BAKU, Azerbaijan, Nov. 29
By Elnur Baghishov – Trend:
The average price of 1 square meter of an apartment in Tehran city was 320 million rials (about $7,620) in the 8th month of the current Iranian year (October 23 through November 21, 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 1.2 percent compared to the 7th month of the current Iranian year (September 23 through October 22, 2021). So, the average price of 1 square meter of an apartment in Tehran city was 316 million rials (about $7,530) in the 7th month.
In addition, the average price of 1 square meter of an apartment in the 8th month increased by 17.7 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 8th month. Thus, the price of apartments per square meter in the district amounted to 728 million rials (about $17,300). Meanwhile, the cheapest apartment prices in the 8th month were registered in the 18th district," said the report.
"So, the price of apartments per square meter in this district was 145 million rials (about $3,450). The prices in these districts increased by 32.2 percent and 22.6 percent, respectively, compared to the same month of the last Iranian year,” the statistics said.
|
Period |
Percentage change |
||||
|
The 8th month of the current Iranian year (Oct. 23 through Nov. 21, 2021) |
The 7th month of the current Iranian year (Sept. 23 through Oct. 22, 2021) |
The 8th month of the last Iranian year (Oct. 22 through Nov. 20, 2020) |
Compared to the last month |
Compared to the same month in last Iranian year |
|
|
Buy/sell of apartments |
7,304 |
5,471 |
4,466 |
33.5 |
63.5 |
|
The average price of apartments per square meter ($) |
7,620 |
7,550 |
6,470 |
1.2 |
17.7 |
The following table shows the number of apartments sold in Tehran city for the same month in different years:
|
Age of building |
The 8th month |
Percentage change |
Share interest |
||||
|
The 8th month of the current Iranian year (Oct. 23 through Nov. 21, 2021) |
The 8th month of the last Iranian year (Oct. 22 through Nov. 20, 2020) |
The 8th month of the preceding Iranian year (Oct. 23 through Nov. 21, 2019) |
The 8th month of the current Iranian year (Oct. 23 through Nov. 21, 2021) |
The 8th month of the last Iranian year (Oct. 22 through Nov. 20, 2020) |
The 8th month of the current Iranian year (Oct. 23 through Nov. 21, 2021) |
The 8th month of the last Iranian year (Oct. 22 through Nov. 20, 2020) |
|
|
Under 5 years |
2,330 |
1,730 |
1,700 |
34.5 |
1.7 |
32 |
38.9 |
|
6-10 years |
1,670 |
782 |
769 |
113.3 |
1.7 |
22.8 |
17.5 |
|
11-15 years |
1,030 |
542 |
550 |
91.3 |
-1.5 |
14.2 |
12.1 |
|
16-20 years |
1,330 |
790 |
666 |
68.9 |
18.6 |
18.3 |
17.7 |
|
Over 20 years |
930 |
616 |
372 |
51 |
65.6 |
12.7 |
13.8 |
|
Total |
7,304 |
4,466 |
4,064 |
63.5 |
9.9 |
100 |
100 |
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