Russian Experts Named 1-Room Flat Average Cost in Moscow

The average cost of a one-room flat in Moscow in January 2021 for the first time in the history of the Moscow market increased to nine million rubles, the press service of the ‘Metrium‘ real estate company reported. 

Picture: ‘Metrium’ Company’s Official Website

Thus, in December 2020, the average cost of such housing was 8.8 million rubles, and in January 2020 it was 7.6 million rubles. It is noted that one-room flats have risen in price by two per cent over the month, and by 19 per cent over the past year. In addition, the average cost of all flats in Moscow new buildings for the year increased by 12 per cent and amounted to 11.6 million rubles.

In 2020, the price of studio flats in economy and comfort classes has also increased. The cost of two-room flats increased by 20 per cent, up to 13 million rubles, and three-room flats by 19 per cent, up to 17.3 million rubles. At the moment, the average square metre in one-room flats in Moscow costs 224 thousand rubles, and for buyers of studio flats, it costs 241 thousand rubles.

Ru-Main, 19.02.2021 

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