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Market insights

What property costs in Armenia right now

Computed from active listings on skan.am. Figures are asking prices, not transaction prices, and update as listings change. Shown in USD for comparability.

Cities at a glance

CityActive listingsMedian $/m² (apartments, sale)Median monthly rent (apartments)
Yerevan34$2,452$1,038Details
Gyumri3$655—Details
Dilijan2——Details

Yerevan by district

Median asking price per m² for apartments for sale. Districts with fewer than two listings are indicative only.

Median $/m²
$2,452

apartments for sale

Median days listed
39

across all active listings

Price reduced
15%

of active listings

Verified
56%

of active listings

Median $/m² by district

  1. Avan$3,325
  2. Erebuni$3,209
  3. Kentron$3,080
  4. Arabkir$3,041
  5. Davtashen$2,452
  6. Malatia-Sebastia$2,121
  7. Nork-Marash$2,088
  8. Kanaker-Zeytun$1,647
  9. Shengavit$1,606

Listing mix in Yerevan

  1. Apartments23 · 68%
  2. Houses & villas4 · 12%
  3. Commercial property4 · 12%
  4. Land plots2 · 6%
  5. Parking spaces1 · 3%
DistrictListingsMedian $/m²Range $/m²Median asking price
Avan1$3,325$3,325 – $3,325$399,000View
Erebuni1$3,209$3,209 – $3,209$375,500View
Kentron2$3,080$1,888 – $4,272$274,750View
Arabkir3$3,041$2,452 – $3,506$308,500View
Davtashen2$2,452$2,206 – $2,699$195,250View
Malatia-Sebastia1$2,121$2,121 – $2,121$184,500View
Nork-Marash1$2,088$2,088 – $2,088$142,000View
Kanaker-Zeytun1$1,647$1,647 – $1,647$257,000View
Shengavit1$1,606$1,606 – $1,606$106,000View

Planning a purchase?

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