The share of second home buyers who have sold their property in other regions and moved to Moscow has increased to 18% of the total number of transactions since last year. This was reported to Izvestia by experts from NDV Supermarket Real Estate.
“There is a clear trend towards increased internal labor migration, which means that the share of sales of residential real estate in the secondary market to people from the regions will increase. In many ways, this trend is due to low wages and an insufficient number of jobs in other regions of the country,” said Elena Mishchenko, head of the urban real estate department at NDV Supermarket Real Estate.
Analysts also said that 69% of transactions with residential real estate in the secondary market of the capital falls on the age category of citizens – from 25 to 55 years. Buyers over 55 years – about 20%. Young people under 25 who have become owners of housing – 11%.
Men buy more often than women: the percentage of transactions is 59 to 41%, the company noted. In addition, analysts noted that in 79% of the concluded contracts for the purpose of acquiring an apartment, there is a personal residence of the owner (improvement of living conditions).
In 10% of transactions – the purchase of housing for relatives (children). 6% of the total sales volume – investments: renting an apartment for long-term rent or daily rent. About 5% of contracts for the purchase of housing account for transactions when the owners first sell their apartment due to the deterioration of their financial condition, and then purchase housing of a smaller area, in a different location or lower class, the experts added.
Earlier, on March 4, Izvestia was told that, according to research by NDV Supermarket Real Estate, most secondary real estate is sold in the following areas: Maryino, where the share of transactions is 20%, Kuzminki (17%), Brateevo (15%) , Golovinsky (11%), Babushkinsky (10%), Sokolniki (8%), Shchukino (7%), Teply Stan (5%), Academic (4%) and Danilovsky (3%), experts said. The choice of buyers is influenced by such a factor as the ability to move in immediately after the transaction.
On February 28, specialists from the analytics and consulting department of VSN Realty told Izvestiya that the minimum transaction price on the primary real estate market in Moscow in January 2023 was 4.2 million rubles. The cost of a “square” compared to December 2022 decreased by 1%, in fact, remained the same: 252 thousand rubles.
