Analysis of the real estate market in Russia on the example of the Volga region

Buy or rent real estate in the regions, of course, cheaper than in the capital. The cost is significantly different. But in the regions it is also different. In order to understand how the price is formed, it is necessary to conduct an analysis of the real estate market. As a rule, the main factor is the development of a certain region. Compare the prices of the Samara city of Togliatti, the Mordovian capital of Saransk, Nizhny Novgorod Sarov and Orenburg Orsk. Cities of completely different significance, but one district - the Volga region.

Togliatti: real estate market

Togliatti is the capital of the Russian car industry. Population - more than 715 thousand people. The city is young, spacious, dynamically developing. Many factories, but the main is AvtoVAZ. It employs a large part of all residents of the city. But after the crisis of 2009, the analysis of the real estate market showed that prices for residential and industrial premises fell sharply. Currently, there is no way to stabilize them. If the pre-crisis cost per 1 sq. Km. M in the primary market was about 70,000 rubles, on the secondary - from 50,000 rubles, then after it formed almost identical prices - about 40000-45000 rubles. This led to the fact that developers suffered heavy losses. In 2014, the situation was further complicated by a sharp jump in the dollar. Many people bought housing for mortgages, and as the refinancing rate increased, the level of sales fell sharply. This was due to the fact that banks lent to too high interest. In this regard, began to appear new mortgage programs with reduced rates for those who acquired primary housing.

The analysis of the commercial real estate market shows a high leap in the beginning of 2000. It was at this time there was a great demand for production facilities, so the construction of such buildings began in large volumes. The successful development of JSC AvtoVAZ contributed to the economic growth of this region. In this regard, there was a sharp jump in other areas. However, after the crisis, businessmen began to give preference to leased commercial real estate. In general, this demand was affected by the abundance of offers with fairly low prices.

Property in Saransk

Mordovian capital Saransk is a small city with a low standard of living. The population is about 300 thousand people. There are many different enterprises here. The analysis of the real estate market in this city shows the direct dependence of prices on the number of people living. In 2000, in the primary market housing was worth 50,000 rubles, on the secondary market - 35,000 rubles (per 1 sq. M.). At this time there were practically no new buildings. However, since 2005 the picture has changed dramatically. Saransk began to actively build up. Now it is a very beautiful city. Not only residential blocks are being built, but temples and parks are also being improved.

Analysis of the real estate market area in 2015 showed a sharp jump in prices:

• The primary market offers a value of 65 thousand rubles;
• Secondary - from 45 thousand rubles.

In the field of commercial real estate there is also an active growth. Currently, many premises are being built for this purpose. Prices for production facilities - from 20 million rubles.

Sarov: property prices

Sarov is the nuclear center of Russia. It has the status of a closed city. Very small both in area and in population (about 100 thousand people). 90% of the people living here work at a nuclear plant. There are many servicemen in the city. The standard of living of citizens is above average. Economic stability is observed here, as it is well funded by the state. Analyzing the Sarov real estate market, we can draw conclusions: the cost is quite high.

• In the primary market - from 70,000 rubles, sometimes reaches 80,000 rubles.
• On the secondary - from 45,000 to 65,000 rubles.

Prices almost did not fall even in difficult crisis years.

The same can be observed in the commercial real estate market. For example, a production room of about 2000 square meters. M. Will cost from 60 million rubles.

Analysis of the real estate market in the city of Orsk

The small town of Orsk is located in the Orenburg region. The population is about 230 thousand people. There are no big factories and significant facilities for the state. In this regard, the cost of housing is not high:

• One square meter in the primary market is about 40,000 rubles;
• On the secondary - from 27,000 rubles.

Prices for commercial real estate are also quite acceptable. For example, the production building is more than 1500 square meters. M with warehouses and offices costs about 12 million rubles.

Analyzing the real estate market of several cities, we can conclude that the formation of prices are influenced by such factors as the level of industrial development, the population and, of course, public funding.