BAKU, Azerbaijan, April 30. The average price of 1 square meter of an apartment in Tehran city was 343 million rials (about $8,160) in the 1st month of the current Iranian year (March 21 through April 20, 2022), Trend reports via the statistics of the Central Bank of Iran (CBI).
According to the statistics, the price of apartments per square meter decreased by 2.4 percent compared to the 12th month of the last Iranian year (February 20 through March 20, 2022). So, the average price of 1 square meter of an apartment in Tehran city was 351 million rials (about $8,361) in the 12th month.
In addition, the average price of 1 square meter of an apartment in the 1st month increased by 16.9 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 first month. Thus, the price of apartments per square meter in the district amounted to 752 million rials (about $17,895).
Meanwhile, the cheapest apartment prices in the first month were registered in the 18th district," said the report.
"So, the price of apartments per square meter in this district was 158 million rials (about $3,754). The prices in these districts increased by 17.3 percent and 12.5 percent, respectively, compared to the same month of the last Iranian year,” the statistics said.
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Period |
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1st month of the current Iranian year (Mar. 21 through Apr. 20, 2022) |
12th month of the last Iranian year (Feb. 20 through Mar. 20, 2022) |
1st month of the last Iranian year (Mar. 21, through Apr. 20, 2021) |
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Buy/sell of apartments |
3,427 |
6,834 |
2,094 |
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The average price of apartments per square meter ($) |
8,160 |
8,361 |
6,981 |
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