Rapid Increase in Prices for Secondary Real Estate in Kyiv

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Rapid Increase in Prices for Secondary Real Estate in Kyiv

A sharp rise in prices for secondary real estate has been recorded in Kyiv. Over the past six months, the cost per square meter of housing in the capital has increased by almost 16% — from 57,025 to 66,101 UAH, which amounts to over 10,000 UAH in price increase. This information was reported by the M2bomber service.

This is reported by Finway

When considering a monthly period, the growth has been more moderate — only 0.42% (approximately 274 UAH). However, compared to May 2024, the annual increase has reached 13.52%, or about 8,000 UAH. Analysts note that the dynamics of recent weeks may indicate the beginning of a reverse trend. Back in early May, the growth rates were significantly higher: 15.99% year-on-year, 16.82% over six months, and 5.84% month-on-month.

Price Differences Between Kyiv Districts

Despite the overall price increase, the price difference between Kyiv districts remains substantial. The cheapest housing can be found in the Sviatoshynskyi district — averaging 49,440 UAH per square meter. The most affordable areas also include the Desnianskyi (50,394 UAH) and Dniprovskyi (54,411 UAH) districts. Conversely, the most expensive remains the Pecherskyi district, where the price per square meter is 89,144 UAH, nearly twice as much as in Sviatoshynskyi.

Price Trends in the Real Estate Market

The market has also established price benchmarks, which are most commonly used for listings. For instance, about 7% of advertisements are based on a price of 51,000 UAH per square meter. Prices of 57,800 UAH, 44,200 UAH, 68,000 UAH, and even 85,000 UAH are frequently encountered. In the lowest price segment, apartments can be found where the price per square meter is 20,400 UAH, although such listings account for less than 1% — only 0.9%.

It is worth noting that prices for construction and installation works in Ukraine rose by 6.7% in January-March 2025 compared to the same period in 2024. Since the beginning of the full-scale invasion, during three years of major war, the cost of housing construction has increased on average by 90–115% depending on the class of housing and continues to rise. The reasons for this are not only the cost of materials but also a systemic shortage of personnel and a crisis in the supply of key positions.