The real estate market in Ukraine is coming to life, but the prices in transactions differ significantly from those seen in listings, according to Olena Shuliak. The average difference between the listing price and the actual transaction is 25%. This means that property owners are forced to make concessions to sell an apartment.

Most often, small apartments built over 35 years ago are purchased, with an average area of 48 m². Newer properties, up to 15 years old, account for only a quarter of sales. There is a particular interest in housing in small towns, suburbs, and in Western Ukraine. About 60% of all transactions are apartments, while the rest are private houses.

The most popular locations are the suburbs and small settlements in Western Ukraine (78% of transactions). The demand for housing in large cities, including Kyiv (only 10% of transactions), is significantly lower than before 2022.

Demand is increasing, with 14% more transactions over the year, but this is only 70% of 2021's level, and we are still far from pre-war figures.

Despite state programs, only 4% of buyers are securing housing with loans, while most are purchasing with their own funds.

Source: 24 Kanal