Yerevan apartment prices rose an average of 9.9% in the third quarter of this year, as compared with the same period last year, with the Kentron (Center) district of the Armenian capital leading the way at 19.4%.

Data from Armenia’s Real Estate Cadastre shows that 3,130 apartments in Yerevan changed hands in the third quarter, up 16.9% over the same period in 2017.

For those either looking to buy or sell an apartment in Yerevan, here are the going rates (in AMD) for one square meter in the capital’s districts.

District                    2017; 3rd qtr.                       2018; 3rd qtr.

Kentron                        452,800                                      543,900

Arabkir                         342,800                                      374,900

Davtashen                     251,200                                      291,200

Kanaker-Zeytoun           267,300                                      279,200

Avan                              247,500                                     258,800

Erebouni                        236,300                                     257,550

Shengavit                       240,300                                     255,800

Ajapnyak                        226,500                                     252,900

Nor Nork                        229,600                                     243,100

Malatya-Sebastia            230,400                                     241,100

Nubarashen                    156,000                                     167,400