Azerbaijan, Baku, Nov. 10 / Trend , U.Ismayilova /
In September, the most expensive land plot was offered in Yasamal district of Baku ($250,000 per one hundred sq.m) and the cheapest in Absheron district of Baku ($280 per one hundred sq.m), public organization Participants of Real Estate Market said.
The average price for one hundred sq.m of land in Baku reduced 3.6 percent to $16,840 compared to $17,470 in August. The period of exposition of the land plots rose 0.8 percent to 239 days. A considerable drop was observed in the Sabayel District of Baku - 10.3 percent and there was no price growth in any districts of Baku.
The most passive district of Baku was the Nasimi District and the most active - Binagadi and Narimanov Districts in September.
Summary table indicates price changes for land plots in zones of Baku:
Zone of city |
Price per one hundred sq.m (in $) |
Average price change (in %) |
I |
189314 |
-4.3 |
II |
109348 |
-4.6 |
III |
22932 |
-3 |
IV |
4605 |
-3.7 |
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