BAKU, Azerbaijan, June 29. The average price of 1 square meter of an apartment in Tehran city was 394 million rials (about $9,384) for the 3rd month of the current Iranian year (May 22 through June 21, 2022), Trend reports via the statistics of the Central Bank of Iran (CBI).
According to the statistics, the price of apartments per square meter increased by 8.4 percent compared to the 2nd month of the current Iranian year (April 21 through May 21, 2022). So, the average price of 1 square meter of an apartment in Tehran city was 364 million rials (about $8,655) in the 2nd month.
In addition, the average price of 1 square meter of an apartment in the 3rd month increased by 32.8 percent, compared to the same month last Iranian year.
"The most expensive price for apartments between 22 districts of Tehran was registered in the 1st district over the third month. Thus, the price of apartments per square meter in the district amounted to 811 million rials (about $19,309). Meanwhile, the cheapest apartment prices in the third month were registered in the 18th district," said the report.
"So, the price of apartments per square meter in this district was 196 million rials (about $4,664). The prices in these districts increased by 22.3 percent and 55.3 percent, respectively, compared to the same month of the last Iranian year," the statistics said.
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Period |
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3rd month of the current Iranian year (May 22 through June 21, 2022) |
2nd month of the current Iranian year (April 21 through May 21, 2022) |
3rd month of the last Iranian year (May 22 through June 21, 2021) |
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Buy/sell of apartments |
13,874 |
10,490 |
5,102 |
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The average price of apartments per square meter ($) |
9,384 |
8,655 |
7,065 |
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