...

Iran’s CBI records increase in apartment prices in Tehran

Finance Materials 3 October 2022 09:11 (UTC +04:00)
Iran’s CBI records increase in apartment prices in Tehran
Elnur Baghishov
Elnur Baghishov
Read more

BAKU, Azerbaijan, October 3. The average price of 1 square meter of an apartment in Tehran city was 432 million rials (about $10,289) for the 6th month of the current Iranian year (August 23 through September 22, 2022), Trend reports via the statistics of the Central Bank of Iran (CBI).

According to the statistics, the price of apartments per square meter increased by 1.1 percent compared to the 5th month of the current Iranian year (July 23 through August 22, 2022). So, the average price of 1 square meter of an apartment in Tehran city was 427 million rials (about $10,173) in the 5th month.

In addition, the average price of 1 square meter of an apartment in the 6th month increased by 36.3 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 sixth month. Thus, the price of apartments per square meter in the district amounted to 871 million rials (about $20,745). Meanwhile, the cheapest apartment prices in the 6th month were registered in the 18th district," said the report.

"So, the price of apartments per square meter in this district was about 215 million rials (about $5,119)," the statistics said.

Period

6th month of the current Iranian year (August 23 through September 22, 2022)

5th month of the current Iranian year (July 23 through August 22, 2022)

6th month of the last Iranian year (August 23 through September 22, 2021)

Buy/sell of apartments

6,033

7,825

7,789

The average price of apartments per square meter ($)

10,289

10,173

7,548

---

Follow the author on Twitter:@BaghishovElnur

Tags:
Latest

Latest