BAKU, Azerbaijan, July 31
By Elnur Baghishov – Trend:
The average price of 1 square meter of an apartment in Tehran city was 300 million rials (about $7,150) in the 4th month of the current Iranian year (June 22 through July 22, 2021), Trend reports citing the statistics of the Central Bank of Iran (CBI).
According to the statistics, the price of apartments per square meter increased by 1.3 percent compared to the 3rd month of the current Iranian year (May 22 through June 21, 2021). So, the average price of 1 square meter of an apartment in Tehran city was 297 million rials (about $7,060) in the 3rd month.
In addition, the average price of 1 square meter of an apartment increased by 43.7 percent compared to the same month last Iranian year.
“The most expensive price for apartments between 22 districts of Tehran was registered in the 1st district over the 4th month. Thus, the price of apartments per square meter in the district amounted to 620 million rials (about $14,800). The cheapest apartment prices in the 4th month were registered in the 18th district. So, the price of apartments per square meter in this district was 134 million rials (about $3,200). The prices in these districts increased by 36.9 percent and 39.6 percent, respectively, compared to the same month of the last Iranian year,” the statistics said.
|
Period |
Percentage change |
||||
|
The 4th month of the current Iranian year (June 22 through July 22, 2021) |
The 3rd month of the current Iranian year (May 22 through June 21, 2021) |
The 4th month of the last Iranian year (June 21 through July 21, 2020) |
Compared to the last month |
Compared to the same month in last Iranian year |
|
|
Buy/sell of apartments |
5,070 |
5,100 |
14,000 |
-0.6 |
-63.9 |
|
The average price of apartments per square meter ($) |
7,150 |
7,060 |
4,980 |
1.3 |
43.7 |
The following table shows the number of apartments sold in Tehran city for the same month in different years:
|
Age of building |
3rd month |
Percentage change |
Share interest |
||||
|
The 4th month of the current Iranian year (June 22 through July 22, 2021) |
The 4th month of the last Iranian year (June 21 through July 21, 2020) |
The 4th month of the preceding Iranian year (June 22 through July 22, 2019) |
The 4th month of the current Iranian year (June 22 through July 22, 2021) |
The 4th month of the last Iranian year (June 21 through July 21, 2020) |
The 4th month of the current Iranian year (June 22 through July 22, 2021) |
The 4th month of the last Iranian year (June 21 through July 21, 2020) |
|
|
Under 5 years |
1,700 |
5,420 |
1,920 |
-68.7 |
181.3 |
33.5 |
38.6 |
|
6-10 years |
1,090 |
2,710 |
866 |
-59.7 |
213 |
21.5 |
19.3 |
|
11-15 years |
737 |
1,820 |
650 |
-59.5 |
180.2 |
13 |
14.5 |
|
16-20 years |
880 |
2,390 |
772 |
-63.2 |
209.5 |
17.4 |
17 |
|
Over 20 years |
664 |
1,700 |
576 |
-61.1 |
196.5 |
13.1 |
12.2 |
|
Total |
5,070 |
14,000 |
4,790 |
-63.9 |
193.3 |
100 |
100 |