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Demand for housing collapsed, but prices rose significantly.

Real estate prices in Kyiv do not decrease despite the war. Moreover, the average price per square meter is increasing. Over the year, the price increased by 5% to $1,290. And in hryvnia equivalent, by almost 14% — to 53,500 hryvnias.

This is evidenced by the data of the LUN real estate search site.

At the same time, demand remains low. Sales are 20-30% of pre-war volumes.

How much is an apartment in Kyiv?

• One-room apartments on the secondary market as of December 2024 cost about $60,000. The average price per square meter is $1,480.
• Average price two-room apartments in the ads — $95,000 or $1,490 per square meter. However, the average price of sold apartments is slightly lower — 69,900 thousand dollars.
• Three-room apartments in Kyiv cost an average of 137,000 dollars. The average price of a square…