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Named the most expensive districts of St. Petersburg according to prices for secondary real estate.

Named the most expensive districts of St. Petersburg according to prices for secondary real estate.

Named the most expensive districts of St. Petersburg according to prices for secondary real estate.

On April 2024, 32.5 thousand objects were put up for sale in the secondary real estate market of St. Petersburg. This is reported by Experts of the «Nevsky Prostor» Real Estate Agency. The widest selection of lots is noted in the Primorsky district, where 4.6 thousand apartments are for sale, and the most modest choice is in Kronshtadtsky, where 135 lots are for sale.

The most expensive district of St. Petersburg at the average price of secondary real estate in April 2024 became Petrogradsky district. In this part of the city, the average price for an object is 30 million rubles, and the average price for 1 sq. m. is 370.2 thousand rubles.

The second place in the ranking of the most expensive districts of the city was taken by the Tsentralny District, where the average price is 19 million rubles. At the same time, the average price per 1 sq. m. is now at the level of 279.5 thousand rubles.  

Admiralteysky district closes the TOP-3 most expensive districts by the average price of secondary real estate. In this part of the city, you can buy an apartment for 15 million rubles, and the average square is estimated at 252 thousand rubles.

Alla Shinkevich, CEO of the «Nevsky Prostor» Real Estate Agency:

— There are no sharp price spikes in the real estate market right now — no drops, no growth. The market is quite active and full of good, liquid facilities. When working with customers, you have to work hard to find a worthwhile object. Especially secondary housing in the city center is in great demand, and if we talk about prices, they range from 20 to 30 million rubles, which by current standards is not so expensive. Even more expensive real estate find their buyers, some of them are sold very quickly due to high-speed sales methods.

In central areas, like Petrogradsky district or Tsentralny district, there are practically no new buildings, and their prices are off the scale. In the surrounding areas, for example, in Vyborgsky  or Primorsky, many more new buildings are being built and rented. Due to the lack of decent facilities in the center, many buyers pay attention to high-quality secondary or old stock. Most buyers come with a mortgage, they are not looking for luxury housing, but just want to live in a good, high-status area. Investors often buy communal apartments, settle them, put them in order and resell them.

A new residential complex in the center was recently launched, and two weeks after the start of sales, there were no more vacant apartments in it. Studios were sold from 11 million rubles, one—room apartments - from 15 million, with a price per square meter from 35 to 40 thousand rubles. These are mainly investors who see the prospect of value growth in such facilities.

In addition, there is a great demand for expensive country houses close to the city and in the Kurortny District , for example, in Komarovo, Sestroretsk and Repino. In the southern districts of the city, such as Lomonosovsky or Petrodvorets, there is also an increase in interest and prices.

Wealthy buyers now prefer ready-made secondary buildings to new buildings, as new buildings remain about 15-20% more expensive. This is especially true for buyers without a mortgage. And if we are talking about mortgage buyers, they try to use opportunities, for example, a family mortgage, to save money, despite the higher price of new buildings.

Source: https://www.bsn.ru

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