Azerbaijan, Baku, 11 March / corr. Trend U. Ismayilova/ The average price of 1 cu meters of living space in the re-sale real estate market rose by 1% to $1,720 in February, the Participants of the Estate Market public union of Azerbaijan said on 11 March.
A significant price rise occurred in the second (9.4%) and third (4.6%) zones of Baku and a drop in prices occurred in the fourth zone (-3.5%) of the city.
In February a price rise was seen in " Leningrad' project houses (6.4%) and in 'Krushevki' (8.5%) project homes. In February the share of new buildings in the re-sale market totaled 25.8% and the share of ' Leningrad' project homes was 19.9%.
The average price of one apartment with an average space of 77.6 cu. Meters, with 2 rooms totaled $130,846 in February.
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