BAKU, Azerbaijan, January 3. The average price of 1 square meter of an apartment in Tehran city was 480 million rials (about $11,446) for the 9th month of the current Iranian year (November 22 through December 21, 2022), Trend reports via the statistics of the Central Bank of Iran (CBI).
According to the statistics, the average price of apartments per square meter for the 9th month increased by 2.9 percent compared to the 8th month of the current Iranian year (October 23 through November 21, 2022). So, the average price of 1 square meter of an apartment in Tehran city was 467 million rials (about $11,120) in the 8th month.
In addition, the average price of 1 square meter of an apartment in the 9th month increased by 47.5 percent compared to the same month last Iranian year.
"The most expensive price for apartments between 22 districts of Tehran was observed in the 1st district over the ninth month. Thus, the price of apartments per square meter in the district amounted to 944 million rials (about $22,478). The cheapest apartment prices in the 9th month were observed in the 18th district," said the report.
"So, the price of apartments per square meter in this district was about 245 million rials (about $5,830)," the statistics said.
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Period |
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9th month of the current Iranian year (November 22 through December 21, 2022) |
8th month of the current Iranian year (October 23 through November 21, 2022) |
9th month of the last Iranian year (November 22 through December 21, 2021) |
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Buy/sell of apartments |
10,184 |
8,005 |
9,772 |
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The average price of apartments per square meter ($) |
11,446 |
11,120 |
7,759 |
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