BAKU, Azerbaijan, December 5. The average price of 1 square meter of an apartment in Tehran city was 467 million rials (about $11,120) for the 8th month of the current Iranian year (October 23 through November 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 6.8 percent compared to the 7th month of the current Iranian year (September 23 through October 22, 2022). So, the average price of 1 square meter of an apartment in Tehran city was 437 million rials (about $10,410) in the 7th month.
In addition, the average price of 1 square meter of an apartment in the 8th month increased by 45.9 percent compared to the same month last Iranian year.
"The most expensive price for apartments between 22 districts of Tehran was observed in the 1st district over the eighth month. Thus, the price of apartments per square meter in the district amounted to 951 million rials (about $22,645). The cheapest apartment prices in the 8th month were observed in the 18th district," said the report.
"So, the price of apartments per square meter in this district was 230 million rials (about $5,478)," the statistics said.
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Period |
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8th month of the current Iranian year (October 23 through November 21, 2022) |
7th month of the current Iranian year (September 23 through October 22, 2022) |
8th month of the last Iranian year (October 23 through November 21, 2021) |
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Buy/sell of apartments |
8,005 |
5,416 |
7,304 |
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The average price of apartments per square meter ($) |
10,120 |
10,410 |
7,621 |
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