Dynamics of changes in the real estate market in the Republic of Tatarstan
For the annual period between monitoring the prices of real estate, land plots and rental rates at the beginning of 2021 and 2022, experts from the NP "Union of Appraisers of the Republic of Tatarstan" note the following trends in the real estate transaction market.
The sale price of commercial real estate by districts of Kazan showed the following change in the upper limit for the year:
the lower limit of real estate sales in the capital of the republic has also risen by 10-30 percent (with the exception of production and storage facilities).
In municipal districts and urban districts, an increase in the market value of commercial real estate was observed in the cities of Almetyevsk (20-30%), Yelabuga (16%), Leninogorsk (25-30%), Mendeleevsk (20%), Naberezhnye Chelny (30% - retail premises in areas of mass residential development), Pestretsy (15%), Chistopol (35%).
In Kazan, there is heterogeneity in the dynamics of rental rates for commercial real estate
The situation is similar in the cities and municipal districts of the republic. A certain increase (15-20%) in rental rates of commercial real estate was noted (based on open data) in the year. Elabuga, Laishevo, Leninogorsk, Mendeleevsk, Chistopol.
In the study period September 9, 2021 – February 15, 2022), there is a significant increase in the average market value of residential real estate. In particular, compared to the data as of March 1, 2021, the increase in the average median cost of 1 sq.m. housing (apartments) by city was: Kazan - 37.5%, Naberezhnye Chelny - 34.7%, Yelabuga - 23%, Nizhnekamsk - 25.5%, Chistopol - 12.1%, Zelenodolsk - 41.4%, Zainsk - 5.4%, Almetyevsk - 5.8%, Nurlat - 26.4%, Arsk - 37.3%, Buinsk - 27.3%. In a number of cities, the growth was not so significant due to the saturation of demand - Aznakayevo - 2.26%, Bugulma - 4.7%, Bavly - 4.5%. Detailed dynamics is reflected in the attached tables.
Monitoring of prices for commercial real estate as of March 1, 2022