The volume of supply in the primary housing market of the Moscow region increased by 5%

According to the results of the IV quarter of 2024 the volume of supply of apartments and apartments in the primary housing market of the Moscow region increased by 5.5%, demand by 4.9%. This follows from the data of analysts of the company "Metrium", with which "Izvestia" got acquainted on January 28.

Experts specified that in the market of new buildings in the realization of 208 projects, which offered 45.3 thousand lots: 44 thousand - apartments and 1.2 thousand - apartments.

The maximum volume of supply is concentrated in Leninsky Urban District (15%), where the weighted average price of 1 sq. m. is 198 thousand rubles. The second place is occupied by Pushkinsky District (12%), where "square meter" costs on average 160,270 rubles. On the third position Mytishchi (12%), where for 1 sq. m. the buyer will give on average 198 050 rubles.

At the same time, analysts noted that the most pronounced price dynamics is observed in Domodedovo (173 660 rubles per 1 sq. m, -5% for the quarter), where the cost reduction occurred due to discounts in one large-scale project. The dynamics is also recorded in Krasnogorsk (220 520 rubles per "square meter", -5% for the quarter), where the negative correction is largely due to the introduction of new supply to the market in a large-scale project with prices below the market. Increase in price is noted in Lyubertsy (223 250 rubles per 1 sq. m, +6% for the quarter) and Odintsovo (211 690 rubles, +4% for the quarter). The expert explained the increase in these districts by both structural changes and progress in the construction stage of several projects.

In general, according to the company's calculations, the average weighted price of 1 sq. m. of apartments and apartments in the primary real estate market of the Oblast at the end of the IV quarter of 2024 amounted to 190 500 rubles per sq. m.

In addition, 9.5 thousand share participation agreements (SPAs) were concluded, the figure rose by 4.9% during the quarter, but for the year decreased by 48.5%. Most of all CDA registered in the Leninsky urban district, Mytishchi, Krasnogorsk.

"For several years already, the leaders in demand for new buildings in the Moscow region have invariably remained Leninsky District, Mytishchi and Krasnogorsk. This is explained not only by the significant volume of supply, because the share of these three areas in transactions under CDA is higher than in the exposure structure. Mainly, high consumer activity here is due to the exclusive characteristics of these locations. All of them are the nearest satellites of Moscow, have well-developed infrastructure and a large number of places of labor application", - said Grigory Vaulin, Managing Partner of the Group of Companies "Ferro-Stroy".

In turn, Ruslan Syrtsov, Managing Director of Metrium, said that at the end of 2024 there was the minimum share of mortgage transactions in the Moscow suburbs for 5.5 years - 59%. According to him, this is due to several factors. First, until mid-December, many banks did not have limits for family mortgage transactions.

"Second, development companies were able to increase the popularity of installment loans. Third, many customers expected that with the introduction of the new mortgage standard, developers would introduce fee-free subsidies. Nevertheless, in November-December a recovery trend was observed on the market of new buildings in Moscow region. However, the situation has slightly stabilized only compared to the second half of last summer, and the year-to-year dynamics of the CDA remains negative," he added.

Earlier, January 23, it was reported that, according to the calculations of analysts "Metrium" on the basis of data from the Rosreestr of Moscow, at the end of 2024, the number of transactions in the market of housing under construction in the capital decreased by 25%, ready apartments - by 16%. The number of issued mortgage loans decreased by 11%.

At the end of December 2024, Ruslan Syrtsov, Managing Director of Metrium, told Izvestia that developers of mass and business segment real estate projects in 2025 may continue to reduce prices by setting a discount on a wide pool of lots. However, he suggested that there will not be a sharp reduction in the cost.