Novosibirsk
+66 90 040 0052Russia · toll-free+66 90 040 0052Messenger · international team
Request a call Личный кабинетОплата RU

Prices for new buildings in St. Petersburg set a ten-year record

CMP Group, The Best Agent in Overseas Property Sales 2026
10 October 2026
CMP Group wins The Best Agent in Overseas Property Sales at the Thailand Real Estate Agent Awards 2026

The awards ceremony took place at Park Hyatt Bangkok on 8 October 2026.

Цены на новостройки в Санкт-Петербурге установили десятилетний рекорд

Prices for new buildings in St. Petersburg set a ten-year record

The cost per square meter in new buildings in St. Petersburg has increased by 12.5 percent since the beginning of 2020 and amounted to 129 thousand rubles. Thus, a record of the last ten years was set.

by 12 percent in 2014. In addition, then it happened at the end of the whole year, and not the first eight months.

Accordingly, the average budget also increased buying an apartment in St. Petersburg. During the year it grew by a million rubles - up to 5.3 million. In the suburbs - by 800 thousand - up to 4 million.

Since the end of July, prices for apartments in St. Petersburg in the mass market class have increased by 4.3 percent, although it is usually observed growth in the range of 1.5-2 percent per month. Thus, August of this year can also be called a record. The reason for this growth was a greatly reduced supply, as well as high demand, supported by preferential mortgages. First of all, the most budget apartments are bought up on the market, and the remaining housing becomes more expensive as the residential complex is built. Thus, August of this year can also be called a record. The reason for this growth was a greatly reduced supply, as well as high demand, supported by preferential mortgages. First of all, the most budget apartments are bought up on the market, and the remaining housing becomes more expensive as the residential complex is built. Thus, August of this year can also be called a record. The reason for this growth was a greatly reduced supply, as well as high demand, supported by preferential mortgages. First of all, the most budget apartments are bought up on the market, and the remaining housing becomes more expensive as the residential complex is built.
Back to news list