You're reading: Average residential real estate prices on Kyiv’s secondary market down 33 percent

Kyiv, October 2 (Interfax-Ukraine) - The average price per square meter in a one- to three-room flat on the secondary housing market in Kyiv in U.S dollars in January-September 2009 fell by 33.13%, to $1,536 per square meter, according to a press release of Kyiv-based SV Development consulting company.

The company said that in Q3, 2009, a rise in the prices was registered in all districts of the capital, apart from in Dniprovsky District, where the price remained unchanged at $1,219 per square meter.

The maximum growth in the price of one square meter was recorded in Darnytsky District, at 4.19%, where the average price of one square meter was $1,146. The minimum increase in the price of one square meter was registered in Obolon District at 1.9%, where the average price of one square meter was $1,522.

Darnytsky District remained the cheapest in terms of average prices, where the average price of one square meter over the period was $1,146, and Pechersky District remained the most expensive in average prices, where the average price of one square meter over the period was $2,563.

SV Development has been operating on the Ukrainian market since 2005.

Average price of one sq m in one- to three-room flats on the secondary housing market in Kyiv in January-September 2009:














































District

Secondary housing market in Kyiv

Average price/$ per sq m

Rise/Fall in average price per sq m

Pechersky

2,563

+2.03%

Shevchenkivsky

2,016

+4.09%

Obolonsky

1,522

+1.9%

Holosiyevsky

1,549

+2.87%

Podilsky

1,411

+2.36%

Solomiansky

1,391

+3.24%

Sviatoshynsky

1,261

+2.99%

Dniprovsky

1,219

0%

Darnytsky

1,146

+4.19%

Desniansky

1,180

+2.96%

©Source: SV Development

14:50:05 EET-2