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Average apartments price in Russia
  Moscow 
4 234 $/m² -1.96%
Saint Petersburg
2 157 $/m² -0.09%
Exchange rates of Russia Central Bank
18.01.2020
$1USD61.5333Rub.-0.04
€1EUR68.5358Rub.-0.12
元1CNY8.97105Rub.+0.03

Analysis of Russian real estate market:

Choose a city:  Moscow,  Moscow Oblast,
 Saint Petersburg,  Leningrad Oblast
 Average apartment cost, Nizhny Novgorod - 06.01.2020:
RUB: 69 663 Rub/m² *USD: 1 125 $/m²**EUR: 1 004 /m²
USD: 105 $/ft²GBP: 80 £/ft²**CHF: 1 090 Fr/m²
CNY: 7 839 /m²JPY: 122 271 ¥/m²
Apartment price dynamics in Nizhny Novgorod
Graph of apartment price changes in Nizhny Novgorod
Change of cost per square foot in Nizhny Novgorod per week (USD):-0.30%
Change of average apartment cost in rubles per week, Nizhny Novgorod:-0.50%
* calculated weighted mean of apartment cost per 1 square foot/meter in Nizhny Novgorod secondary housing market. Among prices in range from 30 to 200 thousand Rub/m² for Nizhny Novgorod. Among apartments with area in range: from 20 to 350 m², from 215 to 3767 ft².
** exchange rates used: US $1 = 61.91 RUB; €1 = 69.38 RUB; £1 = 81.31 RUB; 1 CHF = 63.90 RUB; 1 CNY = 8.89 RUB; 1 JPY = 0.57 RUB; 1 foot = 0.3048 meter; 1 meter ≈ 3.2808399 feet. Prices are rounded to whole numbers.
Volume of secondary housing market in Nizhny Novgorod*
total sellingtotal costtotal area
6.4 thousand apartments$415.27 million356.4 thousand m²
3.84 million ft²
Nizhny Novgorod flats/apartments in secondary housing market
1 bedroom apartments32.0%2.0 thousand$87.98 million72.9 thousand m²
785.1 thousand ft²
2 bedroom apartments35.8%2.3 thousand$128.11 million114.1 thousand m²
1.23 million ft²
3 bedroom apartments23.5%1.5 thousand$117.44 million105.5 thousand m²
1.14 million ft²
multi-bedroom apartments8.7%553$81.74 million63.8 thousand m²
686.3 thousand ft²
* counted number of apartments in Nizhny Novgorod based on total volume of data using multiparametric deep processing and filter of price/area for current city. Count does not include sale of shares, rooms and "studio" apartment.
Nizhny Novgorod average apartment cost per square foot/meter *
number of bedroomsaverage cost
1 bedroom apartments73 511 Rub/m²1 187 $/m²110 $/ft²
2 bedroom apartments67 349 Rub/m²1 088 $/m²101 $/ft²
3 bedroom apartments66 375 Rub/m²1 072 $/m²100 $/ft²
multi-bedroom apartments73 915 Rub/m²1 194 $/m²111 $/ft²
* calculated weighted averages values of apartment prices per 1 square foot (sq. meter) for different numbers of rooms in Nizhny Novgorod secondary housing market. 1 foot = 0.3048 meter; 1 meter ≈ 3.2808399 feet.
Nizhny Novgorod flats/apartments cost on 06.01.2020*
bedroomaverage area average apartment cost
1 bedroom flat35.9 m²386.2 ft²2 679 025 Rub.$ 43 276
2 bedroom flat50.2 m²540.0 ft²3 486 019 Rub.$ 56 312
3 bedroom flat70.7 m²760.8 ft²4 869 490 Rub.$ 78 660
4+ bedroom flat115.3 m²1241.1 ft²9 150 489 Rub.$ 147 813
* table shows weighted average value of area and apartment cost for different numbers of rooms in Nizhny Novgorod.


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