Asking prices for apartments in Mərdəkan q. have a median of 385,000 AZN across 2,746 active listings. The middle half of listings falls between 265,000 AZN and 585,000 AZN, indicating a wide spread driven largely by apartment size.
Residential complexes here
Named developments with live inventory in this district.
Mardi Mekan Estate
Asking price range
Half of listings are priced between 265 000 ₼ and 585 000 ₼.
How long listings stay up
| Observed for | Listings | Share |
|---|---|---|
| 30+ days | 0 | 0.0% |
| 60+ days | 0 | 0.0% |
| 90+ days | 0 | 0.0% |
Measured from Doma's first sighting, so these are floors. With a short observation history the three bands can coincide.
By number of rooms
| Rooms | Listings | Median | ₼ / m² (all conditions) |
|---|---|---|---|
| 1 | 6 | 340 000 ₼ | 3 045 |
| 2 | 17 | 180 000 ₼ | 2 056 |
| 3 | 91 | 185 000 ₼ | 1 625 |
| 4 | 1 392 | 285 000 ₼ | 1 800 |
| 5 | 658 | 547 500 ₼ | 2 161 |
| 6 | 285 | 750 000 ₼ | 1 950 |
Who is advertising
370 of 2 710 listings (13.7%) come from non-business accounts. That is an account type, not a reliable indication of owner versus agent — bina.az states which only on the individual listing page.
Price per square metre in Mərdəkan q.
The median asking price per square metre across all listings is 1,903 AZN. Condition affects this figure noticeably: repaired apartments carry a median of 1,893 AZN per square metre across 2,581 listings, while the 48 shell-condition listings sit at 1,223 AZN per square metre — 35.4% below the repaired figure. Shell listings account for just 1.8% of the total, so the overall median is dominated by repaired stock. The median apartment area is 180 square metres, which is large relative to most Baku districts and partly explains why total asking prices are high even where per-square-metre rates are moderate.
How long apartments in Mərdəkan q. are observed on the market
Listings in Mərdəkan q. have been observed for an average of 59 days. A notable share — 830 listings, or 30.2% of the total — have been observed for 90 days or more. Prices are asking prices, not transaction prices. Time on market is measured from Doma's first observation — bina.az publishes no listing date, so all figures are a floor on actual time listed.
What the data shows about buying in Mərdəkan q.
This service does not assess whether any area is a good place to buy; that depends on individual circumstances and factors not captured in listing data. What the data shows: the median asking price of 385,000 AZN is 67.4% above the city-wide median of 230,000 AZN, reflecting the larger typical apartment size of 180 square metres. Of the 2,746 listings, 401 (14.6%) are from private individuals rather than agencies. Room-count medians range from 180,000 AZN for 2-room apartments (17 listings) to 750,000 AZN for 6-room apartments (288 listings), so the segment a buyer targets will materially affect the price range they encounter.
Questions
How much does an apartment cost in Mərdəkan q.?
The median asking price is 385,000 AZN. The middle 50% of listings are priced between 265,000 AZN and 585,000 AZN. These are asking prices, not transaction prices.
What is the asking price per square metre in Mərdəkan q.?
The median asking price per square metre is 1,903 AZN. Repaired apartments average 1,893 AZN per square metre, while shell apartments average 1,223 AZN per square metre. Shell stock represents only 1.8% of listings.
How long do apartments in Mərdəkan q. stay on the market?
Listings have been observed for an average of 59 days. 30.2% of listings — 830 in total — have been observed for 90 days or more. Time on market is measured from Doma's first observation, as bina.az publishes no listing date, making these figures a floor.
Is Mərdəkan q. a good area to buy in?
This service does not make valuations or buying recommendations. The data shows that median asking prices here are 67.4% above the Baku city median, largely reflecting larger apartment sizes. Whether that represents value depends on a buyer's own criteria and due diligence.