ArmInfo.63,173 real estate transactions were carried out in the regions of Armenia in H1 2021, with an annual growth of 29.2%. At the same time, according to the RA Real Estate Cadastre State Committee, the number of real estate purchase and sale transactions in the regions increased by 24.2% per annum to 17,387, and rent - by 6.6% to 2,824.
Of the total number of regional transactions for the purchase and sale of real estate, the largest percentage (61%), as before, fell on land, the total area of which was 5926.83 hectares, of which 5431.42 hectares were agricultural land. In y-o-y terms the number of regional land purchase and sale transactions increased by 24.1%, amounting to 10,608.
The dominant percentage (52.4%) falls on land in regional real estate lease transactions as well. So, for the first half of this year regional land with a total area of 3437.35 hectares was leased for rent, within the framework of 1,481 transactions (with an annual growth of 31.3%), of which most - 75% or 1,105 transactions (with an annual growth of 36.3%) related to agricultural land with an area 3260.81 ha. In the total number of regional land purchase and sale transactions, the maximum was recorded in the Kotayk region - 2902 or 27.3% of the total, and the minimum in the Syunik region - 251 or 2.4%. But in terms of the area of land sold, Armavir region is in the lead - 2214.23 hectares. The area of the leased land in the regions was 3437.35 hectares.
The second largest transactions in the regions are transactions for the purchase and sale of private houses (2,813), followed by transactions with apartments (2,437), followed by garages (687), public and industrial buildings - 594 and 248 transactions, respectively.
According to the source, the number of transactions for the purchase and sale of apartments increased by 19.1% year over year. At the same time, the average market value of apartments in the regions of Armenia decreased by 3.4% per annum, amounting to an average of 95.6 thousand drams / 1 sq. m. According to cadastral data, the highest prices for apartments in the regions are traditionally held in the resort town of Tsaghkadzor - 283 thousand drams / 1 sq. m. on average, with an annual decline of 0.5%. This is followed by the city of Abovyan, where the price of an apartment is fixed at the level of 195.2 thousand drams / 1 sq. m., with an annual growth of 5.4%. And the top three is closed by the city of Vagharshapat with the cost per square meter of an apartment at 162.3 thousand drams, with an annual growth of 3.9%.
The lowest prices were recorded in the city of Tumanyan (Lori region) - 20 thousand drams / 1 sq. m. (with an annual decline of 16.5%). Slightly higher prices for apartments in Chambarak (Gegharkunik region) - 35.6 thousand drams / 1 sq. m. (with an annual decline of 20.2%) and Akhtala city (Lori region) - 36.6 thousand drams / 1 sq. m. (with an annual decline of 5.4%).
