DIM.RIA, the in-house analytical center of the Ukrainian real estate marketplace, has summarized the market results for September. We have analyzed the supply, demand and prices for the purchase of primary and secondary housing, as well as for rent in different regions of Ukraine.
Primary market
Supply
In September, the number of new buildings with active sales departments remained at the same level – 77%. In September, two new buildings were commissioned in Lviv region and one in Kyiv region, with a total of 6 sections.
Prices.
The average price per square meter in dollar terms mostly increased by 1-6% in September, depending on the region. Compared to September 2024 to September 2023, new buildings in Kirovohrad, Volyn and Ivano-Frankivsk regions rose in price the most. The highest average cost of new housing remained in Kyiv at $1,349 per m².
Demand
In September, marketplace users were much more interested in apartments in new buildings compared to August. The largest increase in search queries occurred in Mykolaiv and Kirovohrad regions. At the same time, on a yearly scale, the revival of interest was observed only in Kyiv region, excluding the capital, and in Vinnytsia region.
Secondary market
Supply.
In September, there were fewer people willing to sell their own homes compared to August or year-on-year. Compared to September 2023, the number of housing offers increased only in Chernihiv, Volyn, Lviv, Zakarpattia, Ivano-Frankivsk and Chernivtsi regions.
Price
The price indicated by owners in their offers for the sale of real estate in September increased in almost every region, mostly by 5-6%. Kyiv region showed no changes, and in Kyiv analysts noted a slight decrease in price by 1%. At the same time, the capital remains the city with the most expensive housing: the average price for a one-bedroom apartment based on September offers is $84,935. However, there are cheaper and more expensive offers on the market: an average of $45,060 in the Desnianskyi district and $113,553 in the Pecherskyi district.
Demand.
Users were more active in searching for housing offers in the central and western regions of Ukraine: demand there increased by more than 20% in some cases. Despite the fact that the total number of search queries has been on the decline throughout the year, in most regions of Ukraine there are still 5-10, and sometimes 20 responses per property ad.
Rental market
Supply.
According to the analytical center DIM.RIA, Ukrainians began to publish fewer rental offers. The most significant decline in September was recorded in Kirovograd, Ivano-Frankivsk and Ternopil regions. Over the year, the number of offers increased most significantly in Volyn, Zakarpattia and Chernivtsi regions.
Price.
The most expensive location for renting an apartment remains Kyiv with an average price tag of UAH 18,203 for a one-bedroom apartment. The cost of housing in the capital has not changed over the past month, but over the past year, the increase was 18%. Over the year, the price of renting a one-bedroom apartment has increased the most in Zakarpattia, Zhytomyr and Rivne regions – by more than 60% compared to September 2023.
The most expensive district for rent in the capital was Pecherskyi with an average cost of living in a one-bedroom apartment of UAH 24,219 per month, the most budgetary – Desnianskyi with a price tag of UAH 10,852.
Demand
Year-on-year and month-on-month, users are looking for rental housing less, but traditionally there are much more responses per ad. In Kyiv, it is more than 6 responses for each ad added in September.
