkir, where the price for apartment blocks is fixed at 438 thousand drams / 1 sq. m. (annual decline by 0.6%, monthly - by 0.5%). Davtashen closes the top three - 318 thousand drams / 1 sq. m. (annual decline by 5.1%, monthly - by 1.2%). The lowest housing prices in the capital remain in the Nubarashen community, where a square meter of an apartment costs an average of 175.5 thousand drams / 1 sq. m., with an annual decline of 5.5%, while undergoing no changes during the reporting month.
