Tashkent Housing Report, November 2009
Outdated Report Warning
Current page represents outdated data! It is here for reference only. Cumulative up-to-date report can be found at http://www.uzre.uz/latest.html. You may also find this report by visiting the home page
According to a sample study of 2260 apartments in Tashkent, price levels climbed a bit up in November.
3-room apartments flexed highest increase rate amongst other apartments, 6.42%. Others were less energized by swings, retaining almost September price levels, which required an upward shift of almost a similar magnitude of the fall in October.
1-ROOM APARTMENTS
Average price level of 1-room apartments in Tashkent rose by over 5%. Confidence interval (Lower and Upper limit) of price per sq. m ranged from $499 to $516 (with 95% confidence interval).
| Lower limit | Upper limit | Stdv | Mean | Change (%) | YTD (%) |
|---|---|---|---|---|---|
| $19,395.80 | $26,317.08 | $7,237.50 | $22,856.44 | 5.30% | -23.13% |
| Zone | Lower limit | Upper limit | Stdv | Mean | Change (%) | YTD (%) |
|---|---|---|---|---|---|---|
| I | $29,325.40 | $32,758.90 | $7,862.30 | $31,042.20 | -1.30% | -11.94% |
| II | $23,099.80 | $25,893.80 | $6,820.50 | $24,496.80 | 5.62% | 18.06% |
| III | $16,177.70 | $16,734.40 | $2,752.20 | $16,456.10 | 4.60% | -13.74% |
2-ROOM APARTMENTS
With no gallop, average price of 2-room apartments in November rose marginally, by a bit over 2%. Yet, price range per sq.m dwindled as compared with October, constituting $491 - $506 (with 95% confidence interval).
| Lower limit | Upper limit | Stdv | Mean | Change (%) | YTD (%) |
|---|---|---|---|---|---|
| $27,764.10 | $35,853.60 | $9,848.30 | $31,808.85 | 2.34% | -19.46% |
| Zone | Lower limit | Upper limit | Stdv | Mean | Change (%) | YTD (%) |
|---|---|---|---|---|---|---|
| I | $40,178.40 | $43,646.60 | $10,820.30 | $41,912.50 | 4.68% | -9.04% |
| II | $31,560.90 | $33,724.40 | $7,015.50 | $32,642.70 | -0.44% | -19.94% |
| III | $22,835.80 | $23,624.60 | $4,608.90 | $23,230.20 | 1.66% | -19.29% |
3-ROOM APARTMENTS
Along with the increased volatility of prices of 3-room apartments this month, average price range also shifted rightwards. Average price per sq.m deviated between $518 - $541.
| Lower limit | Upper limit | Stdv | Mean | Change (%) | YTD (%) |
|---|---|---|---|---|---|
| $41,750.20 | $50,785.88 | $16,138.00 | $46,268.04 | 6.42% | -24.97% |
| Zone | Lower limit | Upper limit | Stdv | Mean | Change (%) | YTD (%) |
|---|---|---|---|---|---|---|
| I | $57,122.90 | $61,068.10 | $13,298.00 | $59,095.50 | -0.53% | -26.01% |
| II | $44,161.20 | $48,518.60 | $13,411.80 | $46,339.90 | 11.47% | -18.64% |
| III | $29,885.50 | $31,128.10 | $5,137.00 | $30,506.80 | -1.58% | -25.37% |
4-ROOM APARTMENTS
The increase in average price of 4-room apartments was largely propelled by the increase in zone 3. Price per sq.m of 4-room apartments ranged between $508 - $540.
| Lower limit | Upper limit | Stdv | Mean | Change (%) | YTD (%) |
|---|---|---|---|---|---|
| $50,476.10 | $54,527.60 | $16,969.60 | $52,501.80 | 1.14% | -38.48% |
| Zone | Lower limit | Upper limit | Stdv | Mean | Change (%) | YTD (%) |
|---|---|---|---|---|---|---|
| I | $66,974.70 | $72,679.70 | $12,900.40 | $69,827.20 | -5.38% | -42.87% |
| II | $54,641.00 | $60,197.70 | $10,940.30 | $57,419.40 | -8.52% | -29.98% |
| III | $37,799.60 | $40,719.80 | $8,381.10 | $39,259.70 | 3.22% | -19.09% |
Disclaimer
The information provided in this website is offered for general purposes only; In no way are any of the materials presented meant to be a substitute for a precise estimate by a qualified appraiser. Reports are presented with a certain confidence level, while we endeavor to keep the information up to date and correct we make no representations or warranties of any kind.
Market summary
| # rooms | Price | Change |
|---|---|---|
| 1-room | $ 18,241 | -1.07 % |
| 2-room | $ 24,510 | 0.19 % |
| 3-room | $ 35,571 | -2.90 % |
| 4-room | $ 44,299 | 5.69 % |