For almost 10 years, the most expensive apartments are in Kentron administrative district, and the most affordable ones are in Nubarashen

The highest increase in prices for apartments in Yerevan is observed in Kentron administrative district, and the smallest is in Kanaker-Zeytun. According to the data provided by the State Committee of Real Estate Cadastre of the Republic of Armenia, based on average housing prices, the price-picture is nearly unchanged: for almost ten years Kentron is the most expensive and Nubarashen is the cheapest administrative district.

Below we present the price comparisons for the months of January of 2 years, according to which, only 3 out of 11 communities (Nor Nork, Erebuni and Shengavit) saw a decrease in housing prices.

There hasn’t been a significant drop in apartment prices and most likely will not be

The apartment price fluctuations in the regions are very different depending on the city

The pandemic could not stop the rise in house prices