Experts spoke about the growth of the value index in the luxury real estate market

The developer Sminex, in partnership with the investment holding Finam, updated the luxury real estate value index, the results were reviewed by Izvestia on April 25.

According to the results of the first quarter of 2025, its value was 2.59 million rubles per square meter. This is 6.5% more than a quarter earlier and 18% more than in the same period of 2024. In six months, the price per square meter in completed transactions increased by 28%, while the price in the developers' storefront increased by only 4%.

"The index is steadily growing by 6-7% per quarter. This confirms the steady demand for luxury real estate. We see that buyers are increasingly choosing new homes with rich grocery contents and more expensive lots. For example, they purchased five penthouses in the fourth quarter of 2024, and 11 in the first quarter of 2025," said Svyatoslav Kulanin, Director of Valuation at Sminex.

The median lot price in transactions was 2.41 million rubles per square meter. This is 11% higher than in the previous quarter. At the showcase, the median cost of the "square" reached 2.77 million rubles, an increase of 3%.

When updating the luxury real estate value index, 52 development projects, or 214,327 square meters, were included in the calculation.

The short game: how Russians try to circumvent the property tax

Artificially underestimating the cost of housing for sale no longer helps

Earlier, on March 29, Andrey Serdyuk, a real estate market expert and author of the Telegram channel Realtor Academy, named the main payback factors for real estate in Moscow in an interview with Izvestia. According to him, the top 3 properties with the highest profitability and quick payback include studios and one-bedroom apartments in new buildings (up to 35 square meters), apartments in hotel complexes and apartments for daily rent (near the metro, near the TTK).