Azerbaijan, Baku, 3 November / Trend corr. U.Ismayilova / In September the most expensive land was offered for $42,500 for 100sq.m in Narimanov District of Baku and the cheapest - for $400 for 100sq.m in Absheron District, the Participants of Real Estate Market public organization said on 3 November.
Average price of 100sq.m rose by 0.4% - to $25,200 in September as compared to the figure in August. Term of exposition of lands rose by 3.4% - to 184 days in September.
Price cut was observed in Surakhani District (6.3%) and Nizami District (4.5%).
A total of 76.3% of 828 h lands, which were offered to the market in August, were empty lands in September.
Summary table shows prices changes of lands in Baku on zones of the city:
|
City Zone |
Prices for 100sq.m ($1000) |
Average price change (%) |
|
I |
220096 |
-0.8 |
|
II |
130871 |
-1.1 |
|
III |
38130 |
0.4 |
|
IV |
7397 |
2.7 |
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