Tashkent housing market shows mixed trends in May as small apartments drive price growth

In the primary housing sector, newly built single-bedroom apartments recorded a 1.1% price increase compared to April, while three-bedroom units saw the strongest gains at 2.7%. Conversely, prices for primary two-bedroom apartments dropped by 1.1%, and large apartments with four or more rooms saw a 1.5% decrease.

The secondary market mirrored this pattern but experienced sharper price growth in smaller configurations. Prices for single-bedroom resale apartments surged by 5.8% over the month, marking the highest rate of growth across all segments. Secondary two-bedroom and three-bedroom properties recorded modest price increases of 0.6% and 0.5%, respectively. Meanwhile, resale options with four or more rooms experienced a small reduction of 0.4%.

Geographical disparities across Tashkent remain pronounced. Mirabad, Yakkasaray, and Mirzo Ulugbek districts continue to rank as the most expensive areas for residential real estate. In contrast, home buyers seeking more affordable housing options can find relatively lower pricing structures in the Sergeli, Uchtepa, and Almazar districts.