BAKU, Azerbaijan, December 11. The average cost per square meter of residence in Baku's major market increased by 5.54 percent in October 2023 compared to the previous month, Chief Executive Officer of the MBA Consulting Group company, Nusrat Ibrahimov told Trend.
The annual growth amounted to 22.06 percent.
"In the capital's main housing market, the price per square meter was 1,981 manat ($1,165). The overall number of offers was 836 (a 9.03 percent reduction year on year and a 2.7 percent increase month on month)," Ibrahimov said.
In general, the average cost per square meter in the primary housing market was 1,714 manat ($1,008.2), and the total volume of offers was 836 as of January 1, 2023.
