Housing prices went up across most St. Petersburg areas during early 2025. The city saw a 2.6% increase in existing apartments between January and March. Price growth happened in ten out of thirteen districts throughout the city. Vasileostrovsky ranks as the most expensive area, with Moskovsky and Primorsky following close behind. These top districts all show prices above 200,000 rubles per square meter.
The average home buyer spends about 12 million rubles on an apartment purchase in St. Petersburg. Small studio apartments increased most dramatically, jumping 9.2% compared to last year. The average price reached 206,319 rubles per square meter, marking a 3.9% yearly increase since late 2024. The gap between new construction prices and existing homes grew from 25% to 28%. Stalin-era buildings, older properties, and modern brick structures showed the largest price increases among all housing types.
The average home buyer spends about 12 million rubles on an apartment purchase in St. Petersburg. Small studio apartments increased most dramatically, jumping 9.2% compared to last year. The average price reached 206,319 rubles per square meter, marking a 3.9% yearly increase since late 2024. The gap between new construction prices and existing homes grew from 25% to 28%. Stalin-era buildings, older properties, and modern brick structures showed the largest price increases among all housing types.
